Michael Gregory opened his own consulting firm in 2011 after 28 years working at the IRS, where he specialized in business valuation, reasonable compensation, family limited partnerships, and other issues. In this presentation, he provides an overview of the IRS structure and resolution processes, discusses common valuation topics like discounts, reasonable compensation, and penalties for appraisers, and offers practical advice on working with the IRS and creating valuation reports.
The document summarizes Michael Gregory's presentation to the American Society of Appraisers NYC on May 7, 2012. It discusses Gregory's background working for 28 years at the IRS before starting his own consulting business. The presentation covers topics like working with the IRS, key issue areas like discounts for lack of marketability and potential penalties, and strategic growth areas for appraisers. Gregory provides advice on issues resolution and litigation processes at the IRS.
Michael Gregory gave a presentation on working with the IRS. He discussed his background and experience at the IRS. He then provided an overview of the different divisions within the IRS, including Large Business and International, Small Business and Self Employed, and Tax Exempt and Governmental Entities. He discussed some common valuation issues that come up like 409A, DLOM, and tax affecting S-corps. He ended by sharing examples of cases and his advice on effectively working with IRS agents and specialists.
Michael Gregory is an independent consultant who previously worked for the IRS for 28 years in various roles. His consulting firm, Michael Gregory Consulting LLC, provides services related to risk management, alternative dispute resolution, strategic planning, and could assist clients and their customers. The presentation provides an overview of the IRS structure and key divisions, as well as discussions on topics like 409A valuation, discount for lack of marketability, and tax affecting S-corporations. Michael Gregory shares examples of valuation cases and his upcoming book on working with the IRS.
InKnowVision June 2012 HNW Technical Webinar 1 - Valuation PlanningInKnowVision
The document provides an overview and summary of a webinar on valuation and its impact on succession planning. It discusses why valuations are necessary for tax and succession strategies, how the valuation expert fits into the succession team, and how valuations are used for tax and business planning. It also covers valuation methodologies, discounts, IRS case law, and differences between fair market value and investment value.
This webinar is critical for entrepreneurs who will be raising a preferred round in the near future. This webinar is designed to teach you what to expect when your company sells preferred stock in a venture round.
During this webinar, veteran Silicon Valley venture capital attorney Jason Putnam Gordon will cover the following topics:
· What venture capitalists are looking for when they invest in a company
· What makes a company a potential investment for a venture capital fund
· Pre-round issues
· What makes a good investor and how to find them
· How to negotiate a term sheet
· The deal documentation
· The diligence process
· Closing issues
· Post-closing issues
· Common pitfalls when raising venture capital
· And much, much more
12 Take-aways from 2012 - Developments in the Western Canadian M&A and Privat...This account is closed
This document provides a summary and analysis by Gowlings, a Canadian law firm, of trends in mergers and acquisitions (M&A) and private equity deals in Western Canada in 2012. It notes that oil and gas horizontal drilling and diversified industries supporting oil sands drove deal activity. It also discusses common deal structures, points of negotiation, and reasons deals failed. The firm led 18 closed deals worth over $600 million and shares insights to help clients. Appendices list sample deals and biographies of the authors.
Smaller and midsized banks can play in the wealth management big leagues, but they have to use some Moneyball type tactics to compete and win against the big budget competition.
Before the financial crisis, a “Field of Dreams” approach worked– if you built it, they would come. An environment of deregulation, falling interest rates, a rising stock market and a seemingly unlimited supply of talent allowed banks the luxury of focusing largely on acquiring clients, almost regardless of cost. Now with compressed margins, skittish investors hoarding cash and a changing competitive landscape, new tactics are required
The document summarizes Michael Gregory's presentation to the American Society of Appraisers NYC on May 7, 2012. It discusses Gregory's background working for 28 years at the IRS before starting his own consulting business. The presentation covers topics like working with the IRS, key issue areas like discounts for lack of marketability and potential penalties, and strategic growth areas for appraisers. Gregory provides advice on issues resolution and litigation processes at the IRS.
Michael Gregory gave a presentation on working with the IRS. He discussed his background and experience at the IRS. He then provided an overview of the different divisions within the IRS, including Large Business and International, Small Business and Self Employed, and Tax Exempt and Governmental Entities. He discussed some common valuation issues that come up like 409A, DLOM, and tax affecting S-corps. He ended by sharing examples of cases and his advice on effectively working with IRS agents and specialists.
