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IRS whistle blower appraiser loses job (7/99)
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In April, 1997, ASA published a very interesting study (Deficiencies in Internal Revenue Service Policies Governing Taxpayer Valuations of Real Estate, Personal Property and Ownership Interest in Business Enterprises) on IRS appraisal policies, including the fact that they don’t use USPAP as their standard for appraisals. I wrote a feature story about the study in 1997 and have been following the issue ever since. The study is available for $10 from ASA. Call 800-ASA-VALU. |
The study referenced a report to the Treasury Department’s "I suggest... Program" in August, 1996, suggesting changes in IRS valuation policies. The author was Michael McErlean, an IRS Senior Appraiser at that time.
After writing another 16-page "scathing" report on IRS policies in April, 1999, McErlean has been terminated by the IRS after refusing a transfer. The paper is titled IRS Violations of Taxpayers’ Constitutional Right to Uniformity in the Assessment of Taxes Based on Appraised Values, authored by Matthew N. McErlean, MBA, MS, MAI, CAE, CPA, Valuation Subject Matter Expert/Senior Appraiser Coordinated Examination Institute, School of Taxation Corporate Education, Internal Revenue Service.
Contact Matt McErlean at (410) 308-0359 or mcerlean@home.com
To download the documents from this Web site (PDF format), click on these links:
- I...Suggest program, 1996, The Internal Revenue Service and the Uniform Standards of Professional Appraisal Practice.
- 4/20/99 - IRS Violations of Taxpayers’ Constitutional Right to Uniformity in the Assessment of Taxes Based on Appraised Values, authored by Matthew N. McErlean, MBA, MS, MAI, CAE, CPA, Valuation Subject Matter Expert/Senior Appraiser Coordinated Examination Institute, School of Taxation Corporate Education, Internal Revenue Service
Note: to read the first two documents you will need the Adobe Acrobat PDF reader. To download the reader, go to the Adobe web site.
Other information:
- Matthew McErlean's resume (coming soon)
- McErlean's 7/19/99 press release
- McErlean's 7/24/99 press release
- McErlean's summary article, published in BV Update
- For an article on the 1997 ASA report published in the 6/97 issue of Appraisal Today, go to IRS and Valuation, a Mess.