US EditionSec. 6166: Help For Family Businesses with Estate Tax Bills | Hoberman & Lesser
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Sec. 6166: Help For Family Businesses with Estate Tax Bills | Hoberman & Lesser
Even though the current gift and estate tax exemption amounts are high, some families with wealth tied up in a closely held business could be forced to sell assets to meet tax obligations. However, Internal Revenue Code Section 6166 can provide relief. Let's take a look. Avoid Selling Assets An election to defer estate taxes under Sec.
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