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Home > Financial Services > Accountants > Valuation Professionals.
Valuation Professionals.
Maximize your wealth with business valuations for estate tax planning, gifting, and buy sell agreements. Their professional team offers confidential consulting for business owners and their professional advisors. Valuation Professionals serves the valuation needs of closely held business owners throughout California, Nevada, Arizona, Utah, Washington, Oregon, and Hawaii.
The goal of estate tax planning is to provide liquidity and continuity of the business. Valuation Professionals consults with attorneys, Certified Public Accountants, and financial planners in developing succession plans and estate and gift tax planning. An estate tax planning valuation needs to be clear about the interests being valued. Discounts from net asset value must be documented. The most common discounts are for a minority interest and the lack of marketability. Their reports document the methods used to arrive at these discounts to comply with the IRS guidelines described in Revenue Ruling 59 to 60. Each situation is different and a valuation professional needs to carefully consider which discounts apply and to what extent.
Many business owners undervalue their business entities for estate and gift tax purposes. This can have severe financial consequences. In determining the fair market value of a business entity the IRS requires more than a simple calculation. The methodology, theory and empirical evidence behind the fair market value determined in accordance with Revenue Ruling 59 to 60 must be well documented.
Business owners, high net worth individuals, and executors should substantiate the estate and gift tax planning process by engaging a qualified attorney, a financial planner with tax knowledge, and a qualified valuation firm to value their assets. This will ensure that the value determined is supportable. Their goal is to provide lasting solutions as frequently or infrequently as necessary for your specific business. They understand small businesses and know that their needs are often times as unique as their owners. With this in mind, they also maintain a referral network of professionals in various fields that are of importance to small businesses and their owners, so that their clients can receive top notch service in all areas of expertise.
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