Michael Gregory is an independent consultant who previously worked for the IRS for 28 years in various roles. His consulting firm, Michael Gregory Consulting LLC, provides services related to risk management, alternative dispute resolution, strategic planning, and could assist clients and their customers. The presentation provides an overview of the IRS structure and key divisions, as well as discussions on topics like 409A valuation, discount for lack of marketability, and tax affecting S-corporations. Michael Gregory shares examples of valuation cases and his upcoming book on working with the IRS.
InKnowVision June 2012 HNW Technical Webinar 1 - Valuation PlanningInKnowVision
The document provides an overview and summary of a webinar on valuation and its impact on succession planning. It discusses why valuations are necessary for tax and succession strategies, how the valuation expert fits into the succession team, and how valuations are used for tax and business planning. It also covers valuation methodologies, discounts, IRS case law, and differences between fair market value and investment value.
This webinar is critical for entrepreneurs who will be raising a preferred round in the near future. This webinar is designed to teach you what to expect when your company sells preferred stock in a venture round.
During this webinar, veteran Silicon Valley venture capital attorney Jason Putnam Gordon will cover the following topics:
· What venture capitalists are looking for when they invest in a company
· What makes a company a potential investment for a venture capital fund
· Pre-round issues
· What makes a good investor and how to find them
· How to negotiate a term sheet
· The deal documentation
· The diligence process
· Closing issues
· Post-closing issues
· Common pitfalls when raising venture capital
· And much, much more
12 Take-aways from 2012 - Developments in the Western Canadian M&A and Privat...This account is closed
This document provides a summary and analysis by Gowlings, a Canadian law firm, of trends in mergers and acquisitions (M&A) and private equity deals in Western Canada in 2012. It notes that oil and gas horizontal drilling and diversified industries supporting oil sands drove deal activity. It also discusses common deal structures, points of negotiation, and reasons deals failed. The firm led 18 closed deals worth over $600 million and shares insights to help clients. Appendices list sample deals and biographies of the authors.
Smaller and midsized banks can play in the wealth management big leagues, but they have to use some Moneyball type tactics to compete and win against the big budget competition.
Before the financial crisis, a “Field of Dreams” approach worked– if you built it, they would come. An environment of deregulation, falling interest rates, a rising stock market and a seemingly unlimited supply of talent allowed banks the luxury of focusing largely on acquiring clients, almost regardless of cost. Now with compressed margins, skittish investors hoarding cash and a changing competitive landscape, new tactics are required
Michael Gregory is the chief manager of Michael Gregory Consulting LLC. He has 28 years of experience working for the IRS as an engineer, manager, and acting assistant district director. His consulting services include risk management with the IRS, alternative dispute resolution and mediation, strategic planning, and more. The document provides background information on the structure and divisions of the IRS, examples of cases that may benefit from mediation, and an overview of mediation techniques.
Michael Gregory gave a presentation on working with the IRS. He discussed his background and experience at the IRS. He then provided an overview of the different divisions within the IRS, including Large Business and International, Small Business and Self Employed, and Tax Exempt and Governmental Entities. He discussed some common valuation issues that come up, such as 409A, discount for lack of marketability, and tax affecting S-corporations. He ended by taking questions and sharing examples of cases he has worked on.
This document provides a detailed valuation report of Miami Creamery, Inc. as of December 31, 2013. The report includes an analysis of the company's financial statements from 2010-2013, a calculation of seller's discretionary earnings, a determination of appropriate multiples and capitalization rates based on comparable companies, an allocation of assets and liabilities, and the application of discounts. Based on this analysis, the concluded value of a 50% non-controlling interest in Miami Creamery is $50,685.
This document summarizes a presentation given by Michael Gregory on estate planning to the Estate Planning Council of Shreveport, LA on June 28, 2012. The presentation provided an overview of Michael Gregory's background and consulting services. It also discussed estate and gift tax processes at the IRS, including classification, examination, appeals, and issue resolution. Key contacts at the IRS for matters involving valuation were also highlighted. The presentation aimed to help estate attorneys understand how to work with the IRS on valuation issues.
