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Tax Law for the Closely-Held Business

Tax Law for the Closely-Held Business. C Corp-to-S Corp: It “Pays” To Be The Last In and First Out? August 10, 2015. Posted in Federal Tax Issues. In general, a C corporation may achieve pass-through treatment for income tax purposes, without triggering immediate income or gain recognition, by electing to be treated as an S corporation. One caveat to this general rule, however, is the so-called LIFO Recapture rule. Under IRC Sec. 1363(d). However, in a recent Field Attorney Advice. Taxpayer entered into ...

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Tax Law for the Closely-Held Business | taxlawforchb.com Reviews
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Tax Law for the Closely-Held Business. C Corp-to-S Corp: It “Pays” To Be The Last In and First Out? August 10, 2015. Posted in Federal Tax Issues. In general, a C corporation may achieve pass-through treatment for income tax purposes, without triggering immediate income or gain recognition, by electing to be treated as an S corporation. One caveat to this general rule, however, is the so-called LIFO Recapture rule. Under IRC Sec. 1363(d). However, in a recent Field Attorney Advice. Taxpayer entered into ...
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Tax Law for the Closely-Held Business | taxlawforchb.com Reviews

https://taxlawforchb.com

Tax Law for the Closely-Held Business. C Corp-to-S Corp: It “Pays” To Be The Last In and First Out? August 10, 2015. Posted in Federal Tax Issues. In general, a C corporation may achieve pass-through treatment for income tax purposes, without triggering immediate income or gain recognition, by electing to be treated as an S corporation. One caveat to this general rule, however, is the so-called LIFO Recapture rule. Under IRC Sec. 1363(d). However, in a recent Field Attorney Advice. Taxpayer entered into ...

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gift tax | Tax Law for the Closely Held Business

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Tax Law for the Closely Held Business. Legal Updates and Commentary for Tax and Estate Planning. Subscribe to gift tax. Estate Planning and Sales to Grantor Trusts: Not Dead Yet. March 28, 2016. Posted in Federal Tax Issues. The owners of interests in closely-held businesses have long sought out ways by which they can remove the future appreciation of such interests from their gross estates for estate tax purposes, but without incurring gifts taxes and income taxes. The IRS Doesn’t Like It. In 2006, Dece...

2

Resources for Tax Laws | Tax Law for the Closely Held Business

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Tax Law for the Closely Held Business. Legal Updates and Commentary for Tax and Estate Planning. Please note: There is no warranty that the information, statutes and regulations on each website are updated by the website owners. Cornell University School of Law’s Legal Information Institute Internal Revenue Code. Findlaw – NY Tax Code. New York State Department of Taxation and Finance. New York State Department of Taxation and Finance Guidance, Regulations and Laws. New York State Legislature Tax Statutes.

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estate tax | Tax Law for the Closely Held Business

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Tax Law for the Closely Held Business. Legal Updates and Commentary for Tax and Estate Planning. Subscribe to estate tax. What Is It Worth? June 21, 2016. Posted in Federal Tax Issues. Is it an art or a science? Is it equal parts of art and science? Is one part weighted more than the other? Do the answers to these questions depend upon the purpose for which the appraisal is being sought? Do they depend upon who is asking the question? Yes, no, maybe, sometimes. Not very helpful, right? The Decedent’s est...

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C corps | Tax Law for the Closely Held Business

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Tax Law for the Closely Held Business. Legal Updates and Commentary for Tax and Estate Planning. Subscribe to C corps. Guaranteeing a Loan to Your IRA? By Joseph La Ferlita. May 2, 2016. Posted in Federal Tax Issues. And the 403(b) account. Taxpayers directed the IRAs to purchase shares of the newly-formed C corporation, which, in turn, purchased the existing metal fabrication business. The consideration for the business consisted, in part, of a $200,000 promissory note issued by the C corporation to...

