The United States Tax Court recently decided a case where the issue was the role that a tax return due to the decedent played in overall estate tax liability. The Estate of Russell Badgett, Jr. et al v. Commissioner, T.C. Memo 2015-226 (Nov. 24, 2015) dealt with a very large…
PROPOSED RULE FOR INVESTMENT PROFESSIONALS On April 20, 2015 the Department of Labor officially published a proposed rule change in the federal register. To put the matter in dollars and cents is approximately $17 billion dollars per year, according to one estimate by the White House council of economic advisors.…