Practice Management feature for March Tax Section monthly newsletter on Managing Extensions. Compressed tax filing seasons are quickly becoming the “norm” rather than the “exception” as […]
The AICPA requested that the IRS provide relief to surviving spouses who want to elect portability of the deceased spouse’s unused estate tax exemption amount. Source:: […]
The IRS issued temporary and proposed rules under Secs. 446 and 956 amending how nonperiodic payments made or received under certain notional principal contracts are treated. […]
Proposed regulations would apply to decedents who died in 2010 and whose executors elected under Sec. 1022 to not have the retroactively reinstated estate tax apply […]
The Supreme Court held that the personal income tax system imposed by the state of Maryland, which did not give taxpayers a credit against their county […]
Rep. Paul D. Ryan, R-Wis., outlined his priorities since taking over House Ways and Means Committee leadership to members of the AICPA’s spring Council meeting in […]