As a follow-up to its prior announcement that the April 15 income tax filing deadline is extended to July 15 due to the COVID-19 pandemic, the Treasury Department has announced
Continue Reading IRS Postpones Gift Tax Filing Deadline to July 15, 2020 Due to COVID-19 Pandemic
Federal Gift Tax
The Federal Gift (Tax) That Keeps On Giving
By Matthew D. Lee on
Our colleagues Melissa A. Terranova and Eric Sorkin have published a client alert about recently-issued Internal Revenue Service proposed regulations that would allow estates to leverage favorable gift exclusion amounts…
Continue Reading The Federal Gift (Tax) That Keeps On Giving