Business Valuation And Taxes

Author : David Laro,Shannon P. Pratt
Publisher : John Wiley & Sons
Page : 482 pages
File Size : 51,7 Mb
Release : 2005-04-22
Category : Business & Economics
ISBN : 9780471709954

Get Book

Business Valuation and Taxes by David Laro,Shannon P. Pratt Pdf

Disputes over valuation issues fill the court's dockets and for good reason, fair market valuations are required frequently by the law. The authors believe that approximately 243 sections of the Code and several thousand references in the Regulations explicitly require fair market value determination. Consequently, taxpayers file an estimated 15 million tax returns each year reporting an event involving a valuation related issue. It is no mystery, therefore, why valuation cases are ubiquitous. Today, valuation is an important and highly sophisticated process. Valuators need legitimate guidance to perform their work. The objective of this book is to provide knowledge, and guidance to those who do the valuations as well as those who are affected by them. This unprecedented text provides: Clear guidance and perspective on business valuation from two of the nation’s top authorities, Hon. David Laro and Dr Shannon Pratt. Insightful perspective and discussion on critical issues, procedures and law pertaining to business valuation. An overview of business valuation procedures Law and techniques of Fair Market Value Opinion from the Hon. David Laro and Dr. Shannon Pratt who express their unique and critical views. The business valuer with everything from the basics to the sophisticated. From definitions to valuing complex business interests, what you need to know about business valuation. Everything from empirical market evidence to credible expert business valuation testimony discussed and analyzed by the Hon. David Laro and Dr. Shannon Pratt.

Author : David Laro,Shannon P. Pratt
Publisher : John Wiley & Sons
Page : 532 pages
File Size : 55,5 Mb
Release : 2011-05-03
Category : Business & Economics
ISBN : 9780470601624

Get Book

Business Valuation and Federal Taxes by David Laro,Shannon P. Pratt Pdf

Business Valuation and Federal Taxes Procedure, Law, and Perspective SECOND EDITION Combining the expert knowledge of Senior Judge David Laro and Shannon Pratt, Business Valuation and Federal Taxes, Second Edition presents the authors' decades of experience, with advice on everything practitioners need to know about the relationship between federal taxes and valuation, and specifically valuations relating to business interests. This reference features indepth examinations of numerous topics that are particularly important to practitioners and explores a broad understanding of the basic knowledge needed to appreciate business valuation. Valuators, CPAs consulting on valuations, attorneys, corporate development officers, and intermediaries on business valuation will benefit from insightful discussions on topics ranging from general definitions to valuing complex business interests, as well as new discussions of: Personal versus enterprise goodwill New materials on transfer pricing and customs valuations and how recent markets have affected both the income and market approaches Coverage of FAS 157 and the many changes to penalties and sanctions affecting both taxpayers and appraisers Several important new court cases Coverage is also included on standards of business valuation, IRS positions, burden of proof in valuation controversies, questions to ask business valuation experts, economic and industry analysis, and tax-affecting passthrough entities. Complete with a full overview of the laws, procedures, and approaches related to business valuation, this invaluable reference is a wellspring of vital information on valuation approaches, techniques, finance-related issues, burden of proof, standards, choice of entity, and much more.

Author : Shannon P. Pratt
Publisher : John Wiley & Sons
Page : 386 pages
File Size : 45,5 Mb
Release : 2004-03-15
Category : Business & Economics
ISBN : 9780471432654

Get Book

Business Valuation Body of Knowledge by Shannon P. Pratt Pdf

Written by Shannon Pratt, one of the leading gurus in the business valuation field. Case study approach includes problems, solutions, and over 100-multiple-choice test questions. A reference and review of the core body of knowledge for those who need a grasp on business valuation even though they might not be seeking a professional designation.

