March 23, 2015
The AICPA has submitted a letter on March 19 to the Internal Revenue Service (IRS) and the Department of the Treasury recommending relief for surviving spouses who would like to elect portability of their deceased spouse’s unused estate tax exemption.
February 27, 2015
During his recent State of the Union Address, President Obama outlined his proposal to change several key provisions of the Internal Revenue Code. Specifically, the President advocated for the elimination of the basis step‐up that occurs at an individual’
February 10, 2015
More than three-fourths of public company CFOs say that exposure to the public of corporate tax planning has a detrimental impact on their reputation, according to the latest annual global survey of multinational CFOs conducted by Taxand, a global organiz
January 9, 2015
Printable 2014 IRS Form 1041 - U.S. Income Tax Return for Estates and Trusts - For Filing in 2015
December 5, 2014
When you start a new business, there’s a lot of behind-the-scenes work that must happen to ensure you are delivering a high quality product or service to your customers. This is especially true for payroll practitioners just starting out. As you gear up for your first filing season, now is the time to make sure...…
December 3, 2014
Payroll practitioners spend the end of the year helping their clients prepare for year-end and the upcoming year. But year-end planning isn’t just for the clients they serve. It’s equally as important that they spend time prepping their own businesses as well. There are a few items that you will want to ensure makes your...…
December 3, 2014
With the November elections behind us, the Republican Party is in line to take control of the Senate, giving them the majority vote in both chambers of Congress for the first time since 2006.
December 3, 2014
The end of the year is a time to reflect upon the past and plan for the future, including planning for income and estate taxes. Below, we present some important income and estate tax items to consider before the end of the year.
December 1, 2014
There is no better time than the holiday season to review any year-end tax planning decisions that could lead to savings come April 2015. Taxpayers have had time to adjust to the tax rate changes from 2013, so when it comes to prudent tax planning ...
November 26, 2014
Feeling generous this Holiday Season? The Internal Revenue Service is reminding individuals and businesses making year-end gifts to charity that several important tax law provisions have taken effect in recent years. Some of the changes taxpayers should k
November 18, 2014
New legislation has brought greater certainty to year-end planning but also created new challenges.
November 14, 2014
The portability provision can literally save a family millions of federal estate tax dollars if a timely election is made. For some clients who missed the boat, there’s still a little time left to sail off happily into the sunset, thanks to a special IRS