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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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USPAP Standards Rule 9-4 Creates a Problem for Business Appraisers

Chris Mercer

There Is a Problem in Business Appraisal Land. There were significant changes in Standards Rule 9-4 of the Uniform Standards of Professional Appraisal Practice regarding the development of business appraisals between 2005 USPAP and 2006 USPAP. louis video when looking for a video marketing company.

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No Marketability Discounts or Discounts for Illiquidity for Controlling Interests of Companies

Chris Mercer

My most recent post, titled Fair Market Value and the Nonexistent Marketability Discount , generated quite a discussion when posted on LinkedIn. The post provided a solid rationale that there is no such thing as a marketability discount for controlling interests of companies. ” (p.

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VALUING A CAR DEALERSHIP

The Mentor Group

Appraise the real estate. Estimate a reasonable market rent. Value the business enterprise (BEV) based on the reasonable market rent. The market is the barometer of "blue sky" value, and it reflects the success of the car/truck manufacturer. Add the real estate value to the above BEV.

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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. Manish has supervised and performed diverse valuation engagements for over 20 years involving business enterprises, intangible assets, equipment, and facilities.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

Likewise, Intellectual property valuations demand expertise in assessing intangible assets’ fair market value or arm’s length value, considering factors like market demand, technological advancements, and legal protections. He also serves as the Industrial Products Industry Leader 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. Pratt and Roger J.