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Articles Posted in Self-Cancelling Installment Notes (SCINs)

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Hard-to-Value Houston Estates Can Be Tax Concern

The Internal Revenue Service has won a settlement of $388 million from the estate of Detroit Pistons owner Bill Davidson. According to the IRS, the estate owned more than $2 billion in additional taxes. To gain some perspective:  in 2013, the US Treasury took in a total of $12.7 billion…

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