This webinar was a review of assets that qualify for stepped-up or a stepped-down basis. In addition, an overview of valuation methods and depreciation issues related to the assets. Is there a difference between a farmer who materially participates and who is a non-material participating farmer. How is ownership basis affected? Reporting for the decedent, estate and beneficiary guidance. The discussion will focus on the tax professional and the issues they face with specific situations.
Death of a Farmer
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