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Survey Says – No Discount For Family Limited Partnership

Survey Says – No Discount For Family Limited Partnership

Originally published on Passive Activities and Other Oxyomorons on December 13, 2010 _________________________________________________________________ LEVY v. U.S., Cite as 106 AFTR 2d 2010-7205, 12/01/2010 Sometime in the last millennium there was a TV situation...
And Go Down in Flames

And Go Down in Flames

Originally published on Passive Activities and Other Oxymorons on December 10, 2010. ______________________________________________________ Robert B. McGhee v. Commissioner, TC Memo 2010-259 If you travel the tax blogosphere a bit you will find that many tax bloggers...
Ripped From the Headlines

Ripped From the Headlines

D.N. v. U.S., Cite as 106 AFTR 2d 2010-7126, 11/22/2010 The thing about my profession is that you can take the most tragic set of circumstances and see it as an opportunity for tax savings.  D.N is a minor child who is receiving his deceased father’s 401(k). ...
Nothing From Nothing Is Nothing

Nothing From Nothing Is Nothing

Originally published on Passive Activities and Other Oxymorons on December 6, 2010. CCA 201047021 This one is of somewhat limited interest and difficult to bring to any length so I’m making it a bonus post.  When someone dies their tax carryovers, capital loss...