Articles From Brisbane Consulting Group

When estimating damages in commercial litigation, experts must decide whether to compute lost profits, diminished business value — or both.

M&A activity has grown during the COVID-19 pandemic. That trend is expected to continue in anticipation of higher capital gains tax rates under the Biden administration. Earnouts have become particularly common for deals that happen during these uncertain times.

A federal district court recently held that a married couple was entitled to a tax refund for a 2014 court settlement that included stock in a private business.

Business valuation is a prophecy of the future. That is, investors typically value a business based on its ability to generate future cash flow. However, with so many uncertainties in the current marketplace, forecasting expected cash flow can be challenging.

Traditionally, most assets and liabilities were reported on the balance sheet at historical cost. Now, there’s a trend toward “fair value” reporting. Here’s how the change is affecting financial reporting.

The COVID-19 pandemic has caused many businesses to struggle financially, forcing some to even file for bankruptcy. A critical factor when valuing a debtor in bankruptcy is current economic conditions.

Join experts, including Brisbane Consulting Group partner, William Allen, CPA/ABV, CFE, for a 90-minute presentation that will provide family law attorneys with strategies to utilize tax returns and financial statements during divorce cases.

Data stored on social media platforms may be fair game in pre-trial discovery — even if the user limits access to personal posts. Many courts have decided that private isn't necessarily the same as not public, and they're granting discovery requests to obtain relevant social media evidence in civil cases.

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.