The Wealth Strategies Journal has posted a new article entitled, "Warning! The Service Believes S Corporations are Undervalued," by Daniel R. Van Vleet.
From the article: "The 1999 decision of Gross v. Commissioner ("Gross") fundamentally changed the manner in which valuation experts and the Tax Court treat valuations of S corporations. In this decision, the Tax Court accepted a valuation that concluded that S corporation shares, due to the unique tax characteristics of S corporations, are inherently more valuable than C corporation shares."
You may read more here.
Leave a comment