Will Taxpayers Ante Up to Participate in Round Two?: The IRS Offers a New Voluntary Disclosure ProgramBy: Kevin E. Packman, Holland & Knight LLPOn February 8, 2011, the IRS announced the creation of a second voluntary disclosure program for taxpayers...
March 2011 Archives
The Perils of PortabilityRobert L. Moshman, Esq.I don't keep much stuff aroundI value my portabilitybut I will say that I have savedevery letter you ever wrote to me--"Soft Shoulder" by Ani DiFranco Portability of a decedent's estate tax exclusion amount to...
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Religious Estate PlanningBy: Martin M. ShenkmanSummary: Estate planning should be a holistic multi-disciplinary process that addresses all of your important goals. Here's a general list of concepts to begin the process:Religion Counts: According to many surveys, 95+ percent of Americans believe...
A New Perspective on Employee Stock Ownership PlansUsing ESOPs for inter-generational estate plansBy George G. Cassiere, ASA, CFA &Brian A. Eagle, J.D.IntroductionThe authors of this article have collectively implemented over 200 Employee Stock Ownership Plan ("ESOP") transactions and hundreds of...
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Charging Order Protection for Florida Limited Liability Companies after OlmsteadBy: Ryland F. Mahathey and Sarah A. Schelling of Redgrave and Rosenthal, LLPOn June 24, 2010, the Florida Supreme Court issued a much anticipated decision in the case of Shaun Olmstead,...
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DCF Valuation Scuttled by Unsound Underlying ProjectionBy: Hempstead & Co., Inc.A new Delaware case illustrates again that the Discounted Cash Flow approach seems to be the favored valuation method in the Delaware courts. It also shows, however, that for...
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In Estate of Adler, Section 2036 Trumps Fractional Interest DiscountsBy: Ori Bash, ASA of Pluris Valuation AdvisorsIn Adler v. Comm'r, TC Memo 2011-28, the IRS prevailed in a Section 2036 attack, and eliminated fractional interest discounts applied to an estate...
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Tax Relief Act Extends IRA Owners' Opportunity to Make Tax-Advantaged Direct Gifts to CharityBy: Richard Sills, Holland & Knight, LLP[Editor's Note: The following article was first published on the Holland & Knight, LLP website and has been re-published here with...