On July 8, 2022, the IRS issued a new procedure that can be used to extend estate tax portability for up to five years after the death of a spouse.
This could be extremely useful for individuals who sought estate planning...more
In February 2015, the IRS added certain small or “micro” captive insurance companies to its “Dirty Dozen” list of abusive tax scams for the 2015 filing season.
In response to what it sees as an abuse involving a...more