Thousands of people have lost millions of dollars and their personal information to tax scams. Scammers use the regular mail, telephone, or email to set up individuals, businesses, payroll and tax professionals.
Category Archives: IRS
New IRS Proposed Regulations Could Eliminate Valuation Discounts in Closely Held Family Entities
On August 2, 2016, The IRS released proposed regulations under Internal Revenue CodeChapter 14 that would eliminate the application of discounts for minority interest and marketability for transfers between family members in closely held entities for gift, estate, and generation skipping transfer tax purposes ( IRC Sections 2701-2704).
Janicek Valuation & Forensic Services, PLLC 