Valuation issues in Estate Planning - American Institute of CPAs
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This session will address various valuation issues practitioners should be aware of when advising clients on estate planning matters. The discussion will include a review of basic valuation principles as well as recent developments.
Learning Objectives:
Recognize likely focus areas during an IRS exam
Calculate taxpayer penalties for overstated asset valuation
Identify necessary components for a qualified appraisal
Explain the more comment types of valuation discounts