Business Appraisal & Forensics Services Offered:  Our portfolio of services includes: 1) Professional Firms The valuation issues pertinent to professional practices may appear relatively straightforward and simple.  Yet, that is rarely the case.  There are unique issues attendant to the valuation of a professional practice such as a law firm, medical practice and other professional entities where the value drivers of the firm are dependent on the founders and/or managing practitioner. 2) Divorce  Marital Dissolution cases involving a business entity require unique valuation expertise, and in many instances forensic analysis involving revenue reporting, compensation issues and related matters. 3) IRS Audits Our audit experience has been that the IRS prefers to pursue a collaborative approach especially in audits involving valuation issues, seeking early resolution of appraisal issues, specially in cases where the taxpayer's representation team includes a valuation professional.   4) Business Appraisal Review Business Appraisal Review is a type of service, whether in written or oral form, intended to provide assurance to stakeholders in the business appraisal process regarding the credibility of a business appraiser’s opinion of value.  5) Lost Profits The determination of Economic Damages, including Lost Profits, require that a collaborative approach be used- ideally, legal counsel and the damages expert should work closely, and the damages expert should be retained as soon as the possibility of lost profits is determined Our experienced staff can analyze information efficiently and perform analytical procedures designed to measure loss profits due to a particular business interruption or event 6) Peer Review  Our professional involvement at various levels of the business valuation profession allow us to be in a unique position to assist peer firms in designing and implementing effective systems to operate their firms.  Which Firms may be interested in our Peer Review Services for Valuations and Forensics Practices?  a)  Accredited practitioners interested in advancing their business    appraisal and or forensics skills    b) Practitioners acting as expert witnesses c)  Senior practitioners in charge of business appraisal  & Forensics staff   d)  Valuation practitioners representing clients before the Internal Revenue Service and other regulatory agencies For more information about our professional activities, visit our blog at  http://valfor.blogspot.com 7) Mortgage Fraud Mortgage fraud recovery cases are usually complex by nature and may concurrently involve different types of fraudulent activities, from overvaluation of mortgaged assets, identity theft and income misstatement, institutional practices lacking the necessary internal controls over the loan mortgage process to detect and prevent the occurrence of these abuses, as well as predatory institutional lending practices, collusion among third parties such as appraisers, realtors and title companies.