Nicole R. Searing Associate

Over the past several years, the U.S. Department of the Treasury has been preparing guidance concerning donor-advised funds, which are accounts owned and controlled by public charities over which individual or corporate donors may exercise advisory privileges. In November, Treasury finally released the first of four pieces of guidance that it has told practitioners to expect.

A Q&A guide to Washington laws on estate taxation of transfers at death.

Between March 17 and April 9, 2020, the U.S. Department of Treasury and the IRS issued a series of notices automatically extending to July 15 the deadline for the filing of all federal income and gift tax returns and all federal estate tax returns due on or after April 1, payment of all federal income, gift, and generation-skipping transfer (GST) tax in respect of the 2019 taxable year, and payment of all federal estate tax and estimated federal income tax for the 2020 taxable year otherwise due on or after April 1, 2020, and before July 15, 2020.