Qualified Appraisals and Qualified Appraisers: Expert Tax Valuation Witness Reports, Testimony, Procedure, Law, and Perspective

An Indispensable Source of Information, Insight, and Practical Solutions for Appraisers, Tax Professionals, and Attorneys

In order for an appraisal to satisfy the requirements set forth by Congress, the IRS, and the U.S. Department of the Treasury it must be performed by an appraiser qualified to appraise the specific type of property or asset in question. What constitutes a qualified appraisal? Who is a "qualified appraiser"? How do appraisals for various types of properties or other assets differ? This book systematically answers these, and every question appraisers, tax professionals, and attorneys may have concerning the complex laws governing appraisals and valuation reports.

Make sense of the laws and regulations surrounding qualified appraisals and qualified appraisers Discover proven solutions to virtually every problem that can arise with appraisal reports, from a U.S. tax perspective Benefit from the knowledge and experience of distinguished authorities on expert testimony Explore cases illustrating the nuances and potential pitfalls involved in the application of appraisal law

Qualified Appraisals and Qualified Appraisers gives you the answers you need to fully and confidently comply with the law and produce work that meets the latest standards.

MICHAEL R. DEVITT, CPA, JD, MS, is Professor–in–Residence at the University of San Diego Law School. He was managing partner of a law firm where he practiced complex civil litigation in various jurisdictions around the U.S. and lead counsel in several high–profile cases dealing with fraudulent financial reporting, which have resulted in hundreds of millions of dollars in combined recoveries. He is a frequent lecturer on evidence, financial reporting, accounting, litigation, ethics and other topics.

LAWRENCE A. SANNICANDRO, LLM, JD, MBA, is a tax controversy and litigation attorney with McCarter & English, LLP. He regularly represents clients in audits before the IRS Office of Appeals, and in litigation before the United States Courts of Appeals, the United States Tax Court, the United States Court of Federal Claims, and United States District Courts. Prior to entering private practice, Mr. Sannicandro served as a law clerk for the United States Tax Court, and before that, as an attorney for the IRS. Mr. Sannicandro has written extensively on tax practice and procedure.