14
Date: Thursday, February 14, 2019
Time:
10:00am-11:40am PT / 1:00pm-2:40pm ET
Format: A BVR Webinar

Earn 2 CPE credits
Add this event to your calendar
Registration for this program is closed.
Purchase a Training Pack from this event*.
*Training Packs include: a complete recording and transcript with all presentation and reading materials delivered via an electronic download
Please note: CPE credit is not available through Training Packs
More information is available below

Featuring  (click image for bio)

Michael Gregory
ASA, CVA
Michael Gregory Consulting

About This Program

What are the implications of the government shut down on the IRS’s ability to audit business valuation returns in 2019? What steps should you take if your appraisal is audited by the IRS? In this must-attend webinar, expert Michael Gregory will answer these questions and cover key areas such as the top three business valuation appraisal audit areas by the IRS. Attendees will come away with recommendations on how to work with the IRS given the ramifications of the government shut down. And, knowing the emotional impact of the government shut down, congressional expectations, and morale at the IRS, attendees will be coached on how to work with the IRS should their business valuation appraisal be audited. In addition, Gregory will also provide a best practice proactive example so that appriaisers can learn the appropriate actions.

Agenda

  • Introduction
  • What the IRS Intends to Do
    • Where to File Estate Tax Returns
    • Where to File a Gift Tax Return
    • Historical Perspective of
      E&G Filings and Audits
    • Ramifications at the IRS on BV Audits
    • Estate and Gift Tax Ramifications
  • Small Business Self Employed General Program Assets <= $10 million
  • Large Business and International  Assets > $10 million
  • IRS Shut Down Ramifications
  • Three Major Adjustment Areas on Business Valuation Reports
    • DLOM
    • S-Corp Cases
    • Reasonable Compensation
  • Fringe Benefits, Bonuses and Incentives
  • Five Common Concerns
    • Pay for Prior Years Under Compensation
    • Multiple Jobs/Many Hours by One Individual
    • Hypothetical Independent Investor
    • Employee Personally Guarantees Debt
    • Key Person/Superior Employee
  • Important Take Away Information
  • Consider the Critical Skills Related to Emotional Intelligence and Neuroscience
  • Classification of  Estate and Gift Tax Returns
  • Who are you most likely to interact with on an
  • Estate/Gift Tax Audit Situation?
    • Role of the IRS Examiner
    • Role of the Valuation Specialist

Learning Objectives

  • Explain what the IRS is intending to do regarding business valuations in 2019
  • List the implications of what the IRS can do in 2019
  • Describe what to do should your business valuation appraisal be audited
  • List constructive steps to work with the IRS
  • Describe when to elevate or take the case to appeals

Single Connection Policy

Admission to this event authorizes one computer and phone connection for one location. These connections may be transferred users and/or locations. Multiple concurrent connections for a single admission registration are not allowed.

Multi-User CPE Policy

Admission to this program includes one CPE certificate for one individual. Any additional listeners requesting CPE must pay a processing fee assessed at the completion of the online CE survey for this course.

CPE Processing Fees may be bypassed by entering a valid, unused CPE Authorization Code (for single event purchasers) or by logging into BVR's website (for subscribers to BVR's Training Series).

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group Internet-Based
Recommended CPE: 2 Credit Hours (Accounting Technical)

Closed Captioning:

BVR now has closed captioning on all 2019 past programs. To try out this enhancement, subscribers can login to the Desktop Learning Center, select a program, and click play video. The captions will start to play automatically, and can be disabled from the player per your preference.


Business Valuation Resources 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
NASBA Sponsor


Training Packs: Conference Recordings & Transcripts
Now delivered as an electronic download.

BVR's Training Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.

Delivered as an electronic download approximately four weeks after the program has aired, each Training Pack includes:

  • Recordings and transcripts of the presentation
  • All presentation visual aids and handouts
  • All ancillary reading materials suggested by our presenters

For a complete list of available Training Packs from past webinars, click here.

Subscriber Information

Subscribers to BVR's Training Passport and BVR's Training Passport Pro are automatically registered for this event. For more information contact BVR or login to your account.

Registration for this program is not available.
Purchase a Training Pack from this event*

BVR's Satisfaction Guarantee:
Business Valuation Resources offers a 100% money-back guarantee on our training services. If you are not completely satisfied with your experience, or have any feedback, please contact Business Valuation Resources at 1-503-479-8200 or customerservice@bvresources.com.