Income Tax
To accurately assess tax liabilities, transactions reported on an income tax return must comply with IRS guidelines to determine the fair market value of a closely-held business interest. Tax-related valuations are prepared for a variety of purposes, such as compensation, charitable contributions, S corporation elections and purchase price allocations.
A well-prepared valuation can prevent excess tax and alternatively, can protect against unforeseen tax, penalties and interest.
To learn more about our Business Valuation services, contact David A. Storer, CPA/ABV, CVA, Partner or Elizabeth B. Grubb, CPA/ABV/CVA/CFP, Partner.