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.