Presentation to the Fair Value Forum
San Francisco, CA
January 20, 2012
This presentation offers a quick overview on the IRS, 409A, DLOM, and subchapter S tax affecting with examples
Presentation to NACVA
Plymouth, MN
December 2, 2011
This presentation presents how the IRS is organized and offers several examples of how to work with the IRS
Organizational structure for your businessMarc Parham
This document discusses structuring a business, including managing internal and external environments. It addresses organizational structure, legal structures like LLCs and corporations. Managing the internal environment includes human resources issues like ensuring communication, balancing schedules to reduce stress, and setting employee duties, tasks and responsibilities. Managing the external environment involves government agencies' impact and how to work with them. Effective management and developing a strong business team are also discussed.
The document discusses the IRS Job Aide on discounts for lack of marketability (DLOM). It provides background on the author and an overview of the Job Aide, noting it was prepared by 16 valuation experts. Key points of the Job Aide are outlined, including that it identifies 33 important factors and 17 initial information request items. Feedback from webinars on the Job Aide and the author's observations since entering private practice regarding DLOMs are also presented.
McGladrey presentation at May 2012 AICPA CFO conference - FASB/IASB convergen...Brian Marshall
FASB/IASB Convergence Projects Update
Speakers: Brian H. Marshall, McGladrey LLP
Faye E. Miller, McGladrey LLP
The FASB and IASB are currently working together on a significant number of projects. This session will cover the status of these joint projects, with a particular focus on:
• Revenue Recognition
• Leasing
• Financial Instruments
7 Key Steps Your Data Privacy Program NeedsTrustArc
In a survey conducted by TrustArc, we discovered the three biggest privacy challenges organizations face includes: coping with new regulations, implementing new cross-border data mechanisms, and maintaining a patchwork of separate local compliance requirements.
As privacy regulations worldwide continue to grow, there is an urgency for companies to get organized, so they can be able to manage any threats to their privacy program.
To get the positive outcome you want, join our webinar to learn the 7 key steps to privacy your organization needs to take to have a successful data privacy program.
IAPD/IPRA Conference Soaring to New Heights presentation for Human Resource professionals. Topics include: HR Best Practices; Class Action and Retaliation; Recent Court Cases; and HR Stories from the front lines.
Having a well thought out strategy and business plan can be the difference between success and failure for any start-up. Make sure you don't fly blind into the dark abyss of failure. Do your homework and start your business right. Even if you're beyond the start-up stage, you need a plan.
McGladrey presentation at June 2012 EEI Public Filers Symposium - Update on J...Brian Marshall
Update on Joint Revenue Recognition Project
Speaker - Brian Marshall
This session focuses on the FASB and IASB's second joint exposure draft on Revenue Recognition issued in November 2011, a key step in the Board's efforts to finalize converged guidance.
Powerpoint presented at the Batesville Area chamber of Commerce July 19th for Business Financing Options workshop by the ASU Small Business and Technology Development Center
Powerpoint for Business Financing Options workshop conducted for Liberty Bank of Arkansas in Jonesboro by the ASU Small Business and Technology Development Center May 22, 2012
MasterCard's Jennifer Stalzer presents The Evolution of the Corporate Newsroo...Percolate
Corporate Communications is currently at the intersection of content and code. In its strategy for building its own corporate newsroom, MasterCard focused on integrating its various social channels, curating content to fuel conversations around context, and creating content with third-party validation. For Mastercard, content creation is never a “one n’ done” process, and MasterCard uses the Percolate Brew to syndicate its content around owned media, bringing new relevancy to dated stock media content.
How to talk to your cfo about share point - spsnhMike Gilronan
The document provides guidance on how to get funding approval from a CFO for a SharePoint project. It discusses how CFOs think primarily in terms of financial metrics and risk management. It recommends framing SharePoint's benefits in these terms, such as increased productivity and reduced costs. Specific benefits highlighted include basic collaboration and file sharing, using SharePoint to create a finance portal, implementing enterprise content management, and automating business processes. The document provides examples and ROI calculations for demonstrating the financial value of SharePoint to a CFO.
Michael Gregory is the chief manager of Michael Gregory Consulting LLC. He has 28 years of experience working for the IRS as an engineer, manager, and acting assistant district director. His consulting services include risk management with the IRS, alternative dispute resolution and mediation, strategic planning, and more. The document provides background information on the structure and divisions of the IRS, examples of cases that may benefit from mediation, and an overview of mediation techniques.
