Publications...

Munroe, Park & Johnson, Inc. provides a newsletter to its clients on a regular basis.  The newsletters are written by the principals of the firm and discuss valuation topics and recent appraisal-related court cases.  Please contact us if you would like to be added to the newsletter list.




The principals of Munroe, Park & Johnson, Inc. frequently provide articles to various publications.  Some of articles have appeared in PPC’s Guide to Business Valuation, Financial Planning, Commerce Clearing House’s BV Alert, San Antonio Business Journal, Texas Lawyer, Shannon Pratt’s Business Valuation Update and the ASA’s Business Valuation Review.  Some articles that may be of interest are shown below and can be accessed by clicking on the appropriate link.

Articles

Tax Court Demands More - Recent Tax Court decisions on FLPs indicate that judges are now carefully examining not only the amount of the discount taken but how the discount was derived. This article discusses what we should learn from recent FLP court cases and how the valuation of FLPs should be conducted to meet the standards of the Tax Court.
IRS Attack on Discount Rate - The following article discusses our testimony in Emily F. Klauss v. Commissioner. In the case, the IRS challenged the use of a size premium as an element of the discount rate.
Taxpayer Victory for Family Limited Partnership - On January 18, 2000, Judge Orlando Garcia of the US District Court ruled in favor of the taxpayer in the first family limited prtnership case to be tried in federal district court. We provided testimony for the taxpayer in this landmark FLP case and this article discusses the details of this important case.
What to Know About Business Appraisals - For many clients, they will only retain a business appraiser once in their lifetime. This article discusses the important questions to ask when deciding on which business appraiser to hire.
S Corp Tax Treatment - For the past 15 years, the question of how to handle taxes when valuing an S Corporation has been one of the most controversial topics in the business appraisal community. This article discusses how we handle this important issue.