Recent changes to the Sec. 179D energy-efficient commercial buildings deduction
The energy efficient commercial buildings deduction under Sec. 179D provides taxpayers with an incentive to make certain commercial building property...
Tax benefits denied for lack of profit motive
Apr 25, 2023
The Tenth Circuit upheld a Tax Court decision that a taxpayer did not have a profit motive in his purchase...
IRS clarifies required minimum distribution reporting
Apr 21, 2023
The IRS provided guidance to financial institutions regarding reporting for required minimum distributions (RMDs), the rules for which were changed...
Recent developments in estate planning: Other Developments 3
Mar 31, 2023
Modifying the GRAT rule: This provision would modify the rules for grantor retained annuity trusts (GRATs) by (1) requiring a minimum...
Recent developments in estate planning: Other Developments 2
Mar 29, 2023
Administration budgetary proposals would affect trusts, estates, and gifts On March 28, 2022, President Joe Biden released his proposed federal...
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