Insights

The simple answer is that the IRS believes that valuation discounts taken on family-controlled entities are falsely high, which results in lower transfer tax revenue to the Treasury. With the foregoing in mind, it is important to understand how the IRS, courts, and taxpayers value a business interest under current…

In June 2016, the EEOC issued a report by its Select Task Force on the Study of Harassment in the Workplace. The report details how one-third of the 90,000 charges filed with the EEOC in fiscal year 2015 included an allegation of harassment. However, as set forth in the report,…

Earlier this month I posted about two decisions by the National Labor Relations Board finding employers’ workplace conduct policies and policies prohibiting recording people or confidential information in the workplace to be in violation of the National Labor Relations Act. You can read the post here. Although it has not…

The EEOC recently issued a new fact sheet designed to help younger workers understand the laws prohibiting religious discrimination. https://lnkd.in/dipfh-4. This fact sheet provides a good summary of the basics that each employer should know and provides several examples of how to address certain situations that may arise in relation…

The Internal Revenue Code prescribes minimum imputed interest rates and time-value-of-money factors applicable to certain loan transactions and estate planning techniques. These rates are tied formulaically to market interest rates. The Internal Revenue Service updates these rates monthly. These are commonly applicable rates in effect for September 2016: Short Term AFR…