This week's topic is:
"Independence Day weekend pricing"
The NASDAQ and NYSE exchanges were closed yesterday for the Independence Day Holiday. If the valuation date fell on Saturday, Sunday, or Monday, you need to wait until Wednesday, July 6 to run your date of death valuations, because the Friday and Tuesday prices are needed to arrive at the correct valuation(s).
[IRS Reg. 20.2031-2]
Last week's topic was:
"Including ticker symbols, when you import valuations into ONESOURCE 706 Estate Tax software"
You can read last week's eNewsletter by clicking HERE.