CEPA Badge
Certified Valuation Analyst
National Association of Certified Valuators and Analysts
Exit Planning Institute

Articles Posted in Estate Planning; Business Valuation

Tax Court Business Transfer Case: Questionable Timing of Transaction Results in Penalty
Jay McDaniel

Case Overview: The Tax Court examined a series of business transfers with suspect timing. Key Findings: Transfers were deemed invalid due to lack of legitimate business purpose. Implications: Highlights the importance of proper documentation and clear intent in business transactions. Recommendations: Business owners should consult legal advisors to ensure compliance and avoid similar pitfalls. Transfers…

Continue reading ›

Contact Us Now

jay-mcdaniel-images.jpg

Call Us (201) 682-4385