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Proposed Regulations Issued to Further Restrict Valuation Discounts of Closely-held Businesses

On August 2, the Internal Revenue Service issued proposed regulations that, if adopted, will have far-reaching effects on the valuation of interests in closely-held business entities for estate, gift and generation-skipping...more

Maryland Estate Tax Exemption To Catch Up to Federal

Maryland’s estate tax is changing. On May 15, 2014, Governor O’Malley signed into law H.B. 739. The current Maryland estate tax exemption is $1 million per individual. ...more

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