Rodney D. Chrisman has posted the abstract from an article titled "LLCs are the New King of the Hill: An Empirical Study of the Number of New LLCs, Corporations, and LPs formed in the United States between 2004-2007 and How...
Recently in Business Succession + Closely Held Businesses Category
In a letter published by Tax Analysts, Chuck Marr and Gillian Brunet respond to criticisms raised by Christopher Hesse in a letter appearing in Tax Analysts on January 4, 2010. Marr and Brunet reassert their contention that the expiration of the federal estate...
Continue reading "Letter to the Editor: Authors of CBPP Report Refute Critic's Claim"
Meg Shreve of Tax Analysts reports on the agricultural lobbyists seeking an exemption for farm and ranch land fom the estate tax: Extension of current law isn't good enough," said Patricia Wolff, director of public policy for the American Farm...
Continue reading "Agriculture Lobbyists Seek Exemption for Farm and Ranch Land From Estate Tax"
Tax Notes has published IRS e-mailed advice that gave guidance on section 6166 passive asset determination, concluding that money owed by a decedent's son's company to the decedent's company and that was still unpaid for 10 to 15 years is...
The following advice comes from Ginsberg & Helfer, PLLC, Certified Public Accountants & Management Consultants.This year, as a result of the recession and general economic challenges, companies and organizations are more likely to fall victim to crime; whether it be...
Continue reading "Closely Held Businesses: Internal Controls in Tough Economic Times"