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News

The Tax Adviser
thetaxadviser.com > issues > 2026 > apr > a-case-study-on-ilits-what-went-wrong-how-to-fix-it-and-best-practices-for-prevention

A case study on ILITs: What went wrong, how to fix it, and best practices for prevention

4+ mon, 1+ week ago   (21+ words) In estate planning, taxpayers and their advisers may overlook the potential generation-skipping transfer tax implications of irrevocable life insurance trusts....

Accounting Today
accountingtoday.com > news > irs-offers-guidance-on-recovering-dyed-fuel-excise-taxes

IRS offers guidance on recovering dyed fuel excise taxes

4+ mon, 1+ week ago   (288+ words) The Internal Revenue Service and the Treasury Department posted temporary regulations and a notice of proposed rulemaking Thursday outlining a new way to recover federal excise taxes paid on dyed fuel under the One Big Beautiful Bill Act. The temporary…...