Letter to the Editor: Response to a Reader’s Comments Concerning the Kress Case

Business Valuation UpdateVol. 25 No. 8
August 2019
S corps
S corp valuation, tax affecting, s corporation


The Kress case has received a great deal of attention on a number of valuation fronts, most notably that both the taxpayer and the government tax affected the earnings of the subject S corp. This letter to the editor is a response to comments on the case made by an IRS analyst.