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Court Affirms FMV Determination for S Corp Medical Practice

Court Affirms FMV Determination for S Corp Medical Practice

by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation

Gentile v. Gentile, 2013 U.S. App. LEXIS 5051 (March 13, 2013) In appealing the fair market value determination of his medical practice, the husband claimed that the trial court erred when it included goodwill as a divisible asset and that its conclusion had no...
Bad behavior in forced buyout triggers marketability discount

Bad behavior in forced buyout triggers marketability discount

by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings, Financial Planning

Wisniewski v. Walsh, 2013 N.J. Super. Unpub. LEXIS 724 (April 2, 2013) Children learn that bad behavior has consequences. An appellate court recently taught a similar lesson to a troublemaking shareholder whose doings forced a buyout. Three siblings each owned a...
Tax Court Predicates Bonus on Increasing Asset Sale Price

Tax Court Predicates Bonus on Increasing Asset Sale Price

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...
Unclear Valuation of Family Business Interests Requires Remand

Unclear Valuation of Family Business Interests Requires Remand

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%...
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Recent Posts

  • A New Maine Tax Law Could Reduce Your Federal Tax Bill — Here’s What You Need to Know
  • U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes
  • Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands
  • Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit
  • New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife

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