Turney Berry, Leader of the Firm's Trusts, Estates & Personal Planning Service Team, wrote an article that was recently advertised in Louisville Business First. The article, "You are under attack!" explains the new proposal from the IRS under Section 2704 of the Internal Revenue Code that is designed to increase the taxes paid by family business owners versus unrelated business owners of identical businesses. Mr. Berry also provides some tips for those that could be affected by the regulations.
Please click here to read the full article.