Cozen O’Connor: IRS mulls rules for estates and trusts after tax law

IRS mulls rules for estates and trusts after tax law

Thursday, July 26, 2018

Amanda DiChello, a member of Cozen O’Connor’s Private Client Services Practice, discusses the IRS and the Treasury’s plan to issue regulations around estates and non-grantor trusts under the new tax code in Accounting Today. The regulations are intended to provide clarifications on the deductibility of expenses for estates and trusts in the wake of the Tax Cuts and Jobs Act.

“The big concern was that everybody thought that these miscellaneous itemized deductions were no longer deductible, and that the change in the Tax Code was going to prevent the deductibility of those for individuals,” Amanda said.

To read the full article, click here

Contacts

Amanda DiChello

Member

adichello@cozen.com

(215) 665-4664

People

Related Practice Areas