As expected the IRS issued proposed regulations last week that reduced or eliminated the benefit of any contribution designed to expand the personal tax deduction beyond the current $10,000 limit.
This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.
Want to learn more? Complete the form below and we'll be in touch. If you are unable to see the form below, please complete your submission here.Contact us