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2021 Gifts – Buyer beware of the risk of retroactivity

2021 Gifts – Buyer beware of the risk of retroactivity

From retroactivity to loss of planning techniques, this year we face a unique set of concerns when considering gift and estate planning.
IRS releases final 199A regulations for co-ops and their patrons

IRS releases final 199A regulations for co-ops and their patrons

Final regulations on the section 199A deduction and the DPAD for certain specified co-ops closely mirror guidance in proposed regulations.