When was the last time you read Revenue Ruling 59-60? Do you understand how business appraisers utilize the Ruling in income and estate & gift tax valuation engagements? Would you like an easy resource that explains how the Ruling is applied in the real world? Revenue Ruling 59-60 is over 50 years old and it continues to be a foundational document for estate planning and business valuation professionals. This book is a non-technical resource. It clearly explains how business appraisers attempt to translate the guidance found in the Ruling into actual valuation engagements. This book contains an overview of Revenue Ruling 59-60, a discussion of fair market value vs. the real world, the Ruling's application to operating companies, asset-holding entities, and intangible asset valuation, guidance on selecting a business appraiser, an extensive bibliography and discussion of landmark Tax Court cases, and a reprint of the Ruling itself. Clear, concise, and to the point, this book should be a part of every estate planner s library.
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Mercer Capital is an employee-owned independent business valuation and investment banking firm. We are one of the largest business valuation firms in the nation, serving both private and public companies, as well as high net-worth families.
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