TAX VALUATIONS

Tax Allocations

Under IRC Section 1060 and IRC Section 338, our valuation professional’s work with the
management teams to allocate the purchase price paid in a transaction to the seven
asset classes established by the tax code based on the respective asset classes fair
market value.

Business and Legal Entity Valuations

Under various IRC sections, including IRC Section 338 and IRC Section 355, our valuation
professionals work with the client’s management team to estimate the fair market value
of the equity of subsidiary legal entities.

Deferred Compensation

Under IRC Section 409A, our valuation professionals assist private companies in
estimating the fair market value of their common stock for purposes of setting the
exercise price of stock options issued to employees.

Gift and Estate Valuation

Under Subtitle B of the Internal Revenue Code, our valuation professionals assist tax and
legal professionals in estimating the fair market value of business assets and interests
for gift and estate tax planning and reporting purposes.