Examples of Closely held business in a sentence
Closely held business 5,175,000.00 6,250,000.00Total of these items 5,175,000.00 6,250,000.00Shown on Return 5,175,000.00Change to schedule 1,075,000.00Closely Held Business is an operating company that qualifies for section 6166 deferral of estate tax.
Closely held business initiative spurs focus on SOE threat to U.S. firms.
Closely held business owners can hire family members as employees and shift income within the family.
Closely held business, disclosure of financials should be considered, along with buy-sell agreements, restrictions on transfers, business tax returns, P&L Statements, etc.
These include public schools, libraries, courthouses and post offices (Hashim, 2019).Procurement is defined as the process of buying goods, works and services (FGN, 2017).
Closely held business assets represented only 4.6 percent of the total gross estate for estates that claimed SUV, similar to the 3.6 percent for those estates that did not claim the provi- sion.
Closely held business amount For purposes of this section, the term "closely held business amount" means the value of the interest in a closely held business which qualifies under subsection (a)(1).
Closely held business owners often out into buy-sell agreements to assure that the train remains in.
Closely held business owners need the ability to pay the estate taxes attributable to their business interests in installments.
Consumer credit debt is already reported to the credit bureaus and the IRS could require the credit bureaus to provide information returns on outstanding balances.• Closely held business ownership: The ownership of closely held businesses organized as partnerships and S-corporations is already reported through K1 forms that report the business income for each partner or shareholder.61 This ownership reporting requirement should be extended to closely held businesses that are C-corporations.