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Substantiating (Substantial) Contributions—Oh, What a Relief It Is!

These materials outline what the IRS and the courts are focusing on when looking at appraisals being submitted to substantiate valuations claimed for transfer tax or income tax reporting purposes.  The subjects addressed include:

  1. Substantiation Needed;
  2. Applicable Penalties; and
  3. Penalty Avoidance/Defenses

To read this article in full, click here to download a PDF copy.

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