Newsletters

Steve Leimberg Reviews of Eric Green's Tax Trilogy: The Accountant's Guide to Resolving Tax Debts, The Accountant's Guide to Resolving Payroll Taxes and Personal Liability and The Accountant's Guide to IRS Collections Steve Leimberg's Income Tax Planning Newsletter Issue:211    04-Mar-21

Mary E. Vandenack: The Evolution of Innovation, Technology and Estate Planning - Moving Toward a Concierge Practice Steve Leimberg's Estate Planning Newsletter Issue:2867    02-Mar-21

Richard L. Fox and Jonathan G. Blattmachr on Estate of Miriam M. Warne Steve Leimberg's Charitable Planning Newsletter Issue:306    01-Mar-21

Finance 2.27.2021 Bob LeClair's Finance and Markets Newsletter Issue:1092    28-Feb-21

Steve Leimberg: Review of Steven Siegel's UNDERSTANDING THE FEDERAL GIFT TAX Steve Leimberg's Estate Planning Newsletter Issue:2866    25-Feb-21

Chris Mercer on Blake B. Hartman v. BigInch Fabricators & Construction Holding Company, Inc. - Indiana Supreme Court Affirms the Words on the Page of a Mandatory Buyout Provision Steve Leimberg's Business Entities Newsletter Issue:222    23-Feb-21

Actual Text

H.R. 1319 American Rescue Plan Act of 2021
updated:05-Mar-21

PLR 202108005 (21 July 2020) IRS Addresses Income, Gift, Estate, GSTT Issues Related to Trust Modifications
updated:05-Mar-21

Duane Pankratz v. Commissioner, No. 21255-13; No. 27239-13, T.C. Memo. 2021-26 (3 March 2021) Tax Court Denies Charitable Deduction for Interest in Oil and Gas Fields
updated:04-Mar-21

In Re Trust Created by McGregor, 308 Neb. 405 (12 February 2021) Nebraska Supreme Court Invalidates Nonjudicial Settlement Agreement
updated:04-Mar-21

Luke Joseph Chiarelli v. Commissioner, No. 452-16; No. 2115-18, T.C. Memo. 2021-27 (3 March 2021) Tax Court Denies Deductions for Unsubstantiated Charitable Contributions
updated:04-Mar-21

PLR 202108006 (31 July 2020) IRS Addresses Tax Implications of Trust Modifications
updated:03-Mar-21

Instant Audio and Podcasts

60 Second Planner

Nebraska Supreme Court Invalidates Nonjudicial Settlement Agreement
updated:03-Mar-21

PLR 202108001: Trust Modification Won't Cause Adverse Tax Consequences
updated:02-Mar-21

Extension of Time to Elect Portability
updated:26-Feb-21

Podcasts

Bob Keebler, Mary O'Reilly, and Stephen Breitstone on the Grantor Retained Interest Partnership
updated:04-Dec-20

Bob Keebler and Paul Lee on Capital Gain Planning in 2020
updated:14-Nov-20

Keebler on 2020 Year-End Tax Planning
updated:13-Aug-20

Keebler and Blattmachr on the Basis of IDGT Assets at Death
updated:25-Jul-20

Video Podcast: Keebler and Shenkman on the PPP Flexibility Act
updated:05-Jun-20

Bob Keebler and Chris Hesse on IRC Section 461(l) and the CARES Act
updated:16-May-20

Bob Keebler and Mark Fichtenbaum: Tax Planning in a Volatile Market with Low Interest Rates
updated:06-May-20

Keebler on Roth Conversions in a Volatile Market
updated:25-Apr-20

BlogWatch

The IRS Paid $3 Billion In Interest To Taxpayers Because It Failed To Get Refunds Out On Time
04-Mar-21

Using Probability-Of-Success-Driven Guardrails To Manage Safe Retirement Spending
03-Mar-21

Opinion: DAF Numbers Obscure Who’s Giving and How Much
03-Mar-21

The Oregon Stimulus Taxation Twist
03-Mar-21

TIGTA on Unrelated Business Income Tax Enforcement
03-Mar-21

IRS Rules On Crypto Reporting Just Got Even More Confusing
02-Mar-21

Strategies for Taking Required Minimum Distributions
02-Mar-21

NY Times: Warren Revives Wealth Tax, Citing Pandemic Inequalities
02-Mar-21

Did the Texas Legislature Create a Back Door for the Creation of a Self-Settled Asset Protection Trust?
02-Mar-21

Journals
(Due to Copyright Restrictions, LISI is not able to provide Reprints of these articles)

Finding a Fix for Powell
Jonathan G. Blattmachr, Mitchell M. Gans, and Elizabeth T. Pierson - Estate Planning

Selected Issues Associated With Like-Kind Exchanges
Roger McEowen - Estate Planning

Estate Planning Considerations for Global Families
Gilda Almeida - Estate Planning

Taxpayers Die but Their International Penalties Live On
Hale E. Sheppard - Estate Planning

Planning With SPAC Securities
Espen Robak - Trusts & Estates

Web Links

The 2020 DAF Report -- NPT
National Philanthropic Trust's 2020 DONOR-ADVISED FUND REPORT examines 2015 through 2019 fiscal year data from 993 charities. For the tenth consecutive year, there was growth in donor-advised funds (DAFs) in every key metric.

AICPA Comment Letter -- IRS Estate Tax Closing Letter Proposed Regulations
AICPA comments on REG-114615-16 suggest procedures to allow an executor to request a closing letter and pay the required fee at the time the estate tax return is filed.

Obstacles Exist in Detecting Noncompliance of Tax-Exempt Organizations -- TIGTA
Report from the Treasury Inspector General for Tax Administration (TIGTA) describes challenges faced by the IRS is identifying and preventing abusive schemes in the nonprofit sector. February 17, 2021. PDF, 23 pp.

2020 IRS Publication 17 -- Your Federal Income Tax
Publication 17 covers the general rules for filing a federal income tax return. It explains the tax law to make sure you pay only the tax you owe and no more. This page from the IRS website contains a link to the most recent revision of Publication 17, released February 11, 2021.

Plan Design During Challenging Times: 7 Actionable Insights from Behavioral Finance
This whitepaper from Voya Financial proposes changes to plan design that can boost savings once the economy recovers. PDF, 12 pp. February, 2021.