Articles From Brisbane Consulting Group

When courts order restitution from fraud, it may be difficult to determine how much the company has actually lost.

The Court of Appeals of Michigan recently addressed whether a business’s retained earnings should be included in a marital estate, if the business is one of the spouse’s separate property.

The COVID-19 pandemic and the possibility of unfavorable changes to the capital gains tax rates have led many business owners to contemplate selling their interests in 2021.

Brisbane Consulting Group, LLC is pleased to announce that Kelly Mandell-Klumpp has been promoted to Senior Analyst. 

Business valuation experts often apply a discount for lack of marketability (DLOM) when valuing a private business interest. This adjustment reflects the relative difficulty of converting the interest into cash, quickly and at minimal cost, compared to publicly traded stocks.

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP Act), the $1.9 trillion COVID-19 relief package aimed at stabilizing the economy, providing needed relief to individuals and small businesses, and improving and accelerating the administration of coronavirus vaccines and testing.

Brisbane Consulting Group, LLC is pleased to announce that Benjamin Schuver, CPA, MBA has earned his accreditation in business valuation (ABV).

The COVID-19 pandemic has affected the value of many privately-held businesses. When valuing a business in today’s uncertain conditions, experts must put themselves in the shoes of hypothetical investors and consider only relevant information that was known (or knowable) on the valuation date.

In a recent New York buyout case, the sole issue before the court was the fair value of the petitioner’s interest in the respondent corporation.

In most states, the appropriate standard of value in statutory buyouts is fair value. Unlike fair market value, fair value generally doesn’t include discounts for lack of control or marketability.