IRS Proposed Rules Target Family Businesses for Higher Estate and Gift Taxes
Last 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.
About the Author
Jeff Buczkiewicz is the President and CEO of the Mason Contractors Association of America. Jeff has worked in the masonry industry for several years as the Executive Vice President of the Building Stone Institute and the Director of Marketing and Membership for the Mason Contractors Association of America. Jeff has also served as Secretary on the Board of the Natural Stone Council and is a former Board Member of the StonExpo Federation.