Page 45 - Internal Revenue Code Section News Today

The retention period that the IRS will hold onto estate tax and related gift returns will be reduced from 75 to 40 years.

Unless the context otherwise indicates, all references in this Management's Discussion and Analysis of Financial Condition and Results of Operations, or MD&A, to the "Company," "we," "us," "our" or "ours" or similar words are to GWG Holdings Inc. and its direct and indirect wholly-owned and consolidated subsidiaries, references to " GWG Holdings" refer to GWG Holdings Inc.,...

A discussion of the details, interpretation and application of deathbed transfers.

Individual and business clients engaging in real estate transactions often have an interest in like-kind exchanges under Internal Revenue Code Section 1031 (hereinafter “1031” or...

WASHINGTON, Oct. 17-- The American Academy of Actuaries issued the following issue brief entitled "New Retirement Plan Designs: Degrees of Risk Sharing":. In July 2019, the American Academy of Actuaries published an issue brief titled National Retirement Policy& Principles. In April 2020, the Academy followed up that issue brief with a paper titled Retirement...

IAA requested a six-month extension after the December 20, 2021, expiration date.

Let’s time travel back to a couple of days before Santa descended chimneys in 2017, which was when Congress okayed and President Donald J. Trump signed the

Historically, the Supreme Court of the United States rarely grants petitions for certiorari in tax cases, and it appears this trend continues in the current term. On...

The Supreme Court granted petition for certiorari in Boechler, P.C. v. Commissioner. The case presents the question of whether Internal Revenue Code Section 6330(d)(1) is a jurisdictional requirement or a claim-processing rule subject to the equitable tolling doctrine.

Although Oregon’s 2021 legislative session turned out to be relatively quiet from a tax perspective, we did experience some changes to Oregon’s Corporate Activity Tax (“CAT”). Those...