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IRS Working to Issue Final Rules on Estate-Tax Projects

Jan. 25, 2023, 5:39 PM

The IRS is working to issue final regulations “as soon as possible” on three estate-tax items where proposed regulations were released last year, an agency official said Wednesday.

“We’re really putting a lot of time and effort into finalizing these regulations as soon as possible,” said Melissa Liquerman from the IRS Office of Chief Counsel, at a District of Columbia Bar tax conference.

  • The IRS issued proposed rules in April 2022 on when certain large gifts won’t benefit from the temporarily higher estate-tax exemption amount in the 2017 tax law; in May 2022 on the use of actuarial tables in ...