William P. Allen, CPA/ABV, CFE

Partner

716-856-3428

wallen@briscon.com

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Bill is a partner with Brisbane Consulting Group Business Valuation Division, providing business valuation, forensic accounting, and litigation support services. His valuation experience includes the valuation of closely held companies, covering a wide range of industries and engagements including: marital dissolution, dissenting shareholder disputes, estates and gift tax planning, merger/acquisition, and due diligence reporting.

EDUCATION

Le Moyne College, Bachelor of Science, Accountancy

PROFESSIONAL

American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Association of Certified Fraud Examiners

COMMUNITY

Cradle Beach Camp, Inc., Board Member
Frank Lloyd Wright Fontana Boathouse at West Side Rowing Club, past Board Member
Tonawanda American Little League, President

 

Brisbane Consulting Group, LLC is a wholly-owned subsidiary of Lumsden & McCormick, LLP, Certified Public Accountants.

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M&A Due Diligence – Buyers Should Exercise Caution When Relying on Financial Statements
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Comprehensive due diligence is an essential part of acquiring a business. But it can be a daunting task — especially for inexperienced buyers.

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Redleaf v. Commissioner – Cash Payments are Property Settlement, Not Deductible Alimony
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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. The U.S. Court of Appeals for the Eighth Circuit Court affirmed that the payments weren’t deductible as alimony under the tax law that was in effect at the time the agreement was executed.

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In M&A transactions, disputes sometimes arise over contractual purchase price adjustments, representations and warranties, earnout provisions, or alleged misrepresentations by the seller.

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