Gift Tax Business Valuation: What the IRS Expects and How to Get It Right
Gifting an interest in a closely held business requires a supportable fair market value and careful documentation. This article explains how gift tax business valuations are performed, what the IRS looks for, how valuation discounts are supported, and what makes an appraisal defensible if the return is examined.
Estate Tax Business Valuation: What Makes a Defensible Report
Learn how estate tax business valuations are prepared under IRC Section 2031, Revenue Ruling 59-60, and Form 706 requirements. Understand valuation methods, DLOM and DLOC discounts, IRS scrutiny, and what makes a defensible valuation report.
California’s Billionaire Tax Is Headed to the Ballot: The Real Battle May Be Over Valuation
California’s proposed billionaire tax is headed to the November 2026 ballot, but the biggest compliance challenge may be valuation. This article explains how the measure could affect ultra-high-net-worth taxpayers, why illiquid and complex assets create difficult valuation questions, and what advisors should begin reviewing now.