How to Prepare a Discount for Lack of Marketability for the IRS

In this presentation Mike presents the major models and data sources for developing a Discount for Lack of Marketability (DLOM).   Mike critiques the IRS Job Aid that he championed while at the IRS and offers insights from the major modelers as well as his own insights on the major models from his experiences in the private sector to assist you, the business valuer, when preparing a DLOM for a federal tax or other purpose.