by Royer Advisors | Dec 11, 2024 | Court Rulings, IRS Regulation, Tax Planning
Aries Communications Inc. v. Commissioner, 2013 Tax Ct. Memo LEXIS 111 (April 10, 2013) What qualifies as a reasonable success fee for the employee who is also the hands-on owner of the company and played a key role in the profitable sale of some of the...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation
Farrell v. Farrell, 2013 Ark. App. LEXIS 33 (Jan. 23, 2013) The wife appealed the trial court’s decision to assign all interest in the family businesses to the husband, which, she claimed, left her with a shortfall of $4.4 million. The husband owned a 19.4%...
by Royer Advisors | Dec 11, 2024 | Court Rulings
Charles v. Charles, 2013 Cal. App. Unpub. LEXIS 2386 (April 2, 2013) “The subtext of this date-of-valuation-of-a-community-business case,” the California Court of Appeal said, “is how a strategy can backfire.” The operating spouse of the...
by Royer Advisors | Dec 11, 2024 | Court Rulings
On April 26, the Florida legislature passed a bill that requires courts to evaluate expert testimony under the Daubert standard. If the governor signs it, the law will go into effect on July 1, and Florida will join the majority of state courts and the federal courts...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation
Sharp v. Sharp, 2013 Neb. App. LEXIS 58 (April 9, 2013) One of the principal issues in this divorce case was the trial court’s valuation of two medical practices in which the husband had varying interests. On appeal, the husband objected that one valuation...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings
Christou v. Beatport, LLC, 2013 U.S. Dist. LEXIS 9034 (Jan. 23, 2013) In a suit (D.C. Colo.) involving dueling dance club owners and their businesses, the defendants filed a Daubert motion to exclude expert testimony regarding lost profits and lost enterprise value....
