Press Release

Revenue Ruling 2023-02

May 2, 2023

IRS Rules Against A Tax Tactic For Irrevocable Grantor Trusts

Revenue Ruling 2023-02 provides important guidance on the tax treatment of certain transactions, clarifying the rules and regulations for taxpayers. Senior Financial Planner, Thomas Pontius discusses the ruling and how it will impact affected wealthy clients and their estates. He shares with Financial Advisor Magazine how he is advising such clients.

Read Thomas’s insights:

Learn about KAR’s tax planning services or contact our office.


The information provided here should not be considered legal or tax advice and all investors should consult their legal and/or tax professional about the specifics of their own legal and tax situation to determine any proper course of action for them. KAR does not provide legal or tax advice and nothing herein should be construed as legal or tax advice, and information presented here may not be true or applicable for all legal and income tax situations. Tax laws can and frequently do change, and KAR does not undertake to update this should any changes occur. 


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