The Value of Sell-Side Due Diligence
Any sale of a business will involve a relatively intense due diligence performed by the buyer and their advisors. Often during this process a critical issue is revealed after much time and money has already been spent to negotiate the transaction. Such critical issues will usually cause delays and may reduce the value of the transaction...

Estate and Gift Tax Update
In the Estate of Helen M. Noble v.  Commissioner, TCM 2005-2 January 6, 2005, the Court valued closely held stock at its subsequent sales price (some 14 months after the date of death) less an inflation adjustment...

FWIW - Winter 2005

FWIW is intended to inform readers of developments in the field of valuation. The articles written may, or may not, reflect the opinion of the authors. Please note, any advice contained in this publication was not intended, or written, to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. This publication is distributed with the understanding that the publisher and distributor are not providing legal, accounting or other professional advice and assume no liability whatsoever in conjunction with the information contained within this publication.