(212) 736-0055

Schedule Your Small Business Success Consultation

Archive for July 15th, 2021

Home \ 2021 \ July (Page 2)
tzanata

Marriage Was Valid for Estate Tax Purposes

Marriage Was Valid for Estate Tax Purposes An estate was allowed a marital deduction because the decedent’s marriage was valid in the country of celebration. The decedent, who was Jewish, obtained a religious divorce under rabbinical law in New York from his first wife after a New York court had declared his Mexican divorce invalid, […]

Read more
tzanata

BEAT QDP Reporting Requirement Deferred

BEAT QDP Reporting Requirement Deferred The Treasury Department and the IRS have announced that they intend to amend the base erosion and anti-abuse tax (BEAT) regulations under Code Sec. 59A and Code Sec. 6038A to defer the information reporting requirements for qualified derivative payments (QDPs) until tax years beginning on or after January 1, 2023. The current regulations provide […]

Read more

© Presti & Naegele Accounting Offices