, April 02, 2025

0 results found in this keyword

  Feb 23, 2025

IRC § 678: When a Non-Grantor Is Treated as the Trust Owner

IRC § 678 governs situations where a person other than the grantor is treated...

Read More

  Feb 23, 2025

IRC § 672: Definitions and Rules

IRC § 672 provides the foundational definitions that govern the taxation of trusts under...

Read More

  Sep 06, 2024

Keebler Highlights Harris Tax Proposals

In a recent Leimberg Information Services 60-Second Planner, Bob Keebler discussed Kamala Harris&...

Read More
Tax

  Mar 22, 2024

Donee's Basis and Gain or Loss Calculator

Welcome to our Donee’s Basis and Gain or Loss Calculator. This tool...

Read More
Tax

  Nov 18, 2023

Structure of the Internal Revenue Code

When talking about the Internal Revenue Code (IRC), knowing where you are and...

Read More
Tax

  Nov 15, 2023

An Unexpected Meaning of Bequest in Black's Law Dictionary Sheds New Light on the IRS's No-Basis Adjustment Ruling for Irrevocable Trusts

In a surprising twist, the dictionary the IRS relies on as an authority for Rev. Rul. 2023-2 allows taxpayers to reach a different conclusion....

Read More
Tax

  Nov 10, 2023

IRS Published Inflation-Adjusted Tax Numbers for 2024

We published several posts on different inflation-adjusted tax numbers for 2024. We hope...

Read More
Tax

  Nov 10, 2023

IRS Released Standard Deduction Amounts for 2024

In Revenue Procedure 2023-34, the IRS released the standard deduction amounts for 2024....

Read More
Tax

  Nov 10, 2023

IRS Announces Higher Retirement Contribution Limits for 2024

The IRS announced that individuals can contribute more to certain retirement accounts: In...

Read More
Tax

  Nov 10, 2023

IRS Published Inflation-Adjusted Tax Rates for 2024

In Revenue Procedure 2023-34, the IRS published inflation-adjusted tax rates for 2024. Married...

Read More
Tax

  Nov 10, 2023

Exclusion for Gifts to Non-Citizen Spouse Will Increase to $185,000 in 2024

In Revenue Procedure 2023-34, the IRS announced that the exclusion to gifts to...

Read More
Tax

  Nov 10, 2023

Annual Gift Tax Exclusion Will Increase to $18,000 to Any Person in 2024

In Revenue Procedure 2023-34, the IRS announced that the gift tax exclusion in...

Read More