CharitablePlanning.com

Close
Select a date
Please wait ...
Close

What is CharitablePlanning.com?

CharitablePlanning.com is an online tool for planning professionals seeking to manage their research, save time and make educated decisions. In addition to a fully searchable library, useful calculations and personal file management, subscriptions include daily commentary from our team of experts on important events, as well as access to the definitive Handbook on the field of Charitable Planning.

Subscribe Now
7-day trial
Learn More

Recent Commentary RSS Feed

PLR 201437004 - Required Payments to Foundation Deductible as Business Expenses

Monday, September 15, 2014

In PLR 201437004, the Service ruled payments an enterprise was required to make to a foundation as a condition of state licensing were deductible, not as charitable contributions, but as ordinary and necessary business expenses.

PLR 201437029 - Salvaging a Failed IRA Beneficiary Designation

Monday, September 15, 2014

In PLR 201437029, the Service ruled a surviving spouse would be permitted to roll her deceased husband's IRA over to her own IRA, despite the fact there was no beneficiary designation and the default payee was the decedent's estate.

Consolidated Estate and Tax Planning Update

Monday, September 15, 2014

At times, IRS issues rulings that are important to some charitable planners who also work in the estate planning and related tax planning fields. For those individuals, we include in this current event a listing that consolidates several rulings of potential interest. More information about these consolidated rulings, including the text, summary, extended summary, and commentary (as the case may be), is available for review through the links.

Two PLRs Allow Late GST Exemption Allocations

Monday, September 15, 2014

In two related rulings, PLRs 201437001 and 201437003, the Service allowed a husband and wife belatedly to allocate GST exemption to separate transfers to an irrevocable trust with skip potential.

PLR 201437009 - Inadvertent Termination of S Election

Monday, September 15, 2014

In PLR 201437009, the Service granted inadvertent termination relief to an S corporation where timely QSST elections were not made following the deaths of each of two shareholders and distributions were mistakenly made from an otherwise qualifying trust to non-beneficiaries.

More Recent Commentary

Content provided by CharitablePlanning.com in conjunction with Kallina & Associates, LLC

Support

If you encounter problems when using this website, or when the website does not function as you would expect, please contact our support team: support@charitableplanning.com.

Legal

Questions related to our terms of use, privacy policy, copyright or other such legal matters should be directed to our legal team: legal@charitableplanning.com.

Feedback

If you have comments about the website or our commentary, or if you have suggestions on how we can better serve you, please use our Feedback Form.

© 2006-2014, CPC Holdings, LLC