1 / 6

Marketing To Business Owners Workshop Session 4: Valuation Rules And Regulations

Marketing To Business Owners Workshop Session 4: Valuation Rules And Regulations. I:Knowledge BasePresentationsWholesalers2009 Wholesalers. Valuation Rules & Regulations . Revenue Ruling 59-60 AICPA’s Statement on Standards for Valuation Services (SSVS) IRC Section 6695A. 8/8/2014.

kedma
Download Presentation

Marketing To Business Owners Workshop Session 4: Valuation Rules And Regulations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Marketing To Business Owners WorkshopSession 4: Valuation Rules And Regulations I:\Knowledge Base\Presentations\Wholesalers\2009 Wholesalers

  2. Valuation Rules & Regulations Revenue Ruling 59-60 AICPA’s Statement on Standards for Valuation Services (SSVS) IRC Section 6695A 8/8/2014 For producer use only. Not for distribution to clients. 2

  3. Nature of business, history Economic outlook generally and for specific industry Book value, financial condition Earning capacity of company Dividend-paying capacity Goodwill, intangible value Market price of publicly traded stocks in same or similar business. Revenue Ruling 59-60 8/8/2014 For producer use only. Not for distribution to clients. 3

  4. AICPA’s SSVS Became effective 1/1/08. Applies to all CPAs. 8/8/2014 For producer use only. Not for distribution to clients. 4

  5. IRC Section 6695A Problem: widespread tax fraud using bad valuations. Solution: IRS 6695A makes appraisers personally liable. 8/8/2014 For producer use only. Not for distribution to clients. 5

  6. $5,000+ gifts need “qualified appraisal” by “qualified appraiser” Qualified appraiser: “an individual certified by a professional appraiser organization” that “regularly performs appraisals for which he or she is compensated”. Qualified appraisal: “prepared by a qualified appraiser who can demonstrate verifiable education and experience valuing the type of property appraised” IRC Section 6695A 8/8/2014 For producer use only. Not for distribution to clients. 6

More Related