Episode 16: The Power of the Step-Up in Basis

Brent and Rachel sit down with Kim Paskal to discuss how a step-up in basis at death can be used advantageously in partnerships and S-corps. Learn more about how to make a 754 Election and the tax benefits that can ensue. Kim Paskal is the Chief Operating Officer of the Tax Department and Shareholder for BeachFleischman PC. She has been in public accounting since 1994 and is a Certified Public Accountant licensed to practice in Arizona. Her specialties include tax-planning, consulting, and compliance for entrepreneurial businesses and high net worth individuals. Learn more about Kim at https://beachfleischman.com/about/leadership-team/kim-d-paskal/. Kim can be contacted at [email protected].