Author : Shannon P. Pratt
Publisher : John Wiley & Sons
Page : 429 pages
File Size : 52,8 Mb
Release : 2006-02-22
Category : Business & Economics
ISBN : 9780471775416

Get Book

The Market Approach to Valuing Businesses by Shannon P. Pratt Pdf

Your Best Approach to Determining Value If you're buying, selling, or valuing a business, how can you determine its true value? By basing it on present market conditions and sales of similar businesses. The market approach is the premier way to determine the value of a business or partnership. With convincing evidence of value for both buyers and sellers, it can end stalemates and get deals closed. Acclaimed for its empirical basis and objectivity, this approach is the model most favored by the IRS and the United States Tax Court-as long as it's properly implemented. Shannon Pratt's The Market Approach to Valuing Businesses, Second Edition provides a wealth of proven guidelines and resources for effective market approach implementation. You'll find information on valuing and its applications, case studies on small and midsize businesses, and a detailed analysis of the latest market approach developments, as well as: A critique of US acquisitions over the last twenty-five years An analysis of the effect of size on value Common errors in applying the market approach Court reactions to the market approach and information to help you avoid being blindsided by a litigation opponent Must reading for anyone who owns or holds a partial interest in a small or large business or a professional practice, as well as for CPAs consulting on valuations, appraisers, corporate development officers, intermediaries, and venture capitalists, The Market Approach to Valuing Businesses will show you how to successfully reach a fair agreement-one that will satisfy both buyers and sellers and stand up to scrutiny by courts and the IRS.

Author : Hung Tuan Chu,Wayne Lonergan
Publisher : Unknown
Page : 311 pages
File Size : 45,7 Mb
Release : 2020
Category : Business enterprises
ISBN : 192234706X

Get Book

Valuations for Tax Controversies by Hung Tuan Chu,Wayne Lonergan Pdf

"At the heart of many tax controversy matters are unique valuation issues, which this book addresses. Filling the apparent gap in the existing collection of valuation and corporate finance textbooks, this is the first book which systematically goes beyond total business value assessment and addresses the practical issues regarding total asset value allocation which have huge tax, duty and commercial consequences. The conceptual frameworks developed in this book, despite their focus on capital intensive businesses employing specialised fixed assets, can also provide guidance for value assessment and apportionment in different types of businesses or in different tax contexts. Many of the issues raised in this book are at the cutting edge of valuation thinking. They reflect the evolving nature of the valuation body of knowledge and the need for valuers to continuously re-evaluate the existing body of knowledge, particularly in the face of diverse practical circumstances, and apply the broadened or updated knowledge to re-assess and improve existing valuation practices."-- Wolters Kluwer CCH Website.

Author : Shannon P. Pratt
Publisher : John Wiley & Sons
Page : 516 pages
File Size : 50,9 Mb
Release : 2009-04-27
Category : Business & Economics
ISBN : 9780470371480

Get Book

Business Valuation Discounts and Premiums by Shannon P. Pratt Pdf

Business Valuation Discounts and Premiums SECOND EDITION Discounts and premiums do not just affect the value of a company; they play a crucial role in influencing a host of other factors and conditions that can make or break a deal. When it comes to business valuations, it's the business appraiser's responsibility to be intimately knowledgeable with every aspect of discounts and premiums: the different types, the situations when they may or may not apply, and how to quantify them. In this newly updated edition of Business Valuation: Discounts and Premiums, Shannon Pratt—one of the nation's most recognized and respected business valuation consultants—brings together the latest collective wisdom and knowledge about all major business discounts and premiums. Addressing the three basic approaches to conducting a valuation—the income approach, the market approach, and the asset approach—Shannon Pratt deftly and logically details the different discounts or premiums that may be applicable, depending on the basic valuation approach used, and how the valuation approaches used affect the level. Clearly written and thorough, Business Valuation: Discounts and Premiums, Second Edition provides business appraisers, accountants, attorneys, and business owners with an arsenal of information for their professional toolkit that can be applied to every major evaluation case they might face in any deal. This updated edition features timely, comprehensive coverage on: Strategic acquisitions Extensive empirical data Pre-IPO marketability discount studies Merger and acquisition negotiations, empirical evidence from completed transactions, and positions taken by courts in litigations Strategic acquisition premiums Studies on minority discounts Detailed, authoritative, and complete in its coverage, Business Valuation: Discounts and Premiums, Second Edition gets to the core of one of the more complex challenges faced by business appraisers, and arms readers with the understanding and techniques needed to successfully meet and exceed their job expectations.

