Changes in the IRS Business Valuation Community

ValuationIRSBusiness Valuation Community

Dec 28

Hi Welcome to ValuationPodcast.com - A podcast and video series about all things related to business and valuation.  My name is Melissa Gragg, and I  provide online divorce  mediation  and  valuation  services  in St. Louis Missouri.

Today we will discuss Changes in the IRS Business Valuation Community with a former IRS auditor Mike Gregory. Mike is a mediator in Minneapolis Minnesota, author of 12 books regarding various valuation topics and creator of the collaboration effect ®. He is a frequent speaker at estate planning council events and uses mediation techniques to deescalate situations.

Welcome Mike!

What are a few changes we can expect to see at the IRS relating to business valuations in 2022?
Has the IRS identified issues for audit in 2022?
What is an IDR (Information Document Request) and how does it relate to business valuation?
Why is an IDR necessary?
Do you have any federal cases relating to the IRS and business valuations you want to discuss?
What are a few tips for someone to avoid the IRS?
What steps should a person take if they are audited by the IRS?
Tell us more about you and your firm!