Getting an Extension

David T. Leibell and Daniel L. Daniels of Cummings & Lockwood LLC in Stamford, Conn., show just what it takes for a charity to get more time from the Internal Revenue Service to sell an excess business holding: In two similar rulings, PLR 200438042 and PLR 200438043, both issued Sept. 17, the IRS agreed to grant a private foundation a five-year extension of the usual five-year period for disposing