What Happens If Crummey Letters Are Not Sent: Tax Risks and Fixes
Learn what happens if Crummey letters are not sent, from the gift-tax and reporting fallout to trustee exposure and the steps that can restore compliance.
Haven’t Filed Taxes in 5 Years? Here’s What to Do
Learn how to catch up when you haven't filed taxes in 5 years, from filing back returns and handling penalties to resolving what you owe with the IRS.
What Happens to an IDGT When the Grantor Dies?
Learn what happens to an IDGT when the grantor dies, from the shift in tax status and basis treatment to the successor trustee's role going forward.
Filing Taxes After Incarceration: Missed Returns, Credits, and Refunds
Learn how filing taxes after incarceration works, from figuring out which missed years to file and claiming refund-generating credits to handling anything you owe.
Do Companies Get Tax Breaks for Hiring Disabled Veterans?
Learn how tax breaks for hiring disabled veterans work, from eligibility and claiming the federal credit to state-level incentives and program status.
Can a Trust Be a Beneficiary of a CD: FDIC Coverage and Taxes
Learn how a trust can be a beneficiary of a CD, from structuring the arrangement and bank documentation to FDIC coverage and how the interest is taxed.
Can You Discharge Property Taxes in Chapter 7 Bankruptcy?
Learn how discharging property taxes in Chapter 7 bankruptcy works, from timing rules and disqualifying conduct to surviving liens and alternative relief.
Payments in Lieu of Taxes: Federal, Nonprofit, and Development PILOTs
Learn how payments in lieu of taxes work, from federal payments covering public lands to nonprofit and development deals with local governments.
How Can I Get My EIN Number Back If I Forgot It?
Learn how to find your EIN number when you've misplaced it, from checking existing records to contacting the IRS for verbal or written confirmation.
Is Jewelry an Asset? Divorce, Taxes, and Estate Rules
Learn how the law treats jewelry as an asset, from divorce and tax questions to estate planning, bankruptcy disclosures, and insurance considerations.