Fiduciary Income Tax Issues for Closely Held Business Interests
Probate and Property, March/April 2003, Volume 17, Number 2
By Scott H. Malin
Scott H. Malin is a principal in the law firm of Blumenfeld, Kaplan & Sandweiss, P.C., in Clayton, Missouri. This article was a project of the C-2 Estate Planning and Administration for Business Owners Committee. Contributors to the project include committee members Leonard Leader and David Kesner.
Fiduciary income tax issues related to closely held businesses can be very complex and are often uncertain. This article attempts to define and clarify some of these issues.