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Tax and Compliance

Tax and Compliance

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Whether you are tax planning for a Fortune 1000 company, a multi-national corporation, an emerging business or your own personal gifts and estate, Clifton Gunderson's valuation services are a critical team member in tax compliance and planning strategies. We provide independent, objective and comprehensive valuation opinions for tax reporting, such as–

409A Valuation Services

Clifton Gunderson provides an end-to-end solution for your 409A business requirements including independent valuations to assist companies in setting exercise prices on stock option grants to satisfy IRC 409A regulations.

Estate and Gift Tax Valuations

With estate and gift tax rates that can exceed 45 percent, and penalties for undervaluation that can be as high as 40 percent of the underpayment of tax, it is vital to properly document the value of all assets that are the subject of either gifts or estate transfers.

We have provided valuation services for many purposes including–

  • Gifting of controlling and minority interests in partnerships, LLCs, and corporations, for federal gift and estate tax purposes.
  • Valuation of limited partnership interests, or other minority interests for sale, to defective grantor trusts.
  • Valuation of partial interests in real estate.
Charitable donations (Sec. 170)

Rules for charitable donations have been through major revisions as a result of the 2006 Pension Protection Act. It is now necessary to provide a "qualified appraisal," prepared by a "qualified appraiser," for all gifts valued over $5,000.

With these requirements, it will no longer be possible to rely on informal valuation opinions provided by non-credentialed individuals. The valuation professionals at Clifton Gunderson meet the "qualified appraiser" requirements, and produce reports that meet the "qualified appraisal" definition.

For valuation services inquiries, please email vfs@cliftoncpa.com.