Friday, September 9, 2016

IRS Estate-Tax Proposal Could Hit Wealthy Business Owners Where It Hurts

Wealthy business owners transferring ownership stakes to their children will soon see a bigger tax hit, if new IRS estate-tax rules take effect. We asked financial advisors what impact these changes might have, and who will be affected. First, a little background: Last month the U.S. Department of the Treasury proposed curtailing so-called valuation discounts on...

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