Valuation permeates virtually every area of tax. In this webinar, a leading practitioner in the fields of tax and valuation will discuss valuation techniques and the federal tax treatment of: (1) property-type discounts, including fractional interest discounts; (2) owner-level discounts, including discounts for lack of marketability, lack of control, market absorption, and blockage; (3) entity-level discounts, including discounts for loss of a key person, contingent liabilities, a non-diversified portfolio, and the discount for built-in capital gains tax. This webinar will also cover the features of valuation discounts which are most likely to be audited and litigated, best practices to minimize the risk of audit, and alternative dispute resolution alternatives to trial. This webinar is a must-attend for practitioners who file estate tax returns, gift tax returns, and all tax returns where valuation is at issue.