Add to ORKGOne of the important objectives in the incorporation of a farm or ranch business is to accomplish a tax-free exchange of assets to the new entity. With a low income tax basis for many of the assets in most farm and ranch businesses, the consequences of a taxable exchange can be very serious in terms of income tax liability on the gain involved
For farmers and ranchers considering incorporating, one of the major questions is whether the farm o...
Transferring farm property from the Senior to the Junior farm family generation with conventional me...
The lower income tax basis from electing special use valuation1 has always been an important conside...
It is widely understood that indebtedness in excess of income tax basis is a problem in sales or exc...
One of the most painful outcomes on the formation of a corporation in a tax-free exchange is to disc...
From 1983 to 1989, US agricultural debt dropped by about $60 billion as debts were discharged in ban...
A 1998 Tax Court case has focused attention once again on the income tax consequences of mortgage fo...
In the June 8, 1990, issue of Agricultural Law Digest, we discussed a 1989 amendment specifying that...
The decisions made in issuing corporate stock in a tax-free exchange can have important federal gift...
The proposed buyout by Rabobank, a giant Dutch lender, of the Farm Credit Services of America (FCSA)...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
As has been reported since the 1997 enactment of the family-owned business deduction and the substan...
Until 1987, a procedure was available for avoiding income tax for solvent debtors generally. That pr...
E.B. 94·22 (Formerly A.E. Ext. 89-16)Beginning in the mid-1980s, a substantial number of farmers suf...
The income tax consequences of abandonment in bankruptcy have posed significant problems for farm an...
For farmers and ranchers considering incorporating, one of the major questions is whether the farm o...
Transferring farm property from the Senior to the Junior farm family generation with conventional me...
The lower income tax basis from electing special use valuation1 has always been an important conside...
It is widely understood that indebtedness in excess of income tax basis is a problem in sales or exc...
One of the most painful outcomes on the formation of a corporation in a tax-free exchange is to disc...
From 1983 to 1989, US agricultural debt dropped by about $60 billion as debts were discharged in ban...
A 1998 Tax Court case has focused attention once again on the income tax consequences of mortgage fo...
In the June 8, 1990, issue of Agricultural Law Digest, we discussed a 1989 amendment specifying that...
The decisions made in issuing corporate stock in a tax-free exchange can have important federal gift...
The proposed buyout by Rabobank, a giant Dutch lender, of the Farm Credit Services of America (FCSA)...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
As has been reported since the 1997 enactment of the family-owned business deduction and the substan...
Until 1987, a procedure was available for avoiding income tax for solvent debtors generally. That pr...
E.B. 94·22 (Formerly A.E. Ext. 89-16)Beginning in the mid-1980s, a substantial number of farmers suf...
The income tax consequences of abandonment in bankruptcy have posed significant problems for farm an...
For farmers and ranchers considering incorporating, one of the major questions is whether the farm o...
Transferring farm property from the Senior to the Junior farm family generation with conventional me...
The lower income tax basis from electing special use valuation1 has always been an important conside...