Gift & Estate Tax Reporting
Accurate valuations of your business are essential when it comes to reporting your taxes. In order for gifts or estates to be properly evaluated and distributed, your business must have proper documentation on its overall value and tax reporting. Without proper valuations of your business, the taxes on gifts or estates may be difficult to determine. Precise reporting on the fair market value of your company or a partial interest in a limited partnership (“LP”) or limited liability company (“LLC”) is critical to its continuing operation as well as the outcome of estate or gift reporting requirements. We have developed long-standing relationships with numerous estate planning law firms and accounting professionals in the gift & estate tax reporting space.