Free Site Registration

Email This Article

IRS Issues Final Rules on Deducting Costs of Estates and Trusts

Michael Cohn

The Internal Revenue Service has published final regulations to provide guidance on which costs incurred by estates or trusts other than grantor trusts are subject to a 2 percent floor for miscellaneous itemized deductions.

Login for Registered Users:

Log in below to email an article:

Follow Accounting Today