"The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for someone who’s deceased or incarcerated should return the money but left open the question of how the agency would enforce that."
IRS tells family members of deceased to return stimulus money
The Internal Revenue Service said individuals who got a $1,200 stimulus payment intended for someone who’s deceased or incarcerated should retur...
Q: What happens with stimulus payment issued to a deceased individual?
IRS: Hmmmm, good question. Let me get back to you on that.
IRS sends coronavirus stimulus checks to dead people
The Internal Revenue Service inadvertently deposited some of the coronavirus stimulus payments into the accounts of deceased Americans.
Had my first Cook County probate court video hearing this morning (currently only for "emergency" matters). Sure would be nice to have this option going forward for all matters except for hearings requiring witnesses.
IRS Notice 2020-23 provides broad deadline relief postponing most tax filings and payments, including estate tax, until July 15.
IRS grants broad coronavirus-related tax relief
The IRS granted relief for a broad array of tax filing and payment deadlines that fall between April 1 and July 15, expanding on previous relief, as r...
I am here for my estate planning and probate clients. While I intend to keep regular business hours, you can always call me and leave a message. I receive voicemails via email, so I will call you back from home if needed. Much work can be accomplished via phone, email, web, etc.
Federal Estate, Gift & GST Exemption:
2018-2025: $11.18 million (inflation-indexed after 2018)
2026: $5+ million (plus inflation-indexed)
Illinois Estate Tax:
2018 & after: $4 million (not inflation-indexed & not portable b/w spouses)
Annual Gift Tax Exemption 2018: $15,000
Had a blast today at the Palatine Hills Golf Classic for SLSF benefiting @NWSRA.