
IRS Defense Record
Whenever tax season rolls around, fear of an audit may be present with your clients (or you, if you’re a business owner or involved with an estate). While most IRS audits are unlikely (1 in 100), clients filing valuations with estate tax returns are very likely.
The Quist team has a 100% success rate in defending valuations to the IRS on behalf of our clients. With 35+ years of experience in business valuation, we have performed hundreds of valuations for gift and estate tax purposes, and effectively defended valuation methodologies against the IRS for both small and large clients.
Here are some of the most common areas of scrutiny in an IRS audit:
Our valuation process is based upon our experience in this arena, as we know what to expect and proactively address issues in our reports in order to best position our clients with the IRS. (The best defense is a good offense.)
We’re a proud partner in preventing audits, and also managing audits when they do occur.
Click here to learn more about how we assist clients in a valuation or prepare for an audit.