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King Washington Form Instructions 706: What You Should Know
I am writing in regard to the extension request I received from the Department of Treasury. I have reviewed your comments and would like to share them with you, in an effort to understand what the department was seeking. Furthermore, I am pleased to share with you that the department has been able to extend the due dates for the filers of the following returns, in regard to the due dates established under the Tax Relief and Health Care for the Elderly Act of 2025 (the “Act”) which have been in effect since the beginning of a new calendar year: The extension is effective as of December 1, 2013, For 2025 tax returns: December 4, 2013, December 4, 2014, December 8-December 22, 2025 December 21, 2013, For all other Tax Return, due dates. We are aware that you may have questions regarding your extensions. I want to assure you that the department is committed to providing you with the information and assistance you require in order to understand how to apply the Act for your situation. Thank you for your support. Sincerely, Michael F. Schulman, Esq. President and Chief Counsel The above e-mails from the IRS have been confirmed. On October 31, 2010, the IRS released new rules for how federal estate tax filers prepare and submit their forms. The changes were intended to help federal estate tax filers prepare their returns and to minimize the delays caused by delays in processing. The new rules apply to all federal estates—including nontaxable trusts—that are equal to or more than 5.49 million. If you've done a lot of writing about tax and estate planning over the years (and even if you haven't) you are probably familiar with the estate tax. That's right—the estate tax is a tax that can apply to people who have died. It is the tax that we pay when someone who is at least age 70-1/2 leaves a spouse, executor, or administrator with more than 5.49 million in property. In 2010, when I wrote my blog post, Estate Tax: Don't Panic, a reader emailed me. He was a couple of lifetimes ahead of me in tax planning and realized that his wife would be leaving 3 million to his kids. Unfortunately, that's not all that's in the will: He writes in his email: For my 3 million I would expect my kids to inherit the family home valued at 100 million.
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