Bob Grossman has been selected to Co-Chair a Special Committee of the National Association of Certified Valuators and Analysts (NACVA) and to prepare the organization’s response and comments to recently-released Treasury regulations.
The rules, as proposed, could adversely affect the ability of taxpayers in family businesses to use valuation discounts in their estate and gift tax planning, thus driving up values of intra-family business entity ownership interest transfers and increasing the estate and/or gift tax. Read our Tax Alert for more details.
Bob will also address the Treasury department at a special hearing on December 1, 2016, in Washington, D.C. to voice taxpayer and practitioner concerns over the impact of the new regulations, as currently structured.
