X

News & Insights

 
01Oct

U.S. Treasury Department Proposes New Regulations that Would Impact Transfers of Family Controlled Companies

10/1/2016| Reference Number : 82.0| Legislative/Regulatory | IRS/Treasury Transfer Tax Proposal | | Return|

On August 2, 2016, the Treasury Department released a proposal to modify the tax regulations for  transferring interests in family owned corporations, partnerships, LLCs and family farms. If the proposed regulations are approved in their current form, the transfer tax cost of transferring interests in a corporation to family members will increase significantly.

Contact Us to read the Full Article. 

Related

Non-Domiciled CDL Update

Non-Domiciled CDL Update

Everyone knows that immigration has been a top priority for the Trump Administration. Recent develop...

Read More >
How to Protect Your Business from Fraud

How to Protect Your Business from Fraud

Many bus contractors in the last several months have been receiving faxes from what looks to be the ...

Read More >
State Laws Legalizing Medical Marijuana: What Does it Mean for School Bus Contractors?

State Laws Legalizing Medical Marijuana: What Does it Mean for School Bus Contractors?

Across the nation there are currently 24 states that have legalized marijuana for medicinal purposes...

Read More >
Federal Grants for Homeless Student Transportation

Federal Grants for Homeless Student Transportation

Homeless student transportation is an ongoing issue for many school districts. It is especially pro...

Read More >
Drug and Alcohol Policies: Best Practices

Drug and Alcohol Policies: Best Practices

As we approach the end of the 2025-2026 school year, school bus contractors are already making plans...

Read More >
Using Public Funds to Secure the Ready Status of Drivers and Fleet on COVID Instruction Days

Using Public Funds to Secure the Ready Status of Drivers and Fleet on COVID Instruction Days

Across the nation, numerous school transportation contractors continue to experience the financial s...

Read More >

Search

Categories