Author : Lawrence W Tuller
Publisher : Simon and Schuster
Page : 320 pages
File Size : 40,9 Mb
Release : 2008-08-17
Category : Business & Economics
ISBN : 9781440501142

Get Book

The Small Business Valuation Book by Lawrence W Tuller Pdf

How much a small business is worth can be difficult to determine, but when a business is about to change hands, a fair and objective valuation is crucial to the sale. This book is an invaluable resource for business owners or buyers looking for accurate small business appraisals. This completely revised and updated book outlines the major valuation methods, including discounted cash flow, excess earnings, asset value, and income capitalization. This edition includes completely new material on the following topics: exploring the 8 myths of business valuations; using the Internet for research; and advice on startups and first generation service businesses. With this book, appraising a business has never been easier—or more accurate!

Author : Ian R. Campbell,Canadian Institute of Chartered Accountants
Publisher : Unknown
Page : 424 pages
File Size : 47,5 Mb
Release : 1984
Category : Business enterprises
ISBN : UGA:32108013225209

Get Book

Business Valuation by Ian R. Campbell,Canadian Institute of Chartered Accountants Pdf

Author : L. Paul Hood, Jr.,Timothy R. Lee
Publisher : John Wiley & Sons
Page : 416 pages
File Size : 47,6 Mb
Release : 2011-03-31
Category : Business & Economics
ISBN : 9781118025635

Get Book

A Reviewer's Handbook to Business Valuation by L. Paul Hood, Jr.,Timothy R. Lee Pdf

Thorough guidance and detailed analysis of the valuation business engagement Discussing the practical aspects of business valuation that arise in the context of a tax valuation, this book provides you with detailed analysis of the valuation business engagement process. Detailed discussion is included of various cases outlining errors that appraisers have made in appraisal reports, as well as in-depth discussion of the current appraisal industry issues that are impacting tax valuations. Examines concepts and topics including level of value, the role of estate planners in the business valuation process, the use of appraisers in estate planning and litigation, and the appraiser identification/selection process Provides insight into the nature of the major appraisal trade associations Offers insights into preventing errors from getting into appraisal reports This helpful guide provides you with the detailed discussion you need on the various business valuation standards that have been promulgated by the Appraisal Standards Board as well as several appraisal trade associations.

Author : John A. Bogdanski
Publisher : Unknown
Page : 1104 pages
File Size : 43,8 Mb
Release : 1996-01-01
Category : Income tax
ISBN : 0791326004

Get Book

Federal Tax Valuation by John A. Bogdanski Pdf

Author : Gary R. Trugman
Publisher : John Wiley & Sons
Page : 263 pages
File Size : 52,6 Mb
Release : 2018-08-13
Category : Business & Economics
ISBN : 9781945498961

Get Book

Understanding Business Valuation Workbook by Gary R. Trugman Pdf

This is the workbook to be used in conjunction with Understanding Business Valuation, Fifth Edition, covering various valuation approaches, methods, and techniques. This fifth edition simplifies a technical and complex area of practice with real-world experience and examples.

Author : Robert F. Reilly
Publisher : McGraw Hill Professional
Page : 610 pages
File Size : 48,8 Mb
Release : 1999-09-15
Category : Business & Economics
ISBN : 0071379037

Get Book

The Handbook of Advanced Business Valuation by Robert F. Reilly Pdf

International cost of capital...blockage discounts . . . valuation issues unique to ESOPs...specific valuation issues for sports teams...capital structure in emerging growth companies...methods for calculating equity risk premiums...These days, understanding the complex issues in advanced business valuation requires a team of experts. The HANDBOOK OF ADVANCED BUSINESS VALUATION is your team of valuation experts—nationally recognized practitioners and legal minds from across the country who provide authoritative answers and innovative solutions to your most perplexing valuation questions. Structured in a user-friendly, general-to-specific arrangement, The HANDBOOK OF ADVANCED BUSINESS VALUATION represents a broad cross section of the latest conceptual thinking on the subject. Only in this thought-provoking volume will you find: Abstracts and interpretations of recent empirical studies in lack of marketability, blockage, and more; In-depth treatment of specialized valuation issues from many industries—including healthcare, technology, and sports franchises; Lucid, intuitive explanations of complex and esoteric procedures for intercompany transfer pricing analyses and ad valorem property tax appraisals. Like its predecessor volume VALUING A BUSINESS—which covered basic business valuation concepts and practices in authoritative, all-encompassing fashion—The HANDBOOK OF ADVANCED BUSINESS VALUATION provides a new benchmark of advanced, contemporary discussions for investors and experienced business valuation practitioners. Valuation experts from PricewaterhouseCoopers, Ernst & Young, Willamette Management Associates, Arthur Andersen, American Appraisal Associates, and more combine their expertise in this well-written, thoughtful, and convincing reference—one with absolutely no close rival in the flourishing field of business valuation and security analysis.

