Topic
Installment Sales
16 published works
Liskow & Lewis, APLC
IRS Approves Alternative Basis Recovery Method for Contingent Payment Stock Sale
The IRS recently issued Private Letter Ruling 202645014, approving an alternative method of recovering tax basis in a contingent payment sale of S corporation stock. The ruling allows the taxpayer…
TaxSlaw
Another Setback for Monetized Installment Sales?
By Louis Vlahos
Abusive Arrangements As part of its enforcement efforts, the IRS annually identifies what it describes as potentially abusive transactions that taxpayers should avoid.[i] According to the agency, some of these…
The Maritime Law Blog
Governor Landry Signs Act Revising the “Ships and Ships’ Supplies” Exemption
By Bob Angelico, Leon H. Rittenberg III, Caroline Lafourcade, Kevin Naccari, Jr.
Governor Jeff Landry signed Act 384 into law on June 20, 2025, making changes to the sales and use tax provisions of the revised statutes. Included in the changes was…
Taft Tax Insights
Did you know that when you sell in an installment sale if a buyer assumes debt on a property that you may have taxable gain even though you don’t receive cash?
By James Duffy
Installment sales can be a great way to defer and sometimes actually reduce tax on the sale of property. If certain requirements are met, a seller can report and pay…
Tax Controversy Report
DOJ Seeks Injunction Barring Promotion of Monetized Installment Sales
By Kristy Caron, Nicholas Lyskin, and Adon Solomon An installment sale occurs when property is disposed of and at least one payment is received after the tax year of the…
TaxSlaw
Planning for the Interest Charge on Installment Sales: Decanting a Grantor Trust?
By Louis Vlahos
The Issue I recently encountered an interesting situation in which someone suggested that a grantor trust be decanted into a non-grantor trust before the end of the taxable year. The…
Agricultural Law and Taxation Blog
Tax Consequences of Forgiving Installment Payment Debt
OverviewDuring this time of financial stress in parts of the agricultural sector, a technique designed to assist a financially troubled farmer has come into focus. When farmland is sold under…
Tax Law for the Closely Held Business
Monetized Installment Sales: What Are They About?
By Lou Vlahos, Farrell Fritz P.C.
Too Good . . .? What if I told you that you could sell your property today, receive cash in an amount equal to the property’s fair market value, and…
Wills, Trusts & Estates Prof Blog
Article on The Tax and Practical Aspects of the Installment Sale to Spousal Grantor Trust
William R. Culp, Jr., Paul M. Hattenhauer, and Briani Bennett Mellen recently published an article entitled The Tax and Practical Aspects of the Installment Sale to Spousal Grantor Trust, 44…
Wills, Trusts & Estates Prof Blog
CLE on Installment Sales and Like-Kind Exchanges in Estate Planning
The National Business Institute is holding a teleconference entitled, Installment Sales and Like-Kind Exchanges in Estate Planning, on Thursday, November 8, 2018, at 12:00 p.m. - 1:30 p.m. Central. Provided…