The discount for lack of marketability is an often-contested valuation adjustment that requires a particularly detailed process. When calculating any valuation adjustment, an appraiser obviously can’t just pick a number out of a hat. He or she must consider the situation and the unique characteristics of the interest that’s being valued. No Random Numbers Business valuation…

In today’s environment, it’s important for business owners to focus on the value of their company and what drives it. For asset-based businesses, such as real estate or securities holding companies, value drivers are fairly straightforward. Here’s a look at what drives value for operating businesses, such as retailers, manufacturers, professional service providers and construction firms. Eye…

Most people already understand the tax rules for individual charitable donations, including generous deductions that may be available to itemizers when they give cash or property to charity. But your business may also reap tax rewards for helping out a qualified charitable organization. Though the rules for business entities are similar to those for individuals, there are a…