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What the Recently Released 2016 IRS Inflation Adjustments Mean for You

Posted on: January 1st, 2016
The Internal Revenue Service has released the official inflation adjustments that will affect 2016 federal reporting for estate taxes, gift taxes, generation-skipping transfer taxes, and estate and trust income taxes....

IRS Announcement: Estate Tax Closing Letters Will Now Only Be Issued Upon Request

Posted on: July 15th, 2015
Due to the increased volume of federal estate tax return filings in order to make the 'portability election,' the IRS has announced that estate tax closing letters will only be issued upon request by the taxpayer. This change in IRS policy started on June 1, 2015....
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