Some Helpful Tips

For those who question the validity of a VALUATION…….

For those individuals who desire to do just enough to document a file by getting sub-standard valuation work completed, such as threadbare valuations as referenced in the IRS October 1, 2008 Director Memorandum on the subject entitled Rollovers as Business Startups (ROBS) or choose to ignore the business valuation as being a compliance requirement, will find themselves at odds with the Department of Labor and the Internal Revenue Service if they are discovered.

Posted in valuation.