5

Grantor Trusts | Tax Law for the Closely Held Business

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Tax Law for the Closely Held Business. Legal Updates and Commentary for Tax and Estate Planning. Subscribe to Grantor Trusts. Split-Dollar Life Insurance and Succession Planning. April 25, 2016. Posted in Federal Tax Issues. The owners of a closely-held business confront several issues upon the death of any one of them:. How will the decedent’s shares be valued? How will the decedent’s estate pay the resulting estate tax? To whom will the decedent’s shares be transferred? Decedent and her late husband st...

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Medicare | New York Health Law

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New York Health Law. 8216;Incident To’ Billing: Billing Physician as the Supervising Physician and Ancillary Personnel Requirements. By Jeffrey P. Rust. July 16, 2015. Posted in Audit and Compliance. Physicians and Other Licensed Professionals. CMS has published a Proposed Rule. To clarify how physicians are to bill for services furnished incident to the professional services of a physician. Furnished in a noninstitutional setting to noninstitutional patients. Care must be taken to ensure the supervising...

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Judge Seybert | New York Health Law

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New York Health Law. Subscribe to Judge Seybert. EDNY Judge Refuses To Unseal Grand Jury Minutes In Health Care Identity Theft Prosecution. By Kevin P. Mulry. February 10, 2015. Posted in Fraud and Abuse and Stark. Earlier this month, EDNY Judge Joanna Seybert examined the elements of Aggravated Identify Theft in an interesting context: a motion to unseal grand jury minutes in a health care fraud prosecution,. United States v. Cwibeker. This case highlights again the need for vigilance concerning patient...

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Demarest, Carolyn E. | New York Commercial Division Case Compendium

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New York Commercial Division Case Compendium. A Searchable Database of Court Decisions Issued by New York’s Commercial Division. Category Archives: Demarest, Carolyn E. Subscribe to Demarest, Carolyn E. RSS Feed. Court Stays Action, Rather Than Dismiss, Despite Simultaneous Similar Action Between Same Parties in NJ, Where Full Relief Might Not Be Afforded in NJ Action. January 26th, 2016. Demarest, Carolyn E. January 12th, 2016. Posted in Attorneys' Fees. Demarest, Carolyn E. December 15th, 2015. In an O...

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Brooklyn-based Chrysler, Dodge, Jeep, RAM (“CDJR”) Dealer’s Antitrust and Unfair Competition Claims Against other New York CJDR Dealers Dismissed for Failure to State a Claim | New York Commercial Division Case Compendium

http://www.nycommdivcompendium.com/2015/08/04/brooklyn-based-chrysler-dodge-jeep-ram-cdjr-dealers-antitrust-and-unfair-competition-claims-against-other-new-york-cjdr-dealers-dismissed-for-failure-to-state-a-claim

New York Commercial Division Case Compendium. A Searchable Database of Court Decisions Issued by New York’s Commercial Division. Demarest, Carolyn E. Brooklyn-based Chrysler, Dodge, Jeep, RAM ( CDJR ) Dealer’s Antitrust and Unfair Competition Claims Against other New York CJDR Dealers Dismissed for Failure to State a Claim. Brooklyn-based Chrysler, Dodge, Jeep, RAM ( CDJR ) Dealer’s Antitrust and Unfair Competition Claims Against other New York CJDR Dealers Dismissed for Failure to State a Claim. To brea...

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Attempts to Avoid Creditors Thwarted When Court Finds Evidence of Intent to Defraud Creditors, Granting Plaintiff Summary Judgment: All County Paving Corp. v Darren Constr. Inc. | New York Commercial Division Case Compendium

http://www.nycommdivcompendium.com/2015/08/11/attempts-to-avoid-creditors-thwarted-when-court-finds-evidence-of-intent-to-defraud-creditors-granting-plaintiff-summary-judgment-all-county-paving-corp-v-darren-constr-inc

New York Commercial Division Case Compendium. A Searchable Database of Court Decisions Issued by New York’s Commercial Division. Attempts to Avoid Creditors Thwarted When Court Finds Evidence of Intent to Defraud Creditors, Granting Plaintiff Summary Judgment: All County Paving Corp. v Darren Constr. Inc. Attempts to Avoid Creditors Thwarted When Court Finds Evidence of Intent to Defraud Creditors, Granting Plaintiff Summary Judgment: All County Paving Corp. v Darren Constr. Inc. By James M. Wicks. Secon...

