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Preserving Capital Gain Treatment on Development Land

Jan 29, 2015

January 2015

It has been famously said that, “you are entitled to your own opinion, but not your own facts.” In constructing an effective tax plan, laying out the story effectively can often serve as the most important “fact” when the time comes to explain it all to Uncle Sam. There are two examples, one that has been around a bit and another new situation, that illustrates this point.

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Some of these items predate Richey May’s restructuring to an alternative practice structure. Richey May is no longer a CPA firm. All Attest services are provided by Richey, May & Co., LLP.

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