IRS Issues Proposed Regulations Regarding Valuation Discounts on Transfers of Family Held Entities

If your estate exceeds the federal estate tax threshold, now might be the time to consider transferring an interest in a family-owned business. Proposed changes to valuation discount regulations will increase business values for gifting and result in more gift or estate tax due.On August, 2, 2016 the U.S. Treasury Department released proposed regulations governing … Read more