Business Valuations and the IRS: Five Books In One

March 2018 Softcover (852 pages)

Michael Gregory

Birch Grove Publishing

Business Valuations and the IRS:Five Books in One, written by expert Michael Gregory, is specifically for business appraisers, expert witnesses, and those who work with or may need to work with the IRS regarding business valuations. This must-have publication aids the reader in understanding classification, the IRS review processes and structure, and how to resolve conflicts with the IRS. It also covers how the IRS looks at valuing non-controlling interests in S-corps, valuing reasonable compensation, and the discount for lack of marketability so that you can take appropriate actions. 

With 38 examples and many practical tips, the business valuer will know what to expect and how to take appropriate actions to minimize the probability of an audit, along with what to do if your business appraisal is audited. Sections of the text have been reviewed by Ashok Abbott, Will Frazier, Roger Grabowski, Bruce Johnson, Stephen Kirkland, Chris Mercer, Chris Treharne, Dan Van Vleet, and other top thought leaders.  This book is a must-have for your business valuation library.

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Additional Product Details

Highlights of the book include:

  • The most comprehensive guide ever written on how the IRS approaches business valuation reviews, with practical advice for business appraisers 
  • Technical sections based on the most current IRS information with real world examples
  • Scores of practical tips and common errors to avoid
  • And much more!

Table of Contents

PART ONE: IRS STRUCTURE AND PROCESS
  • IRS Culture - Then and Now
  • Understanding IRS Official and Unofficial Rules of Engagement and How to Use Them
  • Classification at the IRS
  • Working with Valuers and Specialists at the IRS
  • Expert Witnesses and the IRS

PART TWO: RESOLVING CONFLICT WITH THE IRS

  • The Most Common Errors in Valuations and Ten Golden Rules
  • Resolving Conflicts with the IRS Teams and Agents with Key Take-Aways
  • issue Resolution and Mediation Processes at the IRS
  • Using the IRS Evaluation Process to Resolve Issues
  • Writing a Business Valuation Report for the IRS while Avoiding Potential Penalties

PART THREE: VALUING NON-CONTROLLING INTERESTS IN S-CORPS FOR THE IRS

  • Introduction to S-Corps and the IRS
  • S-Corps Job Aid with Commentary

PART FOUR: VALUING REASONABLE COMPENSATION FOR THE IRS

  • Introduction to Reasonable Compensation
  • IRS Reasonable Compensation Job Aid with Commentary

PART FIVE: DISCOUNT FOR LACK OF MARKETABILITY AND THE IRS

  • IRS Discount for Lack of Marketability Job Aid with Commentary