IRS Announces Intention to Issue Proposed Regulations Governing Reporting Obligations for Life Insurance Transfers and Delays the Effective Date of the Obligations. Fifth Circuit Appeals Court Vacates DOL Fiduciary Rule as Beyond the Department's Authority. IRS Limits Application of GSTT Exemption to Gift Due to Differences Between Gift and GSTT Law. Development Denied Charitable Conservation Easement Deduction Due to Impermissible Benefit to Land Donor. Failed Rollover From a Disqualified IRA Is Not Subject to Tax or Penalties. View the issue.