Final Regulations on QDOTs Issued (TD 10050)
Final regulations under Code Sec. 2056A have been adopted, applicable specifically to the estates of decedents that are passing property in a qualified domestic trust (QDOT) to (or for the benefit o...
ME - Summary of enacted legislation issued
Maine Revenue Services has issued a summary of legislation enacted during the 2026 Legislative Session. 2026 Legislation Enacted, Maine Revenue Services, June 15, 2026...
NY - Deficiency notice not supported by evidence
Taxpayers successfully challenged a New York personal income tax deficiency notice that included certain unemployment compensation in their income. The facts in evidence rebutted the presumption of co...
RI - Certain farmers will be exempt from tax
Effective July 1, 2027, certain urban and small farmers are exempt from Rhode Island personal income, sales, and property taxes. A "small farmer" is a farmer engaged in agricultural operations on fewe...