The IRS business valuation community is “very fractured,” leading to inconsistencies on audits, says former IRS manager Michael Gregory (Michael Gregory Consulting LLC). He will conduct a four-hour “mock audit” where he will assume the role of IRS valuer and go up against a business valuer in an estate tax audit based on an actual case. “This is but one example of what might really happen on a business valuation audit today,” Gregory tells BVWire. “However, the example is directly on point with how such an audit may transpire with an IRS audit team.” His opponent in the mock audit will be Bryant Lancaster (Lancaster Financial & Valuation Services), and it will take place on September 25. Click here to register.