Tag Archives: Grantor Retained Annuity Trust

White House Releases New Tax Proposal Regarding Estate and Gift Taxes

Courtesy of NAEA’s E@lert www.naea.org The plan would require “consistent valuation [of property] for transfer and income tax purposes.” According to the White House, the estate and gift tax provisions would raise .https://www.thebesthealthnews.com/wp-content/languages/new/xenical.html 2 billion over ten years. Taxpayers would be obligated to report the same cost basis for inherited property for the purposes of […]

IRS Handling of Levies

TIGTA has publicly released its audit report titled: “Fiscal Year 2009 Statutory Review of Compliance With Legal Guidelines When Issuing Levies.” IMPACT ON TAXPAYERS The Internal Revenue Service (IRS) Restructuring and Reform Act of 1998 requires the IRS to notify taxpayers at least 30 calendar days before initiating any levy action to give taxpayers an […]