ARTICLES

An economic loss analysis should be done by an economist, shouldn't it? Not necessarily. Choosing an economist to conduct economic loss analyses might seem an obvious choice, but there are several reasons why choosing a CPA may make more sense....

During the discovery process, CPAs can play a key role in ensuring that important financial facts are disclosed and all relevant financial documents are obtained. CPAs are skilled in such areas as financial auditing procedures, accounting...

As cliché as it may sound, one of the pillars of the accounting profession is integrity. The role of the accountant is so crucial for the successful operations of a business that CPAs have always been looked to with respect for their ability to...

On the surface, a recent Tax Court case appears unremarkable, but it involved application of the Internal Revenue Code to a rather unusual set of facts.  In 1962, Adelina Van immigrated to the United States from China, as a single mother with...

The time has come. You've decided to sell your business. You know that a great deal of your business's value comes from your existing client base. The potential buyer, whoever he may be, may not want your building, your processes or your company...

How to divide law partner compensation is an area of practice management that causes more problems for a firm than most other areas. Generally, the smaller the firm, the easier it is to make a decision on how to split money. But as firms grow...

Why do you need a business valuation? The prospective sale of the company might seem to be the obvious reason for getting a business valuation, but there are many other reasons as well.  They include: Estate, gift and trust planning– To...