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Posts Tagged ‘Estate Tax Value’

Basis Consistency is here; Form 8971 Reporting Requirements are Fast Approaching

Published: February 23rd, 2016

By: Kyle C. Griffin

On July 31, 2015, the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (the “Act”) was signed into law. Sections 2004 and 2005 of the Act included a number of new tax provisions requiring consistent basis reporting between an estate and persons acquiring property from a decedent. These provisions were made effective […]