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Claiming depreciation deductions for a passenger automobile can involve complex calculations. Here are the basic rule...
As a successful business owner, it's essential to know the reason behind why you're protecting your business and...
Have you been affected by one of the many natural disasters that have occurred this year? Tax relief may be available...
If your business is victimized by theft, embezzlement or internal fraud, you may be able to claim a tax deduction for...
Creating incentives for key employees to support your business long-term can be a great benefit to planning the futur...
If you own or operate a business, you may not know that the IRS has “Audit Techniques Guides” for certain...
Divorce may have tax implications for the spouses involved, especially if one or both of them owns a business. Here a...
If your corporation defaults on a loan that you guarantee, you don’t want to be blindsided by the tax implicati...
When determining the future of your business, preparing key employees for a potential stake in ownership can position...
There are several options for operating your small business. For example, a sole proprietorship, an S corporation or ...
Most business owners have a personal financial plan, but let's talk about why connecting that with a business continu...
Business applications have increased over the past year, according to the U.S. Census Bureau. If you’re launchi...
With a successful business comes the constant threat of competitors. Let's evaluate what your company's assets are an...
The IRS will impose the “Trust Fund Recovery Penalty” on certain business owners and managers personally ...
Owners of “pass-through” businesses can claim a valuable tax deduction that was created by a 2017 law. He...
Let's take a look at just why agility is such an important skill for business owners to acquire and apply to their bu...
If your business hasn’t already claimed the Employee Retention Tax Credit, you should check out if you’re...
On the road again for business? Here’s a rundown of costs you can deduct for business travel.
A company's key employees play an essential role in maintaining business success. So, what can you do in order to kee...
"Recordkeeping DOs and DON’Ts for Business Meal and Vehicle Expenses" | Keeping meticulous business record...
Are you a business owner with teenage or college-age children who constantly need cash? You may want to hire them to ...
You may know where you want your money to go when you die, but let's take a look at how to plan and strategize your w...
Businesses that provide Health Savings Accounts to employees know they have a variety of benefits. Here are a few of ...
When setting your business up for success, it's important to be able to identify deals that may hurt your company's f...
Employee or independent contractor? That’s the question businesses ask when they bring on certain workers. Here...
Some employers offer educational assistance plans as a recruitment and retention tool. Here are the rules to help ens...
There’s a great deal of interest in alternative energy technologies today. If your business invests in certain ...
Setting goals is an important part of business planning. In order to set strong goals for your business, let's take a...
Thinking about hiring your teenager to work in your business? There can be significant tax benefits.
Money is only one part of what makes a business owner successful. Value-based goals are just as vital to running a bu...
Business owners put years, if not decades, into planning the success of their business. However, rarely do they have ...
Is the success of your business tied to certain “key” people? Many startups, professional service firms a...
Business owners may be able to save tax with home office deductions. If you’re working from home (like lots of ...
Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a d...
It's important for business owners to plan for a successful future without their business. Here's the story...
Data analytics can help your nonprofit validate trends, uncover root causes and improve transparency. But before you ...
How much do your employees have to earn in 2021 before they can stop paying Social Security tax? How much can they co...
Business owners put years of planning and preparation into making their businesses successful. However, have you...
Next-level management teams are the drivers behind building business value, but how can you and your advisors attract...
Every action you take during the life of your business has an impact on your departure down the road. Learn more ...
Know the difference between Succession Planning, Exit Planning and Business Planning and how to best execute each.
Depreciating assets involves a complex area of tax law; here’s a rundown:
Business owners often consider “insiders” as viable successors. Can this be a fatal flaw in planning...
Today’s markets are unpredictable, but changing conditions can open new business opportunities.
Since you can’t escape the impact of cash flow, you might as well take it head on, right?
One of the most important elements of a successful business transition is transferable value. No matter what an owner...
This article is as close as it gets in the valuation world to the “Extra, Extra… Read all about it&...
Monty Hall and the Discount for Lack of Marketability…
Monty Python and the Discount for Lack of Marketability
OK – the subject line of this article is a naked attempt to attract your attention but if you read on you ...
A brief explanation of EBITDA v. SDE in calculating the value of a business
Do you have the information you need to negotiate for your business?
While it remains the case that the lower corporate tax rates for C corporations increase cash flows and therefore pot...
The Impact of New Tax Law on Valuations
Sting is one of the more cerebral pop musicians and he clearly is wise to the ways of business valuation practice. So...
One of the main differences between the world of real life transactions and the fair market value world is the way th...
Well, maybe that's a bit of an oversell, but certainly having a greater impact on the pocket book, the battle over ho...
Recently, I have dealt with a number of issues relating to the valuation of goodwill. One particular case involved a ...
An article in the Atlantic Monthly refers to the emergence of a new term - the "rule of thump" - based on confusion w...
Channeling Frank Sinatra this month, I turn my attention to Revenue Ruling 59-60. This key valuation document issued ...
On the southeast corner of a major, urban intersection is an established privately-held "fast food" hamburger restaur...
Where does the value of a business come from? First and foremost, it comes from the ability to generate earnings, its...
The opportunity to gawp at the lifestyles of the rich and famous was a side benefit to taking a look at a dispute ove...
Clients are often mystified by the adjustments business valuation analysts make to financial statements when we start...
What a great start to 2015 - when a recent case allows me to include a reference to the halcyon days of Monty Python ...
Many entrepreneurs start a business with other like-minded business people and don’t want to think about what h...
The case of Bross Trucking v Commissioner (Tax Ct. Memo LEXIS 109) was not strictly a valuation case but did address ...
This month's commentary does not feature bottles of red or white (with apologies to Billy Joel) - though other bevera...
A recent tax court case allows me to dig up a reference to an R.E.M. hit single (never my favorite, but, hey, any por...
In an effort to be down with the kids, this month's title comes from a Taylor Swift hit single - a big step from my n...
I recalled this bon mot from Mark Twain as I reviewed a recent article from Business Valuation Resources that focused...
Sometimes it's just good to channel Maria in the Sound of Music and go back to basics. I recently had a good opportun...
A Neil Diamond song title as this month's hook? What? Who? How? Calm down - all will be revealed at the end of this e...
I never thought I would be minng Cher's back catalog for inspiration for an even more tenuous link for the title to t...
This month we're going to do some finance stuff - be warned, there may even be a formula... As valuation analysts, we...
We know that Bob Marley didn't want to wait in vain (in fact he said so repeatedly in the song) - and neither does th...
You may recall that I sent out an e-mail last year highlighting the dispute between the Estate of Ileanna Sonnenband ...
I struggled with the title of this item......the story itself has been a godsend to headline writers and I don't feel...
Please file the following under the "I'm just sayin'..." category - far be it from me to draw any conclusions! ...
I have always cringed when Sting followed up the title line with "Things they would not teach me of in college". On t...
Paul Simon's lyrics seem to sum up the approach the Tax Court took in the case of Estate of Louise Paxton Gallagher v...
Don Henley, the sage that he is, goes on to state that: "You can never leave" ... yet that isjust what every business...
Oh yes, just squeezing in a Springsteen reference again - it's been a while. So how do I justify this random referenc...
So we're trying to value a 50% interest in a company. We've determined the value of 100% to be $10 million ...
If, emulating Jack Nicholson and Morgan Freeman, you hope to climb the Pyramids and hit the tables in Monte Carlo whe...