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The TaxProf today links to two useful articles in full text.
CARE AND FEEDING OF FAMILY LIMITED PARTNERSHIPS
This piece, from Tax Analysts, discusses the lessons of recent IRS court victories in family partnership planning. It is part of the TaxProf's series of articles that he makes available by arrangement with Tax Analysts.
THE SLOW DEATH OF THE SESOP
Beckett G. Cantley writes how S corporation ESOPs have been effectively taken out of the toolkit of small business tax planners in this piece from the Akron Tax Journal. This article is a nice summary of the new rules limiting family-owned S corporation ESOPs.
Thanks are due to Paul Caron, the TaxProf blog proprietor.
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