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Episode 15 - WT Art Partnership v. Comm; Pierce v. Comm.
Today in Tax Court
30 minutes 24 seconds
7 months ago
Episode 15 - WT Art Partnership v. Comm; Pierce v. Comm.
Valuations gone wild - a $26 million Chinese art piece + Udder Covers LLC for $18 million.
How does the IRS think about valuations? What methods do they accept?
What makes a good valuation stand out from a bad one?
When do you need valuations? Gifting, donating?
How do you time these tax events well?
We take down all of these and more - enjoy.
