On Jan. 29, 2015, the Internal Revenue Service released the much-anticipated final version of Form 8971, “Information Regarding Beneficiaries Acquiring Property From a Decedent,” and its instructions, ...
The IRS announced that it is delaying the deadline for filing Form 8971, Information Regarding Beneficiaries Acquiring Property From a Decedent, until June 30, 2016 (Notice 2016-27). The latest delay ...
IMGCAP(1)]Many CPAs are involved with estate planning and need to determine the assets and liabilities of a client. Clients often create limited liability companies for tax and creditor rights ...
Update: In this notice, the IRS has extended the March 31, 2016 deadline to June 30, 2016. Imagine getting an IRS form listing $10 million worth of property that was your late great uncle’s. At the ...
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