Michael Gregory gave a presentation on working with the IRS. He discussed his background and experience at the IRS. He then provided an overview of the different divisions within the IRS, including Large Business and International, Small Business and Self Employed, and Tax Exempt and Governmental Entities. He discussed some common valuation issues that come up, such as 409A, discount for lack of marketability, and tax affecting S-corporations. He ended by taking questions and sharing examples of cases he has worked on.
This document provides a detailed valuation report of Miami Creamery, Inc. as of December 31, 2013. The report includes an analysis of the company's financial statements from 2010-2013, a calculation of seller's discretionary earnings, a determination of appropriate multiples and capitalization rates based on comparable companies, an allocation of assets and liabilities, and the application of discounts. Based on this analysis, the concluded value of a 50% non-controlling interest in Miami Creamery is $50,685.
This document summarizes a presentation given by Michael Gregory on estate planning to the Estate Planning Council of Shreveport, LA on June 28, 2012. The presentation provided an overview of Michael Gregory's background and consulting services. It also discussed estate and gift tax processes at the IRS, including classification, examination, appeals, and issue resolution. Key contacts at the IRS for matters involving valuation were also highlighted. The presentation aimed to help estate attorneys understand how to work with the IRS on valuation issues.
Presentation to the Fair Value Forum
San Francisco, CA
January 20, 2012
This presentation offers a quick overview on the IRS, 409A, DLOM, and subchapter S tax affecting with examples
Presentation to NACVA
Plymouth, MN
December 2, 2011
This presentation presents how the IRS is organized and offers several examples of how to work with the IRS
Organizational structure for your businessMarc Parham
This document discusses structuring a business, including managing internal and external environments. It addresses organizational structure, legal structures like LLCs and corporations. Managing the internal environment includes human resources issues like ensuring communication, balancing schedules to reduce stress, and setting employee duties, tasks and responsibilities. Managing the external environment involves government agencies' impact and how to work with them. Effective management and developing a strong business team are also discussed.
The document discusses the IRS Job Aide on discounts for lack of marketability (DLOM). It provides background on the author and an overview of the Job Aide, noting it was prepared by 16 valuation experts. Key points of the Job Aide are outlined, including that it identifies 33 important factors and 17 initial information request items. Feedback from webinars on the Job Aide and the author's observations since entering private practice regarding DLOMs are also presented.
McGladrey presentation at May 2012 AICPA CFO conference - FASB/IASB convergen...Brian Marshall
FASB/IASB Convergence Projects Update
Speakers: Brian H. Marshall, McGladrey LLP
Faye E. Miller, McGladrey LLP
The FASB and IASB are currently working together on a significant number of projects. This session will cover the status of these joint projects, with a particular focus on:
• Revenue Recognition
• Leasing
• Financial Instruments
7 Key Steps Your Data Privacy Program NeedsTrustArc
In a survey conducted by TrustArc, we discovered the three biggest privacy challenges organizations face includes: coping with new regulations, implementing new cross-border data mechanisms, and maintaining a patchwork of separate local compliance requirements.
As privacy regulations worldwide continue to grow, there is an urgency for companies to get organized, so they can be able to manage any threats to their privacy program.
To get the positive outcome you want, join our webinar to learn the 7 key steps to privacy your organization needs to take to have a successful data privacy program.
IAPD/IPRA Conference Soaring to New Heights presentation for Human Resource professionals. Topics include: HR Best Practices; Class Action and Retaliation; Recent Court Cases; and HR Stories from the front lines.
Having a well thought out strategy and business plan can be the difference between success and failure for any start-up. Make sure you don't fly blind into the dark abyss of failure. Do your homework and start your business right. Even if you're beyond the start-up stage, you need a plan.
McGladrey presentation at June 2012 EEI Public Filers Symposium - Update on J...Brian Marshall
Update on Joint Revenue Recognition Project
Speaker - Brian Marshall
This session focuses on the FASB and IASB's second joint exposure draft on Revenue Recognition issued in November 2011, a key step in the Board's efforts to finalize converged guidance.
Powerpoint presented at the Batesville Area chamber of Commerce July 19th for Business Financing Options workshop by the ASU Small Business and Technology Development Center
Powerpoint for Business Financing Options workshop conducted for Liberty Bank of Arkansas in Jonesboro by the ASU Small Business and Technology Development Center May 22, 2012
MasterCard's Jennifer Stalzer presents The Evolution of the Corporate Newsroo...Percolate
Corporate Communications is currently at the intersection of content and code. In its strategy for building its own corporate newsroom, MasterCard focused on integrating its various social channels, curating content to fuel conversations around context, and creating content with third-party validation. For Mastercard, content creation is never a “one n’ done” process, and MasterCard uses the Percolate Brew to syndicate its content around owned media, bringing new relevancy to dated stock media content.
