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Weekly IRS Roundup May 1 – May 5, 2023 | McDermott Will & Emery

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 1, 2023 – May 5, 2023. ....

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The 2024 Green Book Limits Use of Defined Value Clauses

It also provides for increased reporting about trusts. ....

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Wealth Management Update - Wealth & Asset Management

The January 2023 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 4.6%, a decrease from the December 2022 rate of 5.2%. ....

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Charitable Giving Updates from Washington D.C.

DAFs and crypto have caught the attention of Capitol Hill. ....

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IRS Guidance Priorities For 2022-23 Reflect Few New Projects - Employee Benefits & Compensation

In this regard, intervening legislation often throws a monkey wrench into the published plan. ....

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