2018-115: How New Policy on the IRS Valuation and Estate Program Impacts Your S Corporation Valuations (webinar)
** Archive Webinar 115: Live Broadcast Date: January 10, 2018 **
This webinar will provide background on the recently obtained internal IRS policy memorandum* that sheds light on how the IRS approaches valuing S corps and what you need to consider when preparing an S corp valuation. This new memorandum recommends that consideration be given to both Revenue Ruling 59-60 and the IRS S Corp Job Aid.
*Internal IRS policy memorandum between the Director of Large Business and International (LB&I) Field Office Operations, Engineering (IRS Business Valuers), and the Director of Small Business Self Employed (SBSE) Specialty Examination Policy and Quality (where the IRS Estate and Gift [E&G] Tax Program is located).
Te participant will learn:
- The background of and gain insights into the IRS Job Aid on valuing non-controlling interests in S corps
- About the IRS S corporation valuation procedures memorandum
- The potential ramifications of the IRS S corporation valuation procedures memorandum
- What steps to consider given the IRS S corporation valuation procedures memorandum
- How to approach an audit by the IRS if tax affecting was applied to a non-controlling interest
- What mistakes to avoid should your appraisal be audited
Note that CPE is only given for live webinars. Information on CPE credits, refund policies, and complaint resolution can be found at www.valuationproducts.com/cpe.html .
This downloadable archived webinar package is an interactive video of the webinar with the original webinar handouts.
The format of the archived webinar package is an Adobe Presenter PDF file that allows you to view the video of the webinar with the synced audio so that you see the presentation just as it was presented “live.” The Presenter format also allows for easy navigation through the webinar so you can quickly go to a specific section in the presentation. The handout materials are included in the file. To view the Webinar Presenter file, you must have the current version of Adobe Reader. You can download the free Adobe Reader at http://get.adobe.com/reader Please save the file to your hard drive or server. This is a very large file so please allow sufficient time for the download to complete.
You will also need to have the current version of Adobe Flash enabled on your computer. The file may not display in your browser window, (you may see a blank image) so be sure to download the file first and then open it on your computer using Adobe Reader.