What the IRS Looks for in a Business Valuation Report

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Training Event Transcripts
June 12, 2018
Michael A. Gregory, ASA, CVA
business valuation standards & regulations

Summary

What does the IRS looks for in a business valuation report? Join Mike Gregory with fresh insights from his latest book, Business Valuations and the IRS, Five Books in One (2018) as he addresses the most common errors in business valuation reports, what you can do to avoid these types of errors, should your report be audited, and how to work with the IRS to resolve issues. Links will be provided to the IRS Job Aids for each of the three most common areas of adjustment: (1) valuing no-controlling interests in S-corps; (2) discount for lack of marketability (DLOMs); and (3) reasonable compensation. Attendees will receive insights on how IRS classification works for estate and gift tax returns, how to write a report for the IRS, and understanding the different types of reviews by the IRS business valuers including key points that participants can apply immediately in their reports.
What the IRS Looks for in a Business Valuation Report
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