IRS Proposes Regulations to Limit Strategy to Avoid Estate Tax

By Jason Palmisano The IRS has issued a notice of proposed regulations to limit the valuation discounts individuals have been afforded when they engage in certain types of intra-family transfers involving their family owned corporation or family partnership.  Under the proposed regulations, the valuation discount — sometimes up to 40% — that is given for … Continue reading IRS Proposes Regulations to Limit Strategy to Avoid Estate Tax