by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Towerview LLC v. Cox Radio, Inc., 2013 Del. Ch. LEXIS 139 (June 28, 2013) Five years after the 2008 economic meltdown, observers look back with a good deal of hindsight. But when the Delaware Court of Chancery recently assessed the reliability of prerecession...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Debt & Financing
If your Maine-based small business has customers that don’t pay their bills, there could be a last resort: You can deduct a bad business debt in the year it becomes worthless, as long as you’ve tried everything to collect. In order to get the write-off,...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans, Financial Planning
Operating in today’s business world can sometimes seem like you’re navigating a legal minefield. You must be aware of, and comply with, numerous laws and regulations. A misstep can result in expensive and time-consuming legal challenges. Filler &...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Court Rulings, Financial Planning
A “working condition fringe benefit” is tax-free to your employees and deductible by your Maine-based company. To qualify for this tax-favored treatment, however, the expense must be “ordinary and reasonable” under the circumstances. In...
by Royer Advisors | Dec 11, 2024 | Valuations
Marine Travelift, Inc. v. Marine Lift Systems, Inc., 2013 U.S. Dist. LEXIS 91268 (June 28, 2013) Valuation experts often build on someone else’s assumptions to make reliable calculations. But can an expert simply evaluate and validate information from others without...
