Select a date
Please wait ...

What is 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

Revocations and Rejections

Tuesday, March 3, 2015

Among this week's release of private letter rulings were one rejection letter, PLR 201509039, and two revocations, PLRs 201509040 and 201509041.

Seventeen PLRs Approve Transaction with Beneficiary of GST-Exempt Trusts

Monday, March 2, 2015

In seventeen identical letter rulings, PLRs 201509002 through 201509018, the Service determined the proposed sale by two trusts of farmland to a beneficiary would not cause either trust to lose its GST-exempt status, nor trigger any gift tax or estate tax consequences.

Twenty-Three Scholarship Exception Rulings

Monday, March 2, 2015

In each of 23 rulings, PLRs 201509042 through 201509064, the Service determined a private foundation's grants to individuals would fall within the scholarship exception to the general prohibition against taxable expenditures.

2012 Tax Filings Reflect Minor Collection of Excise Taxes

Friday, February 27, 2015

Rates, Tables & Statistics

Data posted by the Statistics of Income Division at IRS on Form 4720 filings for calendar 2012 show a continuing downward trend in the number of returns filed, and the insignificant amount of taxes collected.

More Recent Commentary

Content provided by in conjunction with Kallina & Associates, LLC


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


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


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.

© 2006-2015, CPC Holdings, LLC