Every year, the Internal Revenue Service updates the list of topics on which it will: (1) not issue rulings, (2) ordinarily not issue rulings, and (3) not issue rulings because the issue is under extensive study. Rev. Proc. 2014-3, 2014-1 IRB 111 ...
Anyone who’s attended an estate-planning conference or read print or online media recently can’t escape the trend: Charitable planning is a hot-button issue. The specific topic may be the convenience of a donor-advised fund, the...
On April 15, high income taxpayers will confront the first tax returns they’ll file under new tax rates that took effect in 2013. They’ll experience the practical impact of higher rates on ordinary income, capital gains and dividends...
Proposed regulations thwart a capital-gain-avoidance plan. The plan purports to avoid capital gain for a life (or term-of-years) beneficiary of a charitable remainder unitrust (CRUT) or annuity trust (CRAT) on a sale to a third party by the life...
Sometimes, you just don’t need that house anymore. There are at least three ways to dispose of it to clear the land: (1) bulldoze it, and pay the fee to send it to the landfill, (2) donate it to the local fire department to use for practice...
