by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Cavallaro v. Commissioner, 2014 Tax Ct. Memo LEXIS 189 (Sept. 17, 2014) So much for professional help! Hardworking taxpayers who built a successful business relied on estate planning professionals to effect a transfer of wealth that would minimize their tax liability....
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Usually when a business is professionally valued, owners and managers immediately check out the bottom line to see what the company is worth. They may pay little attention to the reasons behind the final number, especially if the report was prepared for internal...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Valuations
Diez v. Davey, 2014 Mich. App. LEXIS 2041 (Oct. 23, 2014) How does the law treat undistributed income from a parent’s S corporation for purposes of determining child support? This was the central question in a recent child custody case. The lower court relied on...
by Royer Advisors | Dec 11, 2024 | Valuations
Goodwill is one of the most valued assets for many small businesses. It exists among many different types of companies, from professional service firms to retailers to manufacturers. To place a value on this important piece of a business’ puzzle requires a valuation...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
Much of the valuation community’s attention in the past few months has focused on New York fair value proceedings. Now the Utah Supreme Court adds more fodder to the discussion with a decision that rejects the lower court’s reliance on precedent that prohibits...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
The 1993 Daubert case says that an attorney is permitted to challenge an expert witness’s credentials, and if successful, the expert will not be allowed to testify. One case before the U.S. Court of Federal Claims shows how an expert can successfully defend...
