May 12Senate's Estate Tax Repeal ReintroducedRecently, key Republican Senators including John Thune of South Dakota, Mitch McConnell of Kentucky, and Mike Crapo of Idaho have...
Apr 21Navigating Grantor Trust Tax ChallengesGrantor trusts offer numerous benefits and often serve as the foundation for many estate plans. They allow you to conduct transactions...
Dec 9, 2022IRS Requests Additional Feedback on Green Energy Tax Credit RulesThe IRS released three notices in late October asking for comments on the guidance it should issue on renewable energy-related provisions...
Dec 2, 2022Millions of Unprocessed Tax Returns Create Issues for IRSAs of October 28, the Internal Revenue Service had about 4.4 million unprocessed individual returns, including tax returns and late-filed...
Nov 18, 2022IRS Surprises Retirement Plan Heirs With Tax ReprieveRecent heirs to retirement plans got an unexpected boost last month when the Internal Revenue Service suggested they could skip making...