Article Results (Showing 1 - 10 of 10) RSS Alert

Charitable remainder trust update: IRS keeping close watch on popular estate planning tool.

EXECUTIVE SUMMARY * Charitable remainder trusts (CRTs) are a favored way for donors to receive a charitable deduction of the present value of...
Journal of Accountancy, 10/01/09 by Ransome, Justin P. · More from publication
Valuation discounts for estate and gift taxes: recent court decisions offer guidance on interests in closely held businesses.

EXECUTIVE SUMMARY * Unintended estate and gift tax consequences can arise from valuations of interests in closely held entities. Because...
Journal of Accountancy, 07/01/09 by Ransome, Justin P. · More from publication
Significant recent developments in estate planning: this article examines developments in estate and gift tax planning and compliance. It discusses legislative developments, recent cases and rulings, and administrative and procedural changes.

EXECUTIVE SUMMARY * Both the Pension Protection Act of 2006 and the Tax Relief and Health Care Act of 2006 included changes significant for...
Tax Adviser, The, 09/01/07 by Ransome, Justin P.; Satchit, Vinu · More from publication
Patenting tax ideas.

More and more, fox strategies long presumed to be accessible to all practitioners are being claimed to be exclusive to their potent holders....
Tax Adviser, The, 08/01/07 by Ransome, Justin P.; Sherr, Eileen · More from publication
Allocating partnership depreciation between trusts and beneficiaries: a trust owning depreciable property through a partnership may have a larger income tax burden than if it owned the assets directly. This article reviews how partnership depreciation is

EXECUTIVE SUMMARY * A trust partner must separately account for its share of partnership depreciation deductions, when doing so would result...
Tax Adviser, The, 07/01/07 by Ransome, Justin P. · More from publication
Tax patents considered: a practice by the U.S. Patent and Trademark Office of granting patents on tax strategies has raised red flags with many observers. Members of an AICPA volunteer task force tell why.

EXECUTIVE SUMMARY * The U.S. Patent and Trademark Office since 1998 has granted patents to business methods. In recent years, these patents...
Journal of Accountancy, 07/01/07 by Cathey, Jack M.; Godfrey, Howard; Ransome, Justin P. · More from publication

TC upholds GSTT regs. (Tax Court, generation-skipping transfer tax)

In Estate of Gerson, 127 TC No. 11 (10/24/06), the Tax Court held that the exercise of a testamentary general power of appointment (GPA) by a...
Tax Adviser, The, 02/01/07 by Ransome, Justin P. · More from publication
Valuation of IRAs for estate tax purposes.(individual retirement accounts)

In Est. of Kahn, 125 TC No. 11 (2005), the Tax Court considered for the first time whether IRAs could be discounted for estate tax purposes. It...
Tax Adviser, The, 02/01/06 by Ransome, Justin P. · More from publication
New regs. on elections for indirect skips: final regulations on indirect skip transfer elections give taxpayers many generation-skipping transfer tax planning options. This article explains the election rules and available planning opportunities under the

EXECUTIVE SUMMARY * The final regulations provide rules for making an election out of the automatic allocation of GST exemption to indirect...
Tax Adviser, The, 12/01/05 by Ransome, Justin P. · More from publication
Gifts in excess of the applicable exclusion amount.

The increase in the unified credit (now referred to as the applicable credit amount), enacted as part of the Taxpayer Relief Act of 1997 (the TRA...
Tax Adviser, The, 06/01/99 by Ransome, Justin P. · More from publication

Find Research Guides for:

MoneyWatch.com

Article Results (Showing 1 - 10 of 10) RSS Alert

Charitable remainder trust update: IRS keeping close watch on popular estate planning tool.

Valuation discounts for estate and gift taxes: recent court decisions offer guidance on interests in closely held businesses.

Significant recent developments in estate planning: this article examines developments in estate and gift tax planning and compliance. It discusses legislative developments, recent cases and rulings, and administrative and procedural changes.

Patenting tax ideas.

Allocating partnership depreciation between trusts and beneficiaries: a trust owning depreciable property through a partnership may have a larger income tax burden than if it owned the assets directly. This article reviews how partnership depreciation is

Tax patents considered: a practice by the U.S. Patent and Trademark Office of granting patents on tax strategies has raised red flags with many observers. Members of an AICPA volunteer task force tell why.

TC upholds GSTT regs. (Tax Court, generation-skipping transfer tax)

Valuation of IRAs for estate tax purposes.(individual retirement accounts)

New regs. on elections for indirect skips: final regulations on indirect skip transfer elections give taxpayers many generation-skipping transfer tax planning options. This article explains the election rules and available planning opportunities under the

Gifts in excess of the applicable exclusion amount.

Find Research Guides for:

Your Work The 7 Interview Questions You Must Ask

The 7 Interview Questions You Must Ask

Your Industry Why Time-Warner Cable and News Corp. Need Each Other

Why Time-Warner Cable and News Corp. Need Each Other

Your Money 6 Myths About Gas Mileage

6 Myths About Gas Mileage