On Oct. 4, the Internal Revenue Service posted final Form 706 for individuals dying in 2012. It posted final updated instructions on Oct. 12. Here’s an overview of the new form and instructions and ...

The Internal Revenue Service has recently released a draft of instructions for Form 706 concerning estates of decedents who died after Dec. 31, 2015. These draft instructions include reminders on ...

When someone passes away, what the person passes down to his or her beneficiaries may be subject to federal estate taxes. If the decedent "skips" a generation in passing along assets then it may ...

The American Institute of CPAs (AICPA), provided the Department of the Treasury and the Internal Revenue Service (IRS) issues and recommendations for improvements to the Form 706-GS(D-1), Notification ...

Bloomberg Tax Estate and Gift Tax 706 Preparer automates IRS Form 706 preparation, including amended returns. IRS forms and schedules supported in the application include IRS Form 706, Form 8971, and ...