Our nation’s estate tax celebrates the hundred year mark in 2015. The often controversial estate tax stands to gain even more attention as the 2016 Presidential election draws near. The estate tax has been central to many debates during past Presidential elections. Republicans continue to call for the abolition of…
If you are planning to issue your next $100 million tax payment to the IRS via check, better make arrangements for an alternate payment method. The IRS has announced that it will no longer accept payments by check in excess of $100 million. In the modern grocery store, scanners are…
The IRS enacted a new law that required any estates filing Form 706 after July 31, 2015 to report the value of the estate within 30 days after filing the estate form. However, the IRS never issued any implementing regulations for the law. As a result, the IRS has recently…