In the News

[ad_1] Tax Court Tentatively Disallows Conservation Easement Deduction Due to Omitted Required Basis Information The Tax Court disallowed a conservation easement charitable contribution deduction because the taxpayer’s return omitted the cost or adjusted basis of the...

[ad_1] The Kitces Report has published an article, by Jeffrey Levine. The Executive Summary is as follows: Passed in December of 2019, the SECURE Act brought several changes to the rules governing retirement accounts, the most significant of which (at least for...

[ad_1] According to The NY Times and other news sources, the Treasury Department is considering delaying tax payments beyond the April 15 deadline, according to a person familiar with the plans, as taxpayers and the Internal Revenue Service brace for economic...

[ad_1] SECURE Act changes rules to encourage retirement savings: By Dave Strausfeld, J.D. The recently enacted Setting Every Community Up for Retirement Enhancement Act of 2019 modifies some rules for retirement accounts and employer plans. Supreme Court...

[ad_1] Bridget J. Crawford, Pace University School of Law, and Jonathan G. Blattmachr, have made available for download their forthcoming Tax Lawyer article, Basis and Bargain Sales: Income Tax and Other Concerns. The Abstract is as follows: This article explores the...

[ad_1] Yi W. Stewart, on the NY Trusts  Estates Litigation Blog, has written an article about obtaining disclosure of a decedent’s digital assets.  Her article begins as follows: Since the last post to this blog on the evolving issue of access to a...

[ad_1] Steve Akers has made available for download his Heckerling Musings 2020. The Abstract is as follows: A summary of observations from some of the sessions at the 54th Annual Heckerling Institute on Estate Planning held in Orlando, Florida the week of January 13,...

[ad_1] Bloomberg is making available for download without charge its special report, Pass-Through Entities Face Myriad State-Level Taxes, Compliance Obligations. The summary is as follows: While pass-through entities (PTEs) are the most common form of business...