Estate Planning Alert: New IRS Proposed Regulations Target Gift Valuation Discounts

For many years the IRS has had in its crosshairs the valuation discount techniques used to reduce the gift tax value of transfers of interests in closely held businesses to family members. New regulations on this issue have been a high priority for the IRS and on August 2, 2016, the IRS released proposed regulations … Continue reading Estate Planning Alert: New IRS Proposed Regulations Target Gift Valuation Discounts