Gifts and Estate Tax
Effective and persuasive reports that anticipate and proactively answer IRS questions upfront reduce the probability of expensive and broad scope IRS audits. We understand and exemplify this principle in practice. Specifically, our background and experience in tax planning, practicing before the IRS, and business valuation empower us to produce optimum results for our clients and their attorneys and other advisors.
Our clients and their attorneys often engage our advice in structuring transactions to optimize their gift and estate tax planning, especially in utilizing minority (non-controlling) and marketability valuation discounts to reduce estate and gift tax exposures.
To ensure we have the knowledge to apply the most current and relevant valuation techniques to your situation, we routinely monitor new court cases, revenue procedures and tax laws and attend seminars, summits and conventions.
We are qualified and have experience with most gift and tax engagements including:
- Estate business valuation
- Gift transaction valuation
- Gift and estate planning
- Ownership transactions
- Well documented and empirically supported discounts and premiums
- Privately held business and family office clients
- Valuations of family limited partnerships and entities holding:
- Business interests
- Debt instruments
- Farm land
- Farm operations
- Mineral interests
- Marketable securities
- Notes receivable
- Oil and gas
- Real estate