Treasury Department Proposes Regulations on Valuation Discounts
On August 4, 2016, Proposed Regulations under IRC Section 2704 were published by the Treasury Department. These regulations would eliminate most valuation discounts regarding estate and gift tax valuations for family controlled businesses.
Tips for Converting Software Packages
Software plays such an important part of everyone’s professional life in today’s environment. As accountants, we are everyday users of specialized software. There can be numerous benefits to new software and the implementation process can be very important to help capture these. There are several steps and areas to consider.
THE DREADED SELF-DIRECTED IRA
Unrelated Business Income Tax on Self-Directed IRA K-1s