Gift and Estate Tax

Taxpayers face increasingly complex and ever-evolving regulatory issues and scrutiny. At BVA Group, we have the expertise and experience to address those issues. BVA performs valuation services for federal gift and estate tax purposes. Examples of business interests valued for gift and estate tax purposes include the following:

  • Closely-held corporations (common stock, preferred stock, and options/warrants)
  • Restricted stock
  • Family limited partnerships and LLCs
  • Large blocks of public stock
  • Stock options and other derivatives
  • Investments held by Grantor Retained Annuity Trusts (GRATs) or other Trusts
  • Notes receivable

Our reports render a fair market value opinion that meets IRS standards including Revenue Ruling 59-60. Our valuation reports are also prepared in accordance with the highest professional standards including the Statement on Standards for Valuation Services promulgated by the American Institute of Certified Public Accountants, as well as the Uniform Standards of Professional Appraisal Practice as promulgated by The Appraisal Foundation.

Through research, continuing education, and by maintaining active roles in various professional valuation and estate tax organizations, our valuation experts are knowledgeable about the most recent applicable tax court cases, legislation, related revenue rulings, and IRS Code sections. Our professionals possess in-depth knowledge of proven and accepted valuation approaches and methodologies. Our professionals provide objective analysis that is supportable and defensible, based on the latest market data and valuation industry guidelines.

BVA stays current with the latest developments and emerging gift and estate tax valuation issues through active participation in valuation study groups, conferences, and subscriptions to newsletters and other publications. As a result, we stay abreast of the latest gift and estate tax valuation issues including quantifying discounts for lack of control or discounts for lack of marketability.