IRS cracking down on inaccurate appraisals
$225.00
Description
Abstract: Although the Pension Protection Act of 2006 (PPA) may seem like old news, its repercussions are still being felt in the valuation community. Namely, the IRS is using provisions of the act to rein in abusive appraisal practices. This article tells how and why taxpayers and appraisers alike may be subject to sanctions for valuation misstatements related to noncash charitable contributions.
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