by Royer Advisors | Dec 11, 2024 | Business Plans
To succeed in the 21st century, manufacturers must embrace the latest technological innovations. As part of this trend, factories around the world are starting to use blockchain technology. Although the concept is shared by businesses in various industries, it’s...
by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning, Tax Preparation
Every dollar counts, especially as the COVID pandemic continues to create economic uncertainty here in Maine and throughout the country. As tax season arrives, it can be helpful to learn about federal income tax credits that can significantly lower your tax...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
The Indiana Court of Appeals and the South Carolina Supreme Court recently issued noteworthy rulings on the appropriateness of discounts in valuing minority interests. The contexts in which the issue arose were different, but, in both cases, there was a compelled sale...
by Royer Advisors | Dec 11, 2024 | IRS Regulation, Tax Planning
This past Friday marked the opening of Maine’s recreational marijuana market, which allows licensed retailers in the state to legally sell cannabis and cannabis products. While marijuana businesses in Maine may be in compliance with state laws, the federal government...
by Royer Advisors | Dec 11, 2024 | Court Rulings, IRS Regulation, Valuations
Grieve v. Commissioner In a gift tax dispute, the U.S. Tax Court recently found for the taxpayer when it rejected the unusual reasoning and methodology the Internal Revenue Service’s trial expert proposed to keep low the discounts applicable to the nonvoting...
