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Senate Tax Bill Would Change Carried Interest Taxation...Somewhat

Starting on page 191, the recently passed Senate Tax Bill would bring some change to the taxation of carried interest. The Senate Tax Bill would insert into the IRC a new Section 1061 - Partnership Interests Held in Connection with Performance of Services. This new section provides that, for applicable partnership interests, capital gains previously classified as long-term will be treated as short-term capital gain unless the gains were generated from assets held for more than three years.

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Trusts & Estates Webinar - Poll Results and Final Thoughts

Thanks to all for joining our October 24 webinar “Managing Clients Through Business Valuation Matters.” We hope it was both helpful and informative. There were many outstanding questions sent to us during the webinar and we’d like to share comments, poll results and content:

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