A New Maine Tax Law Could Reduce Your Federal Tax Bill — Here’s What You Need to Know

by rob | May 18, 2026 | Taxes

We want to make you aware of an important new Maine tax law signed in April 2026 that may create a meaningful opportunity to reduce your federal income taxes. It’s called the Maine Pass-Through Entity Tax (PTET), and it applies to many of our business clients...

U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes

by rob | Oct 21, 2025 | Court Rulings, Valuations

Connelly v. United States, 2024  The U.S. Supreme Court took on this case because of a split between two circuit courts. In the first case, Blount v. Commr., the 11th Circuit Court of Appeals reversed the Tax Court and excluded the insurance proceeds that accrued as a...

Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands

by rob | Oct 8, 2025 | Court Rulings, Valuations

Trethewey v. Trethewey, 2024 Overview. The judge awarded $1.7 million to Rosalia from the Wells Fargo account because the money transferred to her should not have been considered as a marital asset free from its liability. (Editor’s note: It was an account holding...

Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit

by rob | Sep 23, 2025 | Court Rulings, Valuations

Walker v. Daniels, 2024 This was an Iowa appeal of a trial court decision of an oppression suit filed by two sisters who were minority shareholders in a family farming operation. This was a dispute between three brothers and their two sisters over their family farming...

New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife

by rob | Sep 10, 2025 | Court Rulings, Valuations

Rigas v. Rigas, 2024 The judgment of the Supreme Court was appealed on this New York divorce case to the New York Court of Appeals. The appeals court affirmed the award of 20% of the during-marriage appreciation of the husband’s business, ARC Electrical &...