How to talk to your cfo about share point - spsnhMike Gilronan
The document provides guidance on how to get funding approval from a CFO for a SharePoint project. It discusses how CFOs think primarily in terms of financial metrics and risk management. It recommends framing SharePoint's benefits in these terms, such as increased productivity and reduced costs. Specific benefits highlighted include basic collaboration and file sharing, using SharePoint to create a finance portal, implementing enterprise content management, and automating business processes. The document provides examples and ROI calculations for demonstrating the financial value of SharePoint to a CFO.
Here are the key points about post-closing purchase price adjustments from the document:
- Post-closing purchase price adjustments allow the purchase price to be adjusted based on the target's financial position at closing compared to estimates made prior to closing.
- Adjustments are typically made based on working capital balances like cash, accounts receivable and accounts payable at closing relative to pre-closing estimates.
- An "Adjustment Amount" is calculated as the difference between the actual closing working capital and the estimated "Initial Working Capital" used to determine the upfront purchase price payment.
- The Adjustment Amount can increase or decrease the purchase price paid at closing depending on whether the actual closing working capital is higher or lower than the initial
Making the Leap from Business Analyst to Business ArchitectAccelare
What does business architecture do? Includes: Effective strategy - creates a direct, clear linkage between executive intent and organizational actions. Effective investments - provides a structured approach to making strategic and operational investment decisions. Effective operations – clarifies the cross-organizational operating model. Create new insights and perspectives – encourages new thinking about how the company creates value.
Business architecture attributes: Focuses on “what” the business needs to do rather than “how” it does it. And need to resonate with business thinkers.
Business architecture is about exploration not standardization. The move from business analyst starts with giving up old paradigms and a shift to ask: why, what is? what can be? and what should be?
With 360° Insight by TalentGuard, leaders gain valuable insight into their behavior, develop new skills, and prepare for future challenges. The 360 feedback tool gathers and analyzes objective multi-rater feedback to make better people development decisions.
Gathering objective feedback is a an effective means to assess and develop individuals, teams, and the business. Today, employees can receive structured and meaningful feedback on their performance, construct focused training plans and work experience opportunities, and set realistic career aspirations. Organization benefit from collecting feedback results and using the information to help inform the overall skills development, training, and succession plans.
Feedback helps people understand the impact of their decisions and actions on their organization and relationships. Feedback is gathered from many structured and unstructured sources, including objective sources such as financial, business process, or HR data (employee turnover, for instance), and subjective sources such as comments or ratings from managers, peers, or customers. In today's increasingly competitive world, feedback is increasingly being sought and used for more than just raising self-awareness. Feeback is being used to make decisions in several areas including:
Selection for career progression and promotion
Performance reviews
Inclusion in leadership and management development programs
TalentGuard's 360° Insight tool aggregates and collates feedback from a variety of sources into a single document for the individual to review. An analysis of the report highlights key strengths and development areas, often signposting available development solutions.
Improve Speed and Efficiency - Save hours compiling multi-rater feedback.
Build Quality Assessments- Create custom assessments specific to your company, role profiles and more.
Extend Reach - Include all stakeholders (employees, managers, peers, customers, and partners) in the review process to obtain richer feedback.
Maximize Impact - Link assessments directly with development actions by mapping options that are relevant to the individual’s specific strengths and weaknesses.
Reduce Administration - Benefit from our hassle-free setup, processes, and workflow through simple user interfaces and forms.
talentguard.com
Executive Briefing: Communication EffectivenessCynthia Clay
The document provides information about a training program on managing workplace conflict called "Peer Power" presented by Clay & Associates Inc. It discusses the negative impacts of unresolved conflict, including reduced productivity and increased costs. Data is presented on the high costs of conflict and time spent dealing with difficult coworkers. The training program is described as helping leaders develop skills to better handle disagreements and improve workplace relationships through interactive sessions and reinforcement tools. Pricing and purchase options for the public and customized training programs are also included.
Similar to Mn soc of cpa's 11 15- 2012 - revised (1) (20)