Are Settlement Proceeds Taxable?
Abstract: The federal tax code specifically excludes damages received for personal physical injuries or physical illness from taxable gross income. But sometimes it’s [...]
Abstract: The federal tax code specifically excludes damages received for personal physical injuries or physical illness from taxable gross income. But sometimes it’s [...]
Abstract: The value of a business interest is valid as of the “effective” date. This is a critical cutoff point, because events that [...]
Abstract: Charities and other not-for-profit organizations typically receive most of their donations at year end. It’s critical for these organizations to be on [...]
Abstract: Business valuation professionals typically apply three different approaches when valuing a business. This article explains common valuation methods that fall under the [...]
A Calculation, Summary or Detailed Appraisal Report - What is the Difference? As a practicing appraiser, a question that I am regularly asked [...]
Abstract: Accounts receivable are a popular fraud target because so many transactions are recorded to it. This article describes common receivables scams, as [...]
Abstract: It’s critical for taxpayers to be given the chance to evaluate whether assessments made by the IRS are “arbitrary and excessive.” This [...]
Abstract: Lost profits estimates are often based off of a company’s historical performance. But the usual methods of calculating these damages may fall [...]
Abstract: Shareholders with the forethought to sign buy-sell agreements help facilitate voluntary and involuntary transfers between shareholders. But, when it’s time for a [...]
Abstract: A family limited partnership (FLP) can be a viable tax-advantaged method of handling assets — but only if it’s established and administered [...]