by apexcpas | Jul 4, 2018 | Valuations
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 her four children....
by apexcpas | Jul 4, 2018 | Valuations
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 name, but...
by apexcpas | Jul 4, 2018 | Valuations
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 larger and more complex,...
by apexcpas | Jul 4, 2018 | Valuations
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 determine estate taxes, a...
by apexcpas | Jul 4, 2018 | Tax Planning
Tax planning is essential for two very important reasons. The first reason is to ensure you take advantage of opportunities BEFORE the year is over. The second is that you are informed well in advance of April 15th of what your potential tax liability will...