March 16, 2023, 1:00 – 3:00 pm EST

The Inflation Reduction Act’s Impact on Business Valuation

Should you plan for an increase in valuation audits?

Over the next 10 years, the Internal Revenue Service will receive $80 billion dollars, allocated under the Inflation Reduction Act, and plans to add 87,000 employees.

With a unique perspective from IRS career experience, Mike Gregory delves into the IRS strategic plan to share his insights on the potential impact on valuations for tax purposes. The presentation will provide observations about the IRS Engineering Program that employs business valuers, and will explain the expected short- and long-term implications of the likely objectives at the IRS.

Learning Objectives:

Participants in the webinar will be informed as to:

• Key elements of the Inflation Reduction Act related to the IRS now
• Key elements of the IRS strategic plan as impacted by the Inflation Reduction Act
• Proactive preparation for the most audited BV areas
• Current IRS hiring plans related to business valuation
• How BV issues are selected as related to valuations for estate and gift tax
• IRS feedback on DLOM methods
• S-corp tax-affecting insights

Handouts:

• VPS webinar PowerPoint slides
• Following the webinar, attendees will have access to a video recording of the program.

About the Presenter:

Michael Gregory, ASA, CVA, MBA

• Founder of Michael Gregory Consulting, LLC
• Over 30 years in business valuation experience including 28 with the IRS
• As a member of the IRS finance reorganization team, he worked with the IRS CFO to restructure the IRS $10.5 billion budget in 2000
• Author of 12 books focusing on working with the IRS
• Completed over 2,500 mediations, negotiations, and facilitations
• Served on the Business Valuation Committee of the ASA, on the Standards Board of NACVA
• Qualified Mediator with the Minnesota Supreme Court
• Inductee in the AICPA BV Hall of Fame

April 13, 2023, 1:00 – 3:00 pm EDT

Practice Management Steps That Will Dramatically Increase Your Firm’s Profitability

We love to overcomplicate things. But the fact is, in our world, we first get the work and then we do the work. Rinse and repeat. That’s it. 

Given how “simple” that process is, it may not seem possible, but you are only a few short practice management steps away from dramatically improving your firm’s profitability … at whatever level you’re starting at.

For all the years Rod Burkert’s been in the business valuation, forensic, and litigation support profession, he’s seen very few practitioners implement the tactics that will be presented in this webinar. Each tactic will be discussed in the format of: WHY it is important, WHAT you need to know, and HOW to do it.

And the webinar emphasis will be on the HOW, i.e., melding the pillars of Leverage, Productivity, Effectiveness, and Efficiency to producing your desired result. 

If you feel like working is the only thing you do and the only thing you have time for, this webinar will show you how to get better results from the effort and time you are already investing in the practice you have. 

Learning Objectives:

In this webinar, the participants will learn how to:

• Identify their most important objectives for the year and quarter
• Measure the key performance indicators (KPIs) that matter for staying on target
• Harness the talent of a virtual assistant
• Create a “value ladder” for pre- and post-valuation services
• Price their services to avoid discounting fees
• Sell their services using visual models

Handouts:

• VPS webinar PowerPoint slides
• The slides will also include the frameworks needed to implement the steps presented in the webinar. 
• Following the webinar, attendees will have access to a video recording of the program.

About the Presenter:

Rod Burkert

• Founder, rbCOACHING
• rbCOACHING focuses on strategies, tactics, tools, and tech that can build/grow/scale BVFLS firms
• Experienced at leveraging his professional network, content marketing, social media, virtual assistants, and available technology
• Founder, Burkert Valuation Advisors in Philadelphia where he ran a “traditional” valuation practice for 10 years.
• Performing business valuations since the late 1980s

Jim Hitchner’s Valuation Products and Services (VPS) provides tools to assist practitioners in business valuation, litigation services, and forensics and fraud.

Valuation Products and Service, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.