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Gift Horse or Trojan Horse? Helping Beneficiaries Avoid Hidden Tax Liens

This article was written by partner Robert S. Barnett and appeared in the CPA Journal, January 2018

The potential of an IRS lien weighs heavily on the minds of many taxpayers, but rarely do they consider liens when receiving gifts or inheritances. The author describes the relevant tax law for liens on inherited property and property received as a gift, providing tips for dealing with any liability arising therefrom.

Read the full article here:

Gift Horse or Trojan Horse CPA Journal, January 2018