The Tax Act and Jobs Act
Abstract: The Tax Cuts and Jobs Act (TCJA) — enacted in late 2017 — will fundamentally alter the tax rules for businesses. This [...]
Screening for Signs of Fraud
Abstract: Financial statement fraud can be costly. So, early detection is important to mitigate losses. This article describes a screening tool known as [...]
When Divorce Cases Get Sticky – Make Sure Business Owners Base Their Pay On Current Market Rates
Abstract: When a divorcing spouse owns or is a partner in a closely held business, its value — particularly the amount of compensation [...]
A Strategic Undervaluation Can Come Back To Bite You
Abstract: Reusing discounted financial projections prepared for transfer tax purposes can backfire in a shareholder dispute. A recent opinion from the Delaware Court [...]
Valuation Matters When A Company is Liquidating
Abstract: Even in a bull market, some businesses struggle to make ends meet. This article highlights how outside financial experts can help struggling [...]
For Richer, For Poorer – Factoring Valuation Into Premarital Agreements
Abstract: Roughly half of U.S. marriages end in divorce. So, many people enter into premarital agreements before they tie the knot. This article [...]
Whats Normal – Normalization Adjustments are Essential in Valuation
Abstract: Fine-tuning financial statements helps a business valuation expert compare the subject company’s performance to the financial performance of similar public or private [...]
Updated Survey Provides Insight Into Fraud Trends and Prevention Methods
Abstract: The Association of Certified Fraud Examiners (ACFE) has released its Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse. [...]
How Much Owners’ Compensation Is “Reasonable”
Abstract: The IRS may challenge the reasonableness of compensation a business pays to its owners and other related parties under a variety of [...]
Total Business Loss Evidence Allowed In Recent Case
Abstract: The Eighth Circuit Court of Appeals recently issued a surprising decision: It allowed a qualified damages expert to present a conclusion for [...]