-
Articles & Seminar Materials
- June 5 NYS Tax Litigation Seminar: Completion Certificate June 2, 2025
- June 5 NYS Tax Litigation Seminar — Outline May 31, 2025
- June 5 Tax Litigation Seminar — Supplementary Materials May 14, 2025
- June 5 CPE Seminar: NYS Tax Litigation — Practice & Procedure April 28, 2025
- March 13 CPE Seminar: Supplementary Materials March 4, 2025
- Income Taxation of New York Trusts & 2025 Planning Strategies March 4, 2025
- Webinar Recording of 1031 Final Regulations Seminar January 16, 2025
-
Natural Language Search
Search by Category
Most Popular
- Letters Testamentary
- Executor and Trustee Commissions Under NY EPTL
- Welcome
- Tax Aspects of Incorporating
- Defeating The Right of Election in EPTL § 5-1.1-A
- Modifying or "Decanting" Irrevocable Trusts: New York's Decanting Statute Annotated
- Defeating The Right of Election in EPTL § 5-1.1-A
- Installment Sales in Real Estate Transactions
- Valuation Discounts for LLCs
- Motions for Summary Determination
Tag Archives: LLC
FAMILY DISCOUNT ENTITIES: INCOME TAX CONSIDERATIONS
FLPs (and LLCs) are ideal holding entities for family assets since fractional discounts yield substantial transfer tax savings. While the income tax treatment of asset transfers to and from these “flow thru” entities is generally placid, income tax planning should not be relegated to a mere afterthought. Continue reading