by apexcpas | Jul 4, 2018 | Valuations
The Tax Court has ruled that a company could not modify the purchase price allocations it had agreed to in connection with two asset acquisitions. In the case of Peco Foods Inc., et al. v. Commissioner (TC Memo 2012-18, Jan. 17, 2012), Peco Foods acquired...
by apexcpas | Jul 4, 2018 | Valuations
A recent Tax Court decision presents a how-to list of steps to avoid when using a family limited partnership (FLP). Here is what happened. In 1984, Dr. Paul Liljestrand transferred various real estate assets to a revocable trust, and his son Robert took over...
by apexcpas | Jul 4, 2018 | Valuations
Discounted cash flow is a widely used income approach method of valuation. What does it mean to discount? A discount is a deduction made to a sales price or value. With that being said, how is a deduction to value a valuation method? Here’s a brief look at how it...
by apexcpas | Jul 4, 2018 | Valuations
You are ready to put out feelers for selling your company. Perhaps you have contacted your CPA to have some preliminary due diligence begun. As you prepare to finalize your asking price, issues arise that you hadn’t planned on. Hidden liabilities – those unplanned-for...
by apexcpas | Jul 4, 2018 | Valuations
Business valuation can seem to be as simple as a multiple paid against your last year’s earnings. But the truth is, valuation is an ever-evolving field, and recent advances continue to affect how valuations are performed. The goals are still to determine “What is the...
by apexcpas | Jul 4, 2018 | Valuations
They call you in a panic. They need your advice right away. You drop everything and work hard to get them the information, documents or whatever they need. Then they sit on your invoice for months. Hopefully, this scenario represents only a small portion of your...