The IRS finalized regulations (T.D. 9991) on the statutory requirement that the basis of property acquired from a decedent be consistent with the basis reported on the estate tax return. Generally, ...

The IRS issued final regulations (T.D. 10028) Friday that identify certain partnership related-party basis-shifting transactions and substantially similar transactions as transactions of interest ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Estate planning has long been about building and preserving wealth, minimizing taxes and ...

In real estate investment, the cost of acquiring a property (price per unit, price per square foot, or "price per pound") should be the key factor in deciding to invest. But while it's common sense to ...