Title

Income tax issues on the death of a member of a professional service LLC.

SelectedWorks Author Profiles:

James A. Fellows

Document Type

Article

Publication Date

2003

Date Issued

January 2003

Date Available

December 2013

ISSN

0022-4863

Abstract

Excerpt: “The scope of the analysis below is limited to the tax consequences of lump-sum cash payments to the SI solely in exchange for her interest in the LLC’s property…The more significant tax concepts…can be best understood by analyzing the tax consequences triggered by a lump-sum cash payment, and space limitations require that we not examine every conceivable issue.” (p..358)

Comments

Excerpt only. Full-text article is available only through licensed access provided by the publisher. Published in Journal of Taxation, 99(6), 358-371. Members of the USF System may access the full-text of the article through the authenticated link provided.

Language

en_US

Publisher

Journal of Taxation

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.