Sep 7, 2016

Call to Action: Proposed Regulations May Limit Valuation Discounts

The Internal Revenue Service published proposed regulations on August 4, 2016 that will severely limit valuation discounts on the transfer of ownership interests to family members in family-controlled entities, such as corporations, partnerships and limited liability companies.  The proposed regulations will apply to all family-controlled entities, even those that own operating businesses. Generally, when a… Read more