Federal Tax Update: Issues With Buy Sell Agreement

https://vimeo.com/615401875

https://www.currentfederaltaxdevelopments.com/podcasts/2021/9/26/2021-09-27-issues-with-buy-sell-arrangement

 

This week we look at:

• Taxpayer has issues with auto expenses, retirement plan contributions and demolition expenses in Tax Court
• Buy-sell agreement that wasn’t followed and was a found as a way to transfer business to brother as a way to escape transfer tax not followed by District Court