Estate of Frank D. Streightoff v. CIR

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Case overview

Case Number:

19-60244

Court:

Appellate - 5th Circuit

Nature of Suit:

Tax Court 

  1. April 01, 2020

    Estate Owes $500K Tax On Partnership Interest, 5th Circ. Says

    A deceased Texas man's estate owes almost $500,000 in taxes because it undervalued his interest in a partnership set up to manage his assets, the Fifth Circuit has ruled.

  2. August 21, 2019

    Decedent Didn't Qualify As Limited Partner, 5th Circ. Told

    The U.S. Tax Court erroneously ruled that a Texas decedent held a more valuable partnership interest than his estate reported, resulting in a $346,000 tax bill, the estate has told the Fifth Circuit.

  3. July 31, 2019

    Tax Court Correctly Valued Partnership Interest, 5th Circ. Told

    The U.S. Tax Court properly determined that a Texas man's estate owed nearly $346,000 in taxes for underestimating the value of its interest in a partnership, the U.S. government told the Fifth Circuit on Wednesday.