Tangible Personal Property Regulations – Much Ado about Nothing?

By Karen Dunn, JD, LLM and Amber Busch, CPA 

With all the hubbub among accountants about the new tangible personal property regulations, should exempt organizations be concerned, or is it,

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Will the IRS uphold your tenancy-in-common structure?

By Amber Busch, CPA

Tenancy in common (TIC) is an ownership arrangement in which two or more parties jointly own property, and title is held individually to the extent of each party’s interest.

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