Estate & Gift Tax Valuations: IRS Triggers, Discounts & Case Law

This episode is a fast-moving walkthrough of the cases and pitfalls that most often drive IRS attention. In a candid, practitioner-to-practitioner conversation, Dave, Natalya and Bruce break down what's changing, what's repeating, and what valuation pros can do now to reduce risk and improve defensibility.

You'll hear what Pierce v. Commissioner suggests about when a DCF can stand alone, why tax affecting still needs to be done "the right way," and how weak support for DLOM (and increasingly DLOC) can undermine an otherwise solid conclusion.
Actionable takeaway: tighten your work where challenges concentrate: discounts, tax affecting, projections, and documentation. And if you use AI for research or drafting, verify sources like your job depends on it—because it does. 

Continue reading to learn about key resources available to improve your valuation analyses.

Guests:   

• Natalya Abdrasilova, CPA/ABV, MAFF, Director of Valuation & Litigation Services, Boyle, Deveny & Meyer 
• Bruce C. Wood, CPA/ABV, Mtx, Director, Applied Economics

Host: David J Consigli, CPA/ABV, CDFA, Partner, SAX Advisory Group

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RESOURCES FOR FURTHER EXPLORATION
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FVS Valuation Podcast archives - Check out what we have to offer

Making a Case for Using the Market Approach for Determining Fair Market Value
Insights for Navigating Common Issues in Business Valuation - 2025 update
Grabowski's Take - Discount Rates, Risk, and the Future of Valuation

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