Estate and Trusts Tax Basis of inherited and gifted property Is it true that if I gift low basis assets

Dana S Beane & Company, P.C. CPAs
376 Court St
03246
Providing all the services you might expect from a CPA firm, plus extensive expertise in numerous taxation areas including estate, trust and gift taxation, foreign transaction compliance, sophisticated derivative partnership equity structuring and taxation using LLCs.

Is anyone truely looking out for your business interest? Our firm’s philosophy since 1947 is admittedly old fasion; Do what is in the best interest of the client, particularly when contrary to our own short term financial interest. That philosophy has created relationships lasting generations. It is not a modo, it’s daily practice.

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800-585-2088