There are no prerequisites.

Course Description

Valuation is a core concept in taxation, with the hypothetical party FMV standard of value well-established. However, the subjectivity surrounding this standard of value requires careful planning and implementation of transactions that have valuation discounts as one of their goals. Since family transactions are the subject of close scrutiny by IRS and the courts, careful planning here involves a true understanding of the concept of value and how to support and defend value conclusions.

With over 75 pages of course materials and discussion of multiple valuation case studies, course participants will be provided with insights in 'playing the valuation game.' This course reviews a number of special valuation rules, including the AFR minimum interest rule of IRC Sec. 7872 and the Chapter 14 provisions which are IRC Secs. 2701-2704, inclusive. Also, possible legislation on valuation issues will be considered and IRS audit strategies reviewed.


Owen Fiore, JD

Owen Fiore, JD, owner of FioreWealthPlanningConsulting, advises high-wealth business owners and investors and their advisors on family succession planning, the effective uses of entities, and valuation issues in order to assist in building, managing, and preserving wealth. For over 40 years, Owen was a tax and estate planning lawyer in California and is now based in Idaho. He achieved a national reputation as a proactive planner and tax litigator, including having several published tax court decisions that resulted from his representation of clients in IRS audits, at appeals, and in U.S. Tax Court.

Owen has lectured nationwide at numerous tax institutes and conferences, including the AICPA’s Tax Strategies for the High-Income Individual and Advanced Business Valuation conferences, the NYU Institute on Federal Taxation, and more. Owen is a regular contributing author to CCH Business Valuation Alert magazine and the LISI Estate Planning Newsletter.

Course Specifics

Jan 6, 2017
There are no prerequisites.

Compliance Information

IRS Provider #: OMYXB
IRS Course ID: 0MYXB-T-01099-16-S
IRS Federal Tax Law Credits: 2
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1144
CTEC Federal Tax Law Credits: 2
Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:

Section 1

  • Identify the objectives of transfer tax planning and the process involved in implementing those objectives.
  • Cite relevant details and factors that can influence valuations.

Section 2

  • Recognize court cases to identify key valuation issues that can be applied to client situations.

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy

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