Thursday, July 25, 2013
Wendy C. Gerzog (Baltimore), Koons: Interest Deduction and FLP Valuation Practice Pointers, 140 Tax Notes 375 (July 22, 2013):
The Tax Court's Koons decision [T.C. Memo. 2013-94] explains the rules for allowing an estate to deduct interest payments, and it details how the court arrived at a determination of the value of a family limited liability company interest.
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