IPA-IBA North America
International Profit Associates, Inc.
Integrated Business Analysis, Inc.

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IPA-IBA Business Consulting Services accomplishes real results for our clients.

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1250 Barclay Blvd
Buffalo Grove, IL 60089

Call 1-800-531-7100 to discuss your needs, or email your questions


Accountancy Associates, LLC

Defending The value gifted or contributed may be more costly than the cost of a business valuation

IPA-IBA International Profit Associates Accountancy Associates, LLC Under Section 6662 of the Internal Revenue Code, undervaluation penalties of up to 40% may be assessed on the value of an asset (which includes owner stock or partnership interest) reported for tax purposes, including gift, estate and generation-skipping transfer tax. The penalty is applied to the difference between the taxpayer’s reported value and the IRS’ assessment of the asset’s value.