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.