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Mercer’s Musings #1: USPAP and the Internal Revenue Service

Chris Mercer

This first musing relates to the need (or not) to comply with the Uniform Standards of Professional Appraisal Practice promulgated by The Appraisal Foundation in gift and estate tax appraisals prepared for the Internal Revenue Service. Regarding business appraisers, I cannot find a direct requirement that USPAP be followed.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Josh Putnam | Ernst & Young LLP Business valuation professional with extensive experience in the valuation of the business enterprise, equity and intangible assets. Industry sectors include Media & Entertainment, Retail and Consumer Products and Private Equity.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Marsac specializes in business enterprise valuations and intangible-asset valuations. Additionally, she completes valuations of financial instruments including preferred and common stock in complex structures for publicly and privately held companies and equity derivatives. Jacquelyn Marsac | VRC Ms.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Fishman, FASA, is a Managing Director of Financial Research Associates and has been actively engaged in the appraisal profession since 1974. He specializes in the valuations of business enterprises and their intangible assets. is a partner and the leader of the National Matrimonial and Business Valuation groups of Marcum LLP.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Tax Valuation Services. Michael is part of the Industrial Products industry group of the firm and Co-Head of U.S. Tax Valuation Services.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

This paramount event provides an experience unlike other appraisal conferences, offering timely content for all appraisal professionals spanning Business Valuation, Personal Property, Machinery & Equipment, Real Property, Gems & Jewelry as well as Appraisal Review & Management.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Shannon Pratt wrote and published the groundbreaking first edition of Valuing a Business in 1981. The new 6 th edition was written by some of the most accomplished appraisers in the profession in honor of Dr. Pratt and with his input and blessing prior to his passing earlier this year. Pre-orders are currently being accepted.