Ways and Means Chairman Dave Camp (R-MI), on Feb. 26, 2014, released (but didn’t introduce) a nearly 1,000 page bill (Discussion Draft, The Tax Reform Act of 2014), a major overhaul of the Internal Revenue Code. Effective. ...
Every year, the Internal Revenue Service updates the list of topics on which it will: (1) not issue rulings, (2) ordinarily not issue rulings, and (3) not issue rulings because the issue is under extensive study. Rev. Proc. 2014-3, 2014-1 IRB 111 ...
Proposed regulations thwart a capital-gain-avoidance plan. The plan purports to avoid capital gain for a life (or term-of-years) beneficiary of a charitable remainder unitrust (CRUT) or annuity trust (CRAT) on a sale to a third party by the life...
Now is a good time to tell your clients how to substantiate their charitable gifts on their 2013 federal income tax returns...
The focus on special charitable-incentive tax laws that expire on Dec. 31, 2013 has been on tax-free distributions to charities...
