Regs will clarify effect of suspension of miscellaneous itemized deductions on trusts and estates
Notice 2018-61, 2018-31 IRB In a Notice, IRS has announced that it intends to issue regs that clarify the effect …
Checkpoint Special Study on Estate and Gift Tax Changes in the “Tax Cuts and Jobs Act”
On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform …
New, simplified procedure for obtaining extension to make estate tax portability election
In a Revenue Procedure, IRS has provided a permanently available simplified method for estates to obtain an extension of time …
IRS sheds light on estate tax lien discharge process
IRS’s Small Business/Self Employed Division has provided interim guidance to its Special Collection Advisory group (Advisory) regarding procedures the group …
IRS will only issue estate tax closing letters on request
IRS has announced that, for estate tax returns filed on or after June 1, 2015, estate tax closing letters will …