June 7th, 2018

What You Need to Know About DLOMs and the IRS

The DLOM is one of the most common adjustments by IRS valuers, so you need to know how to minimize the potential of your business valuation report being audited on this issue.

From Michel Gregory’s most recent book on Business Valuations and the IRS: Five Books in One, Mike provides you with the highlights of what you need to know about Discounts for Lack of Marketability (DLOM) when providing a business valuation report for federal tax purposes.

Examples from the text are shared with participants so that participants can learn how to avoid an audit of their business valuation, and if audited, how to work with the IRS to resolve the issue if raised.

The most common methods used are presented with editorial comments on how the IRS looks at various methods based on real world experiences and examples. This is a must for anyone who prepares a business valuation report for federal tax purposes.

Learning Objectives

Participants will:

  • Know how the IRS reviews DLOMS and classifies business valuation reports
  • Learn how the IRS evaluates DLOMs
  • Understand how to modify your report to minimize the possibility of an audit
  • Learn how to work with the IRS to resolve this and other issues based on brain science
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AGN International
2018 North American Regional Meeting