IRS Issues Notice Allowing 2009 Deduction for “Bundled Fiduciary Fees”


Round Three! The IRS has once again issued guidance to extend the deduction for Bundled Fiduciary Fees incurred by nongrantor trusts and estates for the 2009 tax year. IRS Notice 2010-32 was issued on April 1, 2010. The IRS has been issuing guidance on this issue since the 2007 tax year.

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