Articles From Brisbane Consulting Group

President Trump has signed the Paycheck Protection Program (PPP) Flexibility Act, which provides businesses and employers with more flexibility in the loan program. 

In general, a patent holder seeking infringement damages must apportion profits or royalties between the patented feature and any unpatented features of the infringing product, but there’s an important exception to apportionment known as the “entire market value rule” (EMVR).

The PPP Flexibility Act greatly increases the likelihood that a large percentage of a borrower’s PPP loan will be forgiven.

Congress has passed and the president has signed the Paycheck Protection Flexibility Act of 2020. The Act modifies many components of forgiveness for the Paycheck Protection Program to make it easier for PPP recipients to obtain forgiveness.

Here are some tips to position your small business or not-for-profit organization to receive the maximum allowable forgiveness under PPP, as well as how to prepare for the subsequent government audit.

Download the slides from our webinar presented to the New York Chapter of the American Academy of Matrimonial Lawyers: A Going Concern: How Legal and Financial Professionals Will be Dealing with Business Valuations Going Forward.

The cost (or asset-based) approach specifically focuses on a company’s balance sheet. Learn how this approach works and when it might be an appropriate method of valuation.

Download our 37 page FAQ document with questions and answers covering the CARES Act and COVID-19 FAQs, IRS FAQs on payroll tax deferral, FFCRA FAQs, and FAQs on independent contractor rules.

Limited liability companies (LLCs) sometimes offer a unique form of equity-based compensation known as “profits interests,”  but these awards don’t convey the full rights of ownership. It’s important to understand the specific terms of an award and how a unit’s terms and conditions affect the method of valuation.

When valuing a business, experts must put themselves in the shoes of hypothetical buyers and sellers and consider only what was “known or knowable” on the valuation date. In a recent U.S. District Court case, the estate filed a tax return based on the exchange price of bank stock before the company disclosed a devastating fraud scam.