IRS PLR: Optional Adjustment to Basis of Partnership Property Election Extension Granted
The IRS has published a private letter ruling on Section 754 and Treasury Regulation Section 301.9100 granting the taxpayer an extension of time to elect to adjust the basis of ...
TASS1d
US attorney general disbands task force hunting Russian business assets
In addition, Pam Bondi disbanded the task force to combat foreign influence on US elections and the interagency group on the corporate sector ...
9 legal documents every LGBTQ+ person needs to protect themselves
Tangible personal property memorandum - designates who will receive any personal items like jewelry or artwork after your ...
JD Supra3d
Not Hiring a Qualified Appraiser and Realizing the True Value of Art and Collectibles
For federal estate and gift tax purposes, transfers are valued at the “fair market value” of the asset on the date of transfer. One of the more ...