BV507-WEB - Valuable Valuation Developments

Registration

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Webinar Course Description

Over the past two years, there have been major case law developments relating to the valuation of closely held business.  This presentation will address valuation issues in, both decided and pending, opinions before the U.S. Tax Court and other federal courts.  Topics include, but are not limited to: (1) tax-affecting and its history; (2) use and weight of approaches when valuing a closely held business; and (3) other practical tips valuation analyst should consider in an ever changing tax environment.  The presenters will also discuss ways analyst can work with controversy and planning counsel when developing a valuation. 

Course Audience

Business valuation appraisers

NASBA and Continuing Professional Education (CPE) Credit

The American Society of Appraisers is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.learningmarket.org.

CPE Credit: (2) Hours in Specialized Knowledge
Program Level: Intermediate
Delivery Method: Group-internet based courses are approved for CPE
Prerequisites: None
Advanced Preparation: None
Policies: ASA's Refund and Cancellation Policy and ASA's Complaint Resolution Policy

Instructor Information

Timothy K. Bronza , ASA

Timothy K. Bronza is the president of Business Valuation Analysts, LLC.  He valued business interests for over 25 years for a variety of purposes with an emphasis on valuations prepared for federal tax transactions.  He is an Accredited Senior Appraiser (ASA) in Business Valuation and a Florida Certified Public Accountant.  He has successful completed both the Advanced Valuation Program at the New York University Leonard N. Stern School of Business and currently serves as a Co-Chair of the Tax Litigation & Controversy Committee of the Real Property Trust and Estate Law Section of the American Bar Association.

Mr. Bronza is a frequent speaker and author on the topic of business valuation.  He was a faculty member at the 48th Annual Heckerling Institute on Estate Planning.  He has also lectured before various American Bar Association and Florida Bar groups and he has been a guest lecturer at the University of Florida’s Levin College of Law Graduate Tax Program and Cornell Law School. Mr. Bronza has authored articles published in a number of regional and national publications including the Florida Bar Journal, the Journal of Financial Planning, West Group’s Estate and Personal Financial Planning and Valuation Strategies.

Abigail Earthman | Attorney

Abigail Earthman is a member of Winstead’s Wealth Preservation Practice Group in Dallas, Texas.  She handles federal gift and estate tax litigation against the Internal Revenue Service across the country, as well as state fiduciary and probate controversy work in Texas courts.  Abigail also counsels clients nationally regarding complex estate administration and litigation and audit risk minimization. And she speaks nationally on Cryptocurrency and estate planning for digital assets.
 
She is a past Fellow of the Real Property, Trust and Estate Division of the American Bar Association, where she serves as Chair of the Tax Litigation and Controversy Committee and the Digital Property Committee. Abigail is also a current Dennis I Belcher ACTEC Young Leader.  She received her J.D. from Texas Tech University School of Law and an LL.M in Taxation from Georgetown University Law Center.  Abigail has represented clients before the United States Tax Court and United States District Courts in the Northern and Southern Districts of Texas.

Agenda

There is no available agenda for this course.

Learning Outcomes

Upon completion of this course,students will be able to:

• Understand tax-affecting and its history;
• How to address tax-affecting in valuation opinions going forward given the recent U.S. Tax Court Opinions;
• Recognize how the Tax Court is ruling on valuations involving operating entities that also hold assets of significant value and what valuation approaches are considered in these scenarios;
• Effectively work with planning and litigation attorneys, accountants, and third-parties; and
• Implement practical tips on how to approach a valuation of a closely held business in a federal tax environment.