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“Cause I’m the Taxman”: A Qualified Appraisal or Hefty Tax Bill? | HBK
https://hbkcpa.com/insights/cause-im-the-taxman-a-qualified-appraisal-or-hefty-tax-bill/
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A recent U.S. Tax Court case highlights the importance of keeping these facts top-of-mind. In Estate of Hoenshied v. Commissioner, T.C. Memo. 2023-341, the Tax Court’s decision resulted in a large, unexpected tax bill.
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