Standards of Value in Business Valuation
When communicating the results of a business valuation engagement, a valuation advisor should ensure that the client understands the “Standard of Value” being utilized. The Standard of [...]
Business Incentives: Employee Retention Tax Credit
A lot of businesses suffered negative impacts due to COVID-19. In the midst of all the COVID-19 business interruptions some businesses kept their employees on payroll. There [...]
The Basic Approaches to Valuing Privately Held Businesses
If you own a privately held business, you will likely encounter a situation where you need to know how much it is worth. Is your company a [...]
The Fractional CFO
The typical startup is born in an entrepreneurial environment driven by one or two individuals. The primary if not sole focus is on growing the idea behind [...]
If It Sounds Too Good To Be True
It Sounds Too Good To Be True…….A Fraud Investigator’s Favorite Red Flag! If it sounds just too good to be true…..you have every right to put your [...]
Who Qualifies For The Employee Business Expense Deduction
After the Tax Cuts and Jobs Act (TCJA) tax reform, employee business expenses can be deducted as an adjustment to income only for specific employment categories and [...]
Business Interruption v. Economic Damages v. Lost Profits: An Overview
Economic damages, lost profits, business interruption- intuitively, these sound quite similar, and they are; these terms are commonly used interchangeably when referring to a business’s loss in [...]
COVID-19 Impact on Construction Contracts and Business Interruption
Coronavirus has impacted all industries including construction projects, owners. Supply chain has been disrupted for many, government’s civil authority orders have stopped work, workers quarantine has caused [...]
Common Errors to Avoid When Claiming Employer Tax Credits
Employers who are filing Form 941, Employer's Quarterly Federal Tax Return and claiming an employer tax credit should read the instructions carefully and take their time when [...]