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Not-for-profit | New York Commercial Division Case Compendium

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New York Commercial Division Case Compendium. A Searchable Database of Court Decisions Issued by New York’s Commercial Division. Subscribe to Not-for-profit RSS Feed. The Court Will Not Litigate the Merits of an Arbitration Award Simply Because It Believes Its Judgment Would Be a Better One. September 29th, 2015. Demarest, Carolyn E. In a July 6, 2015 Commercial Division decision by Justice Demarest, the court denied respondent’s motion to vacate an arbitration award. August 4th, 2015. Demarest, Carolyn E.

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Emerson, Elizabeth | New York Commercial Division Case Compendium

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New York Commercial Division Case Compendium. A Searchable Database of Court Decisions Issued by New York’s Commercial Division. Category Archives: Emerson, Elizabeth. Subscribe to Emerson, Elizabeth RSS Feed. The Constitutionality of a Local Zoning Law Hinges on the Resolution of Three Threshold Questions. January 26th, 2016. Posted in Declaratory Judgment. Court Finds Stock-Option Agreement Unenforceable, and Covenant-Not-to-Compete Unreasonable. December 15th, 2015. Posted in Breach of Contract. Conti...

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CMS | New York Health Law

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New York Health Law. 8216;Incident To’ Billing: Billing Physician as the Supervising Physician and Ancillary Personnel Requirements. By Jeffrey P. Rust. July 16, 2015. Posted in Audit and Compliance. Physicians and Other Licensed Professionals. CMS has published a Proposed Rule. To clarify how physicians are to bill for services furnished incident to the professional services of a physician. Furnished in a noninstitutional setting to noninstitutional patients. Care must be taken to ensure the supervising...

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'Incident To' Billing: Billing Physician as the Supervising Physician and Ancillary Personnel Requirements | New York Health Law

http://www.nyhealthlawblog.com/2015/07/16/incident-to-billing-billing-physician-as-the-supervising-physician-and-ancillary-personnel-requirements

New York Health Law. Raquo; ‘Incident To’ Billing: Billing Physician as the Supervising Physician and Ancillary Personnel Requirements. 8216;Incident To’ Billing: Billing Physician as the Supervising Physician and Ancillary Personnel Requirements. By Jeffrey P. Rust. July 16, 2015. Posted in Audit and Compliance. Physicians and Other Licensed Professionals. CMS has published a Proposed Rule. To clarify how physicians are to bill for services furnished incident to the professional services of a physician.

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Aggravated Identity Theft | New York Health Law

http://www.nyhealthlawblog.com/tag/aggravated-identity-theft

New York Health Law. Archives: Aggravated Identity Theft. Subscribe to Aggravated Identity Theft. EDNY Judge Refuses To Unseal Grand Jury Minutes In Health Care Identity Theft Prosecution. By Kevin P. Mulry. February 10, 2015. Posted in Fraud and Abuse and Stark. Earlier this month, EDNY Judge Joanna Seybert examined the elements of Aggravated Identify Theft in an interesting context: a motion to unseal grand jury minutes in a health care fraud prosecution,. United States v. Cwibeker. This case highlight...

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Tax Law for the Closely-Held Business

Tax Law for the Closely-Held Business. C Corp-to-S Corp: It “Pays” To Be The Last In and First Out? August 10, 2015. Posted in Federal Tax Issues. In general, a C corporation may achieve pass-through treatment for income tax purposes, without triggering immediate income or gain recognition, by electing to be treated as an S corporation. One caveat to this general rule, however, is the so-called LIFO Recapture rule. Under IRC Sec. 1363(d). However, in a recent Field Attorney Advice. Taxpayer entered into ...

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