Learn whether property in an LLC gets a stepped-up basis at death, from how tax classification shapes the outcome to elections, entity types, and valuation.
Learn how an FTN number fits into the federal tax ID system, from choosing the right type and applying for one to keeping it active and avoiding penalties.
Learn how gift cards are taxable in different situations, from buying and redeeming them to card fees and employer-issued gifts treated as taxable wages.
Learn how to transfer S corp stock to a family member, from eligibility and valuation to executing the gift and handling the tax and basis consequences.