What appraisers need to know to prepare for IRC Section 2704

IRC 2704 Special ReportMany feel that the IRS's proposed IRC Section 2704 regulations introduce a new standard of value that goes against years of accepted valuation theory and Tax Court precedent. With a possible effective date as early as 2017, now is the time to understand the regulations and how to react quickly.

BVR's new special report, Proposed IRC Section 2704: Potential Impacts on Estate and Gift Valuations, unravels the proposed regulations and helps appraisers navigate the potential implications for the valuation of private business entity interests for transfer tax (estate, gift, and generation-skipping) purposes.