Our latest tax letter, this time detailing the recent developments regarding Form 8939 and the estate tax, is now online.
IRS Finally Sets Due Date for Form 8939 and Issues Revised 706
This complementary download should be considered alongside Notice 2011-66 (which provides guidance for executors of estates of decedents who died in 2010 regarding the time and manner of choosing to opt out of the estate tax and have the carryover basis rules apply), and Revenue Procedure 2011-41 (which provides safe harbor guidance regarding property acquired from estates of decedents who died in 2010).
Mr. Perkins has been practicing as a transactional attorney for over twenty-five years.
He is a principal shareholder in the firm and also a member of the faculty of the Graduate Tax Program of the Villanova Law School. Mr. Perkins has taken his knowledge of tax online and is the founder and president of YourOnlineProfessor.net, a Web-based provider of CPE credit for CPAs.
Areas of Expertise: Business Transactions, Real Estate, Estate Planning, Estate Administration, Tax Controversy, Commercial Litigation, Legal Malpractice, Accounting Malpractice, Orphans Court Representation Civil Appellate, Personal Injury
