In Rev. Proc. 2010-40, Internal Revenue Bulletin 2010-46 (Nov. 15, 2010), the IRS set forth certain inflation-adjusted tax items for 2011. The inflation adjustments include the following, which take effect on Jan. 1, 2011: The annual exclusion...
Court applies cost of partition discounts to tenancy in common interests held by husband and wife in a residence The Tax Court recently upheld, but reduced, minority interest discounts on the value of two tenancy in common interests conveyed to...
Ignited by the global financial crisis in 2010, many wanted to know, Where's the money? Who owns it? How can our country get more? and Where are the super-rich moving? Here are some answers to these questions as we survey last year's activity in...
Have you thought seriously about when and how you're going to retire? And who'll take over the practice? You haven't? Well, you're in good company. A quarter of firm owners lack an exit plan, according to a 2009 survey by Rydex/SGI's...
