BV552 Key Updates for Valuing S Corps, LLCs, and Partnerships

Webinar Description

The debate over how to value pass-through entities (S corporations, LLCs, and partnerships) has raged in the courts and academia for decades. In recent years, landmark court rulings and shifting tax regulations have further complicated the valuation landscape. I will explain the good, the bad, and the ugly offered in important recent court decisions including Kress v. U.S., Estate of Jones, Estate of Michael Jackson, Ryan v. Ryan, and Estate of Cecil. I will also explain how to use the Van Vleet Model (SEAM) to value pass-through entities, and demonstrate how to adjust the model for potential changes in tax laws, such as the scheduled 2026 sunsetting of key attributes of the Tax Cuts and Jobs Act.

Instructional Methods

Methods include lecture, visual PPT presentation and polling questions. 

Course Audience

Business valuation professionals, accountants, business owners and executives, corporate/tax/estate attorneys, and wealth advisors.

Learning Level 

Intermediate

1. Overview of business taxation: C corps vs. pass-through entities. 
2. Introduction to the Van Vleet Model - when and how to use it. 
3. Key takeaways from recent landmark court  decisions regarding PTE valuation. 
4. Impact of the Tax Cuts and Jobs Act on C corp and PTE valuation. 
5. How to adjust Van Vleet Model (SEAM) for recent and future tax law changes. 
6. Discuss the status of current tax law proposals and potential impact on business valuation.

Upon completion of this course, students will be able to:

• Understand the differences between C corporations and pass-through entities and how those differences impact valuation; 
• Use the Van Vleet Model (also known as the SEAM) to value a pass-through entity, in conjunction with the various methods of the income, market, and asset approaches; 
• Identify key takeaways from recent federal and state court decisions that address the complex issues involved in valuing pass-through entities; and 
• Adjust valuation inputs and modeling to account for potential future changes in tax law.

eMaterials

All course materials included with you registration are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. All downloadable materials are accessible via your education dashboard (login required). Once eMaterials have been posted for download, the class is no longer refundable.

Accessing eMaterials

eMaterials are provided electronically in PDF format and posted to the class the morning of the live event and listed within the education dashboard for all registrants to securely access prior to the start of the webinar. When opting to print downloadable materials, it is recommended that settings be adjusted to print in black and white (or grayscale) and consider printing double-sided on recycled paper.

Certificate of Completion

A certificate of completion will be available to view and/or download immediately via your education dashboard once all required components are completed.