Posts Tagged ‘Accounting’
The Undisputed Value of an Expert Witness
A lawsuit of any nature is built upon facts and each side’s ability to present those facts in a convincing manner. When the facts involved in a lawsuit are particularly complex or difficult to understand, an expert witness is often called upon to lend their acute knowledge of the subject matter. From education to experience…
Read MoreWhy Would I Need IRS Representation?
No business owner wants to receive an IRS audit letter. From panic to fear, IRS audits elicit an immediate reaction from even the most by-the-book business owners. The harsh reality is that anyone can receive an IRS audit letter, regardless of how comprehensive the business’s accounting, bookkeeping, tax planning, and tax preparation may be. Whether…
Read MoreBusiness Valuation in Divorce
When a couple decides to get a divorce, there are a wide range of financial factors that will come into play while dividing marital assets. Equitable distribution refers to the division of assets and liabilities during the divorce process. All of these financial figures will be based on the fair market value at the time…
Read More19 Reasons You May Need a Forensic Accountant
From finance to business to legal issues, the role of a forensic accountant stretches further than many people realize. Sure, the $360 billion hit the economy takes each year due to corporate fraud gets most of the attention, but the reality is that forensic accounting weaves its way into a plethora of situations. Forensic accountants…
Read More7 Common Mistakes to Avoid This Tax Season
An unfortunate combination of the government shutdown and the usual millions of tax returns needed to be processed has resulted in the Internal Revenue Service (IRS) scrambling to get things back in order. Now that the IRS has reopened, its employees are working diligently to resume their regular operations. On January 28th, the IRS opened…
Read MoreSearching for Hidden Assets in a Divorce Settlement
The division of martial assets is often far more complicated than either party in the divorce estimates it to be. As such, the attorneys involved in the case will typically advise that a valuation expert or forensic accountant get involved in the process. Forensic accounting serves to reveal any hidden income, hidden assets, or assist…
Read MoreSetting Actionable, SMART Business Goals for 2019
Business owners and executives are typically tasked with maintaining a bird’s-eye view on both the organization’s current health and forecasted future health. It is from this perspective that critical decisions are made and the overall direction of the company is established. As 2018 comes to a close, time is of the essence to evaluate the…
Read MoreIs It Time To Restructure Your Company?
Upon launch, companies are forced to choose the type of entity in which they will operate. Unfortunately, what makes sense during the infancy phase of an organization, may not work well as the company develops and grows into maturity. Restructuring a company can take many different forms. From transitioning into a different level of operation…
Read More2018’s Most Notable Mergers and Acquisitions So Far
The first half of 2018 saw announcements of over $2.5 trillion in mergers, setting a record stretch of deals. These mergers and acquisitions were largely in the energy and power, media, health care, industrial, financial, and tech space, as competitors of Silicon Valley fought against its continued ruthless pursuit of market domination. M&A activity reached…
Read MoreThe Ins and Outs of an Expert Witness
The role of an expert witness can end up being instrumental during litigation, as legal proceedings often depend upon their technical knowledge or skillset for clarification on the matter at hand. When the facts of a case are rather complex, the court relies on the specialized knowledge of the expert witness. In doing so, the…
Read More