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Client Advisory: Valuing Closely-Held Stock for Estate Tax Purposes | Connelly v. U.S. | JD Supra
JD Supra· 20 hours agoConnelly v. United States involved determining the fair market value of a closely-held corporation for purposes of estate taxation. A corporation, owned by two brothers, was ...
US Supreme Court Affirms the Eighth Circuit’s Decision in Favor of the Government Concerning the...
JD Supra· 20 hours agoIn Connelly v. US, 602 US ___ (6/6/2024), the US Supreme Court affirmed a decision of the US Court of Appeals for the Eighth Circuit in favor of the government concerning ...
Supreme Court Decision in Connelly v. US: Implications for Family-Owned Businesses | JD Supra
JD Supra· 5 days agoIn a landmark decision, the U.S. Supreme Court’s decision in Connelly v. United States will require closely-held business owners to reconsider their current buy-sell arrangement ...
NHL mock draft: Blackhawks' No. 2 pick will start run of interesting decisions
Chicago Sun-Times· 4 days agoJust like last year, the uncertain part of the 2024 NHL draft begins with pick No. 2, where the...
Supreme Court Rules In Favor Of IRS: Revise Redemption Plans Now
Forbes· 5 days agoOn June 6, 2024, the U.S. Supreme Court issued a unanimous opinion on a closely held business valuation case that will have significant impact on many family and closely held businesses. The ...
Supreme Court Holds Value of Closely-Held Business Stock Includes Life Insurance Proceeds | JD Supra
JD Supra· 5 days agoConnelly v. United States, unanimously agreed that life insurance proceeds owned by a closely-held company should be included in the valuation of the company in determining ...
Market begins heating up for 2025 U.S. Open rental properties in and around Oakmont
Pittsburgh Tribune-Review· 22 hours agoA rental frenzy is underway in Oakmont and surrounding communities in anticipation of the 2025 U.S....
Way-too-early NBA Power Rankings: Who can challenge Boston in 2024-25?
ESPN· 1 day agoThe 2023-24 NBA season came to an end Monday with the Boston Celtics defeating the Dallas Mavericks,...
Contender or Pretender: Are the Oregon Ducks as good as we think?
Saturday Down South· 6 hours agoBack in February, Oregon head coach Dan Lanning hinted at what’s to come. “We gotta go play games...
NRL teams: Papenhuyzen returns for Storm
ESPN· 21 hours agoThe NRL season continues to navigate the Origin period, with just the five games to contemplate this week. Surely picking five from five won't be too...