Author : Shannon P. Pratt
Publisher : Wiley
Page : 192 pages
File Size : 46,9 Mb
Release : 2003-06-17
Category : Business & Economics
ISBN : 9780471432661

Get Book

Business Valuation Body of Knowledge Workbook by Shannon P. Pratt Pdf

Sample exam questions and updated information on the latest developments in the field for valuation candidates and professionals Includes questions and exercises that typically appear on accreditation exams Covers the most frequently encountered errors on reports and in examinations Reflects the latest business valuation developments, viewpoints, court case references, and data resources Contains hundreds of multiple-choice and true/false questions, short problems, and fill-in-the-blank questions Includes eight hours of CPE credit through a self-study examination A companion to Shannon Pratt’s Business Valuation Body of Knowledge, Second Edition or a stand-alone resource, the Business Valuation Body of Knowledge Workbook, Second Edition keeps ABV, ASA, CBA, and CVA candidates and current practitioners up to speed on the latest developments in this constantly changing discipline. Order your copy today!

Author : Lisa Holton,Jim Bates
Publisher : John Wiley & Sons
Page : 379 pages
File Size : 40,5 Mb
Release : 2015-09-15
Category : Business & Economics
ISBN : 9780470344019

Get Book

Business Valuation For Dummies by Lisa Holton,Jim Bates Pdf

Buying or selling a business? Acquire the tools and learn the methods for accurate business valuation Business valuation is the process of determining the value of a business enterprise or ownership interest. Business Valuation For Dummies covers valuation methods, including advice on analyzing historical performance, evaluating assets and income value, understanding a company's financial statements, forecasting performance; estimating the cost of capital; and cash flow methods of valuation. Written in plain English, this no-nonsense guide is filled with expert guidance that business owners, managers at all levels, investors, and students can use when determining the value of a business. It contains a solid framework for valuation, including advice on analyzing historical performance, evaluating assets and income value, understanding a company's financial statements, estimating the cost of capital, business valuation models, and how to apply those models to different types of businesses. Business Valuation For Dummies takes you step-by-step through the business valuation process, explaining the major methods in an easy-to-understand manner with real-world examples. Inside you’ll discover: The value of business valuation, including when it’s necessary The fundamental methods and approaches to business valuation How to read a valuation report and financial statements The other players in the valuation process How to decide you’re ready to sell — and the best time to do so The three stages of due diligence: the meet and greet; the hunting and gathering; the once-over How to decide you’re ready to buy — and find the right business for you What due diligence means on the buying side of things When to call in the experts: divorce; estate planning and gifting; attracting investors and lenders This is an essential guide for anyone buying a business, selling a business, participating in a merger or acquisition, or evaluating for tax, loan, or credit purposes. Get your copy of Business Valuation For Dummies to get the information you need to successfully and accurately place a value on any business.

Author : Shannon P. Pratt
Publisher : McGraw-Hill Professional Publishing
Page : 774 pages
File Size : 43,9 Mb
Release : 1989
Category : Business & Economics
ISBN : 155623127X

Get Book

Valuing a Business by Shannon P. Pratt Pdf

The book serves three purposes: a comprehensive reference and update for currently active business appraisers, a complete self-contained text for both academic courses and beginning practitioners, and an easy-to-use reference for nonappraisers who use and/or evaluate business appraisals. Updated and revised, Valuing a Business, Third Edition, includes theoretical principles and practical techniques for effective business valuation, including the valuation of limited liability corporations, S corporations, and partnerships; greatly expanded treatment of valuation approaches and methods; new and expanded chapters on minority control and lack of marketability issues; a new checklist on reviewing a valuation report, designed for nonappraisers as well as active practitioners; hundreds of new data sources and bibliographical references; dozens of additional court case references; a new three-chapter section on valuing intangible assets; and new chapters on valuations for ad valorem taxes and income tax planning.