Mellen notes, “Considering the current level of M&A activity, I’ve seen a marked increase in demand for valuations of shares of privately held companies…”
During robust M&A cycles, donor-advised funds tend to become popular philanthropic vehicles.
Q&A: How is the Tax Cuts and Jobs Act impacting company value and valuation approaches?
What did the 2017 Tax Act change that would impact estate planning?
A qualified appraisal is required by the IRS for donations of assets including tangible, intangible and stock
The IRS requires donors and donee organizations to supply certain information to prove a taxpayer’s right to deduct charitable contributions.