June 2013

IRS to Eliminate Discounts in Family Business Valuations?

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For years, President Obama has had a proposal to restrict or eliminate valuation discounts for transfers of interests in family-owned businesses included in his budget proposal since his election. However, in its most recent budget, this proposal was missing. Unfortunately, this does not necessarily mean that the topic has been forgotten or ignored. Instead, the …

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Linda Trugman Elected to International Secretary/Treasurer of ASA

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Trugman Valuation Associates, Inc. congratulates Linda Trugman on her election as International Secretary/Treasurer of the American Society of Appraisers. Elected by her peers, this is the first step in the Executive Committee ladder of ASA and will involve her active participation on the organization’s Board of Governors. Linda’s term begins on July 1, 2013. Trugman …

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