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Tax Relief Act, Reporting Requirements and Planning for use of Foreign Trust Property

  • picture of Jennie Cherry
    Jennie Cherry

The Tax Relief, Unemployment Insurance Reauthorisation and Job Creation Act 2010 was signed into law on December 17 2010. The Tax Relief Act changes the estate and gift tax laws that were scheduled to take effect as of January 1 2011. Earlier in 2010, new reporting and tax laws were enacted that will have an impact on Internal Revenue Service (IRS) filings, but for which tax advisers have no new forms or guidance. Download