Here’s what you’ll see:

• “Tax Reform Puts Broader Spotlight on Reasonable Comp” (BVR Editor). Ron Seigneur and Kevin Yeanoplos, the co-authors of a guide on reasonable compensation, explain how tax reform has put more focus on the matter.
• “New Twists and Turns in BV Highlight Annual SECBA Conference” (BVR Editor). Topics you don’t see at other conferences (such as Bitcoin and business insurance) and top-notch speakers added up to an excellent event hosted by the Southeast Chapter of Business Appraisers (SECBA) in Atlanta.
• “Q&As on the Impact of the 2017 Tax Act on Business Valuation” (Chris Mellen). Perspectives on the evolving discussion about the impacts of the new tax law on business valuation. Part of a series.
• “Valuation Experts Clash Over Analysis of Transactional Data” (BVR Editor). Ronald D. Rudich (Gorfine Schiller & Gardyn) and Howard A. Lewis (ENVRS and RiskGuidance Co. LLC) take issue with a number of points Toby Tatum (Alliance Business Appraisal) presented during a BVR webinar that he presented on the use of the BIZCOMPS database of private company transactions. Tatum responds to each counterpoint.
• “Letter to the Editor: Comments on a Recent Article on the FMV of Physician Compensation” A letter in response to the article, “Dietrich and Smith’s Debate Challenge Re: FMV of Physician Pay,” from the March 2018 issue of Business Valuation Update that presents new thinking and approaches.
• “Work File Checklist for Identified Assets and Liabilities” (BVR Editor). Documentation requirements based on the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangibles (CEIV) credential.

The issue also includes:

• An expanded section of “BV News and Trends/Global BV News and Trends.”
• Regular features: “Ask the Experts” and “Tip of the Month.”
• BV data spotlight: “Pratt’s Stats MVIC/EBITDA Trends,” “ktMINE Royalty Rate Data,” “Economic Outlook for the Month,” and “Cost of Capital Center.”
• BVLaw Case Update: The latest court cases that involve business valuation issues.

To stay current on business valuation, check out the April issue of Business Valuation Update.