This book presents expert commentary on the issue of Valuing Non-Controlling Interests in S Corps in Part One and offers the IRS Job Aid with commentary by the original IRS issue champion to help you with this issue in Part Two.
The IRS internal white paper entitled “The IRS Valuation of Non-Controlling Interests in Business Entities Electing to be Treated as S Corporations for Federal Tax Purposes, A Job Aid for IRS Valuation Professionals” dated October 29, 2014 is reviewed, and Michael Gregory provides insights to help you the business appraiser respond to this commentary.
This recently obtained IRS document presents background on this topic area from the perspective of the IRS. This document was written to help IRS professionals that are examining S-Corp valuations. Major elements of this document are presented and Michael Gregory offers his insights as to what this might mean for business valuers providing S-Corp valuations for federal tax purposes.
Part One introduces the topic of valuing non-controlling interests in S Corps to set the framework related to this issue. This is an updated chapter from "Business Appraisals and the IRS" offering fresh insights on this topic.
Part Two contains the IRS Non-Controlling Interest in S Corps Job Aid on the right with commentary by Michael Gregory on the left. By reading the IRS Non-Controlling Interest in S Corps Job Aid on the right with commentary on the left, this leads the reader back to specific commentary from Part One to assist the reader in gaining additional insight on this issue.