There’s a growing buzz about new IRS regulations that will affect a family-owned business’ ability to save on taxes by using careful estate planning, and we’re doing our best to keep our clients, associates, and colleagues in the know. We think you may find the following articles from WealthManagement.com of interest:
- Major Components of New Section 2704 Proposed Regs: A brief summary of the three sets of new rules
- Strategies to Prepare for Implementation of Proposed 2704 Regulations
- Proposed 2704 Regulations: “Commercially Reasonable Restriction Exclusion”
We will be holding workshops in Paris, Effingham, Arcola, and Terre Haute during the month of September, so contact one of our offices to reserve your seat or schedule your own meeting with one of our attorneys. January 1, 2017 is the potential start date for the new laws, so time is of the essence.