Author Archives: Brian

Golden Ticket = Greater tax

The NHL season is here and the Pittsburgh Penguins (back-to-back Stanley Cup Champions!) have established themselves as one of the most successful hockey organizations in the modern NHL. Success often translates to higher demand for tickets and higher ticket prices. …

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SALE OF MIAMI MARLINS

The Miami Marlins (Major League Baseball franchise) is up for sale by owner Jeffrey Loria, who paid $158M for the team in 2002 and is asking for $1.3B (previous reports have the initial asking price at $1.7B). Earlier this year, …

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ESTATE OF MICHAEL JACKSON

The IRS and Mr. Jackson’s estate are in a serious dispute over the value of his estate at the time of death on June 25, 2009. Attorneys for Mr. Jackson’s estate say he was $400 million in debt and his …

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IRC Section 2704 – Summary of Proposed Regulations

IRC Section 2704 – Summary of Proposed Regulations On August 2, 2016 the U.S. Treasury released proposed regulations to section 2704 of the Internal Revenue Code (IRC). The proposed regulations seek to limit the availability of valuation discounts used for …

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