Business Valuation in
Estate and Gift Taxation

Determining the value of a business or fractional interest in a business can have a substantial impact on estate taxes and gift taxes and requires rare knowledge and experience

Business Valuation Articles Our Valuation Perspectives index offers a  seven-year archive of technical and practice articles Certifications Our impressive list of designations and certifications attests to our valuation professionals' credibility and skill Industry Expertise Kotzin Valuation Partners offers experience with companies in every major economic sector

Our firm performs valuations of shareholder, limited partnership, and membership interests in closely held entities and qualified plans, primarily for estate and gift tax and other fiduciary tax reporting purposes. We also perform valuation of promissory notes and undivided interests in real property.

Our team of professionals possesses in-depth knowledge and understanding of the laws that govern partnerships, limited liability companies and corporations. We are also well-versed in IRS rulings, regulations and court cases that influence valuation methodology.

We work closely with prominent estate planners, attorneys, accountants, financial planners and pension administrators throughout the Southwest and across the United States. We are frequently asked to make educational presentations to charitable organizations and estate tax and planning groups.

Process. Before an appraisal is submitted to the client, it is subject to a thorough review process to ensure that the value conclusion is supportable and communicated to the reader in a clear, concise and logical manner. Each valuation complies with the standards and regulations set forth in USPAP (Uniform Standards of Professional Appraisal Practice).

IRS scrutiny. The IRS frequently scrutinizes the fractional interest discounts applied by appraisers. Consequently, it is imperative that the value conclusion be objective and supportable. The appraiser must be knowledgeable of state and federal laws that govern the entity as well as Internal Revenue Codes and Treasury Regulations when developing an opinion of value. It is also essential that valuation experts read and understand relevant Tax Court cases that influence appraisal methodology.