It’s impossible to predict what any future president will do, or what Congress will approve. But in light of comments president-elect Donald J. Trump made on the campaign trail, and given that Grand Old Party members will...more
12/1/2016
/ Alternative Minimum Tax ,
Business Plans ,
Capital Gains ,
Charitable Donations ,
Death Tax ,
Estate Planning ,
Estate Tax ,
Income Taxes ,
Mortgage Interest ,
Net Investment Income ,
Repeal ,
Selling a Business ,
Standard Tax Deduction ,
Succession Planning ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Trump Administration
The Department of the Treasury wants to place limitations on valuation discounts that are currently commonly used to reduce asset values in family-owned and closely-held businesses, in an effort to increase tax revenue. The...more
8/15/2016
/ Business Ownership ,
Business Plans ,
Business Succession ,
Business Valuations ,
Closely Held Businesses ,
Estate Planning ,
Estate Tax ,
Family Businesses ,
Gift Tax ,
IRS ,
Limited Liability Company (LLC) ,
Partnerships ,
Succession Planning ,
Transfer of Assets ,
U.S. Treasury