Business Valuation Resources, LLC

BVR's 5th Annual Online Symposium on Estate & Gift Tax: Part 4
Pass-Through Entity Discounts for Built-In Capital Gains Taxes

Date: Tuesday, January 8, 2013
10:00am-11:40am PT / 1:00pm-2:40pm ET
Format: A BVR Webinar

Earn 2 CPE credits
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Register for this program:

Webinar - $179
Training Pack* - $179
Webinar & Training Pack* - $269

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Series Passes:
Subscribe to BVR's Online Symposium on Estate & Gift Tax - $599

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*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 more information):

Mel H. Abraham
Mel Abraham, Inc.

William Frazier
Stout Risius Ross, Inc.

Why You Should Attend

Through Jensen, Dunn, Jelke, and other cases, courts have weighed in on the methodologies and practices used in assessing the value of pass-through entities, like family limited partnerships and limited liability corporations, and C Corps. In doing so they have left both guidance and confusion as to the treatment of built-in capital gains taxes. In this webinar, part 4 of BVR's 5th Annual Symposium on Estate & Gift Tax, experts Mel Abraham and William Frazier join BVR to discuss these and other issues relating to built-in capital gains taxes. Hear what appraisers should know and consider in order to produce a more defensible conclusion of value in this tricky area.


  • Historical overview
  • C Corp cases
    • Evolution of valuation methodology
    • Valuation issues
  • Built-in gains in S corps
    • Court cases
    • C to S conversions and the recognition period
    • S corps (no recognition period)
  • Built-in gains in other LLCs and FLPs
    • Is this appropriate?
    • How is it measured?

Learning Objectives

  • Learn how built-in capital gains taxes have driven valuation methodologies and practices
  • Learn how the courts have treated pass-through entities with regard to built-in capital gains taxes
  • Understand how judicial decisions have affected valuation practices
  • Learn how built-in capital gains taxes are treated across various types of pass through entities

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).

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CPE Credits for Unlimited Listeners
Have as many eyes and ears take advantage of your registered connection as possible: CE credit is available for an unlimited number of listeners to any registered line. To add listeners for CE credit, please complete the Additional Listener form included on your webinar dial-in instruction email. We'll send dial-in instructions one to two days before our program, and will provide information directly to those listeners you identify approximately one hour before our program.

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group Internet-Based
Recommended CPE: 2 Credit Hours (Taxes and Specialized Knowledge & Applications)

Business Valuation Resources, 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 submitted to the National Registry of CPE Sponsors through its website:
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All BVR training events are eligible for continuing education credits from the Exit Planning Institute's Certified Exit Planning Advisor (CEPA) program. Credits are based on a 50-minute hour. Final acceptance is at the discretion of the Exit Planning Institute.

Training Packs

BVR's Training Packs are an indispensable addition to any valuation reference library, or the perfect alternative when you cannot attend the session live.

Each Training Pack is delivered approximately 2-4 weeks after the program has aired, and includes:

  • Video file (MP4)
  • Audio file (MP3
  • Transcript of the presentation
  • A copy of the presentation slides
  • A copy of the reading materials, visual aids, and handouts

Please note, CPE is not available with Training Packs.

BVR's Guide to Business Valuation Issues in Estate and Gift Tax

While estate and gift tax issues is still one of the top revenue producers for business appraisers, this area of the valuation industry continues to face new challenges.

Issues such as tax-effecting S-Corporations, non-signing tax preparer penalties, and legal challenges from the IRS continue to complicate the estate and gift arena. It is crucial for appraisers practicing in this area to stay current with the legal arguments, regulations and technical theory that apply to estate and gift issues relating to the business valuation profession.

BVR's 5th Annual Online Symposium on Estate & Gift Tax
Recent Cases, Rulings and Interpretations in Estate & Gift Tax Valuation
Tuesday, February 5, 2013
Featuring: Linda Trugman and L. Paul Hood
OD Pack Past events from the Online Symposium on Estate & Gift Tax
Family Limited Partnerships: The Current Landscape
Tuesday, October 2, 2012
Featuring: John Porter
Non-marketable Investment Company Evaluation Method
Thursday, November 8, 2012
Featuring: William Frazier and Ashok Abbott
Using Empirical Data to Value Family Limited Partnerships
Tuesday, December 4, 2012
Featuring: Bruce Johnson
Pass-Through Entity Discounts for Built-In Capital Gains Taxes
Tuesday, January 8, 2013
Featuring: Mel Abraham and William Frazier

BVR's Satisfaction Guarantee:
Business Valuation Resources offers a 100% money-back guarantee. If you are not completely satisfied with your conference experience, or have any concerns or complaints, you may contact Business Valuation Resources at (503) 291-7963, or mail to BVR, LLC, 1000 SW Broadway, Suite 1200, Portland, OR 97205.