All you need to know on the real definition of FMV

BVWireIssue #59-5
August 29, 2007

Say you wanted to go deeper into the definition of fair market value, from the perspective of the IRS, academics, and financial analysts.  The *new and improved* search engine at is the tool to turn to: We’ve just upgraded the site with state-of-the-art capabilities.  Users may now search BVResources products, services, and data by key words and phrases; speed-enhanced software returns results by date, product, or ranking. 

For example, a current search of Deluxe BVU, BVLaw, BVCatalog, and BVPapers using the phrase “fair market value” and “IRS” returned over 650 results.  Among the top-ranked items: a recent clarification by the Tax Court on the fmv standard; an article on replacing the fmv standard in marital dissolution with a fair value standard; an “Ask the IRS” teleconference presentation (led by Michael Gregory); and three IRS training resources and recommendations.  The search engine is accessible to all site visitors. If you’re already a subscriber, you can access the article, court case, or other item from the relevant database. If you’re not a subscriber, you can purchase the product using the link provided on the results page.  It’s that quick—and it’s easily the most comprehensive, valuation-specific library available today. The new search engine is available throughout the BVR site; look for the search button at the top right-hand of each page.  Try it out at

Please let us know if you have any comments about this article or enhancements you would like to see.