Court Rejects Valuation Based on Unsustainable Past Earnings
In a recent divorce case, an Arizona court of appeals vacated a trial court’s ruling regarding the value of a 25% business interest owned by the wife.
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Brisbane Consulting Group Office Suffers Fire
On Sunday, May 14, Brisbane Consulting Group and Lumsden McCormick CPAs headquarters at 369 Franklin Street, Buffalo, NY, suffered a fire.
Read MoreValuing Collateral in Bankruptcy
A recent decision from the U.S. Court of Appeals for the Second Circuit provides a useful primer on how to value collateral for bankruptcy purposes.
Read MoreMarket Approach: Don’t Compare Apples to Oranges
Under the market approach, the value of a business is derived from comparisons between the subject company and transactions involving similar businesses.
Read MoreRedleaf v. Commissioner – Cash Payments are Property Settlement, Not Deductible Alimony
Pursuant to a marital termination agreement from 2008, the husband in Redleaf v. Commissioner deducted $51 million in deferred cash payments to his ex-wife.
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