IRS Proposed Rules Target Family Businesses for Higher Estate and Gift Taxes

Words: Jeff BuczkiewiczLast month, as part of the Obama legacy, the IRS proposed a new rule to coincide with his departure to make passing on your family business more expensive and more difficult.

The MCAA is asking members to sign on a letter to the Treasury Secretary urging withdrawal of the proposed minority valuation discount rules.

The deadline to do so is Monday, September 26th so please act today.

Please visit www.masoncontractors.org/positions/estate-tax-rule-change for additional information including position papers and talking points.

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