Columbia Financial Advisors provides valuations for tax purposes, including gifting, estate tax, charitable donations, recapitalizations, S Corporation conversions and family limited partnerships. We have successfully defended our appraisals in IRS audits and reviews. Our senior appraisers have testified as expert witnesses in U.S. Tax Court and other courts of law. In addition, we perform work for the IRS.
A fully documented narrative appraisal report performed at the time of the taxable event is the best defense against an IRS challenge.
We present our appraisal conclusions in reports that address all the factors listed in Revenue Ruling 59-60. And, the valuation methodology and analysis include tables and schedules to support the appraisal.