by Royer Advisors | Dec 11, 2024 | Court Rulings
Alli v. Commissioner, 2014 Tax Ct. Memo LEXIS 15 (Jan. 27, 2014) A taxpayer handed the IRS an easy victory when he challenged the government’s denial of his claim for a charitable contribution deduction related to his S corporation’s donation of a neglected apartment...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Hardenbrook v. United Parcel Service, Inc., 2014 U.S. Dist. LEXIS 15830 (Feb. 7, 2014) In an involved retaliation suit against UPS, which the employee won, one of the flash points was the calculation of lost future benefits, specifically the question of what the...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
If your Maine-based small business is considering acquiring another company, you probably realize the importance of hiring an expert in due diligence and valuation. Unless you’re well-versed in performing a comprehensive financial analysis of a business, it...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Valuations
Hill v. Hill, 2014 Tex. App. LEXIS 292 (Jan. 9, 2014) What happens to the commercial goodwill of a big accounting firm when a principal gets divorced? In a recent Texas appeals case, the wife accused the trial court of failing to account for commercial goodwill in...
by Royer Advisors | Dec 11, 2024 | Business Plans, Deductions, Tax Planning
Did you know there are certain tax breaks available to small businesses when they accommodate disabled individuals? This is a brief summation of three of those tax breaks: The disabled access credit A small business might be eligible for a nonrefundable credit when it...
