Section 6050Y Final Regulations Give More Time to Comply
![Section 6050Y Final Regulations Give More Time to Comply](/media/2304/irs-announces-section-6050y-final-regulations.jpg?anchor=center&mode=crop&width=1024&height=576&rnd=132168389830000000)
Last Friday, the Internal Revenue Service announced that it has filed for publication the final regulations for section 6050Y: "Information Reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules."…
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