No More Family Discounts

IRS Targets Popular Estate Tax Saver

Marcia Zarley Taylor , DTN Executive Editor
Family businesses have long been able to discount minority shares 30% to 50%. IRS wants to end the practice since it considers that technique an underpayment of estate taxes. (DTN file photo by Nick Scalise)
IRS wants to ban what it considers an end-run around federal estate tax payments among family farms and businesses.

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Marcia Taylor

Marcia Zarley Taylor
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