by Royer Advisors | Dec 11, 2024 | Financial Planning, IRS Regulation, Tax Planning
If you’re spending one of Maine’s many rainy spring days to clean up your home or office, you may want to purge yourself of some old paperwork. But before completely cleaning out your filing cabinet or deleting old files from your computer, it’s important to know what...
by Royer Advisors | Dec 11, 2024 | Valuations
Judges are alert to incongruities in valuations, as is clear from a recent condemnation case in which landowners hired three experts to calculate the compensation owed to them. The court excluded all experts under Daubert, and it had particularly harsh words for the...
by Royer Advisors | Dec 11, 2024 | Uncategorized
Summer is fast approaching, which means many small businesses here in Maine are gearing up for their busiest time of year. Of course, an increase in workload requires an increase in labor to handle it — and that often means hiring teenagers who are out of school for...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Tucker Cianchette has won a nearly $6 million verdict against his father over the failed buyout of a Yarmouth car dealership, exposing a rift in one of Maine’s most prominent business families. Cianchette sued his father and stepmother, Eric and Peggy Cianchette, on a...
by Royer Advisors | Dec 11, 2024 | Accounting Standards, Business Plans
Under the Fair Labor Standards Act, salaried employees whose job duties are executive, administrative or professional (EAP) in nature and who earn at least $455 per week aren’t eligible for overtime — no matter how many hours they work. Because of this, small business...