Step-Up in Basis: Policy Perspectives on a Longstanding Tax Loophole

While working towards her J.D., Kaitlin Maguire published the essay "Step-Up in Basis: Policy Perspectives on a Longstanding Policy Loophole" along with Bridget Crawford, Crystal Lichtenberger, and Gigi McQuillan. This publication offers three different and conflicting perspectives on the income tax step-up in basis for property acquired from a decedent under IRC § 1041.

To read more, click here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4706929.