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Jay D. Adkisson
Steve R. Akers
Ronald D. Aucutt
Susan Bart
Jeff Baskies
Frank S. Berall
Alexander A. Bove Jr.
Jonathan Blattmachr
Lawrence Brody
Carol Ann Cantrell
April K. Caudill
Natalie Choate
Virginia F. Coleman
Andrew J. DeMaio
Joan B. Di Cola
Dan Evans
Gary L. Flotron
Richard L. Fox
Mitchell M. Gans
Alan S. Gassman
Wendy S. Goffe
Jonathan E. Gopman
Steven B. Gorin
Ellen Harrison
Jason E. Havens
Johnine Hays
L Paul Hood
Laura Howell-Smith
Michael J. Jones
James M. Kane
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David Pratt
Charles L. Ratner
Gideon Rothschild
Charles (Chuck) Rubin
Keith Schiller
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Martin M. Shenkman
Ed Slott
Marc Soss
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You are on the home page for Leimberg Information Services, Inc. We provide Estate Planning, Employee Benefits and Retirement Planning, Business Entities, Asset Protection Planning, Financial Planning and Charitable Planning Newsletters. We also provide LawThreads®, Actual Text, State Laws, US Code Searcher, and Supersearcher tools.CLICK HERE to learn about our distinguished authors, editors and contributors.

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A Few Words of THANKS Steve Leimberg's Estate Planning Newsletter Issue:2839    23-Nov-20

Alan Gassman & Brandon Ketron on Revenue Ruling 2020-27 & Revenue Procedure 2020-51: Tax Treatment of Expenses Paid with PPP Loan Funds Steve Leimberg's Business Entities Newsletter Issue:212    22-Nov-20

Finance 11.21.2020 Bob LeClair's Finance and Markets Newsletter Issue:1078    22-Nov-20

Brandon Ketron & Alan Gassman: Necessity Questionnaire for Over $2,000,000 PPP Borrowers Causes Concern and Agitation Steve Leimberg's Business Entities Newsletter Issue:211    19-Nov-20

Evan Levine & Nainesh Shah on Estate of Aaron U. Jones: Key Business Valuation Issues Addressed by Tax Court Steve Leimberg's Estate Planning Newsletter Issue:2838    17-Nov-20

Andrew H. Weinstein and Kevin E. Packman: Refunds - Timing, Litigation, Mitigation and Equitable Relief Steve Leimberg's Income Tax Planning Newsletter Issue:207    16-Nov-20

Actual Text

PLR 202047001 (6 July 2020) S Corp Termination Was Inadvertent

Notice 2020-83, 2020-50 IRB 1 (20 November 2020) 2020 Required Amendments List for Qualified Retirement Plans and § 403(b) Retirement Plans

PLR 202047008 (26 August 2020) Group Annuity Contract Held by Trust Are Treated As Held By Natural Persons

PLR 202047005 (14 August 2020) IRS Addresses Transfer of Interest in CRAT to Private Foundation

George Fakiris v. Commissioner, No. 18292-12, T.C. Memo. 2020-157 (19 November 2020) No Valuation Needed for Incompleted Gift

Kumar Rajagopalan et ux. et al. v. Commissioner, No. 21394-11, No. 21575-11; T.C. Memo. 2020-159 (19 November 2020) Tax Court Finds Conservation Easement Valuation Was Reasonable

Instant Audio and Podcasts

60 Second Planner

Rev. Rul. 2020-27 and Rev. Proc. 2020-51 -- Guidance on PPP Loan Deductions

Rev. Rul. 2020-26 -- Interest Rates Tick Upward

The Attorney-Client Privilege in Colorado after the Client's Death


Bob Keebler and Paul Lee on Capital Gain Planning in 2020

Keebler on 2020 Year-End Tax Planning

Keebler and Blattmachr on the Basis of IDGT Assets at Death

Video Podcast: Keebler and Shenkman on the PPP Flexibility Act

Bob Keebler and Chris Hesse on IRC Section 461(l) and the CARES Act

Bob Keebler and Mark Fichtenbaum: Tax Planning in a Volatile Market with Low Interest Rates

Keebler on Roth Conversions in a Volatile Market

Bob Keebler and Ed Slott on RMDs Under the CARES Act


Rev. Proc. 2020-46: New Reason for Late Certification of Rollovers

Significant Provisions of SECURE Act 2.0

Rev. Rul. 2020-27: Business Expenses Are Not Deductible if Taxpayer Reasonably Expects PPP Loan Forgiveness

Why I Hate PPP Loans

COVID-19 is Triggering More End-of-life Planning – and Young People Want In on the Discussions

IRS to Offer Digital Signature Options for Form 2848 and Form 8821

Quiz: Are You Ready for Year-end Planning During a Pandemic?

Padda: While Running Medical Practice, Physician Materially Participated in Restaurant Businesses

Liao (TC Order): Estate's Sale of Stock Had Substance; Beneficiaries Have No Transferee Liability

(Due to Copyright Restrictions, LISI is not able to provide Reprints of these articles)

Life Insurance: What Attorneys and Trustees Should Know
Bruce A. Tannahill and Melisa Seyhun - Probate & Property

Reimagining the GST Tax
Kevin G. Bender - Probate & Property

It’s a Tough Year for Year-End Tax Planning
Dave Strausfeld - Journal of Accountancy

Preserving the Artistic Afterlife: The Challenges in Fulfilling Testator Wishes in Art-Rich, Cash-Poor Estates
Hannah K. Feldman - Fordham Intellectual Property, Media, & Entertainment Law Journal

Post-Pandemic Wills
Bridget J. Crawford, Kelly Purser and Tina Cockburn - University of Chicago Legal Forum

Web Links

The Role of Defined Benefit and Defined Contribution Plans in the Distribution of Family Wealth
Slides from a presentation to the National Tax Association’s 113th Annual Conference, November 18, 2020. The researchers addressed the following questions: How is family wealth in the form of employer-sponsored defined benefit (DB) and defined contribution (DC) plans distributed? How did the distribution of retirement assets change between 1989 and 2019, and how did it change for families with various socioeconomic characteristics? How did the phaseout of DB plans affect the concentration of family wealth? How sensitive are the estimates of wealth concentration to different inputs into the imputation of DB wealth?

Chart: 2021 Estate and Gift Tax for Non-US Citizens
This chart from Probate Stars lists the 2021 U.S. exemptions, exclusions and rates for gifts and transfers at death to and from green card holders and nonresident aliens. November, 2020.

Keebler on The State of the Election and What it Means for Financial Planning
In this podcast recorded at 6:30 pm ET on Wednesday, November 4th, Bob Keebler walks you through the latest with the election results and what to expect next. With former Vice President Biden getting close to the 270 electoral votes needed to win, Bob shares insights on what to be thinking about for year-end planning. A link to this podcast is provided courtesy of the American Institute of Certified Public Accountants (AICPA)

COVID-19 Business Tax Relief Tool -- IRS TAS
This online tool from the Taxpayer Advocate Service helps you determine if you or your business is likely to qualify for one or more of the tax relief options currently available.

ESG Investing and Public Pensions: An Update
Report from the Center for Retirement Research at Boston College. The brief’s key findings include: ESG investing is based on the notion that taking account of non-financial factors will lead to better investment outcomes. Some also believe ESG investing can further socially beneficial practices. The evidence suggests, however, that social investing: 1) yields lower returns; and 2) is not effective at achieving social goals.Hence, any form of social investing is not appropriate for public pension funds. October, 2020. PDF, 15 pp.

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