Recent developments in estate planning – Generation-skipping transfer tax 2
Late allocation to CRUT allowed In IRS Letter Ruling 202134005 released Aug. 27, 2021, the taxpayer requested an extension of...
Recent developments in estate planning – Generation-skipping transfer tax 1
Mar 15, 2023
Automatic allocation of GST exemption to GST trust allowed In IRS Letter Ruling 202210010 released on March 11, 2022, the...
IRS clarifies required minimum distribution reporting
Mar 13, 2023
The IRS provided guidance to financial institutions regarding reporting for required minimum distributions (RMDs), the rules for which were changed...
Digital scanning of tax documents to expand, will add Form 1040 soon
Mar 10, 2023
The IRS said Wednesday that soon it will add Form 1040, U.S. Individual Income Tax Return, and Form 941, Employer’s Quarterly Federal...
New online portal available for businesses to file Forms 1099
Feb 17, 2023
A new online portal where businesses can file Form 1099 series information returns for free is now open, the IRS...
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