An Inside Look at <em>Keller v. U.S.</em> :IRC sec. 2036 and Valuation Discounts

An Inside Look at Keller v. U.S. :IRC sec. 2036 and Valuation Discounts

Careful Estate Planning Overcomes IRS Objections Even After Sudden Death Keller v. United States resulted in a huge family limited partnership (FLP) win—$125 million—in Fifth Circu ...

Forensically Speaking With the Justice Department

Forensically Speaking With the Justice Department

Forensic Accounting Requires Nuance Performing forensic accounting in front of the Justice Department is like a wild rollercoaster ride, explains John DeLuca. Here’s why.  ...

Federal Cases:  ESOP Fidiciuary Responsibility, Valuation Misstatement Penalties, More

Federal Cases: ESOP Fidiciuary Responsibility, Valuation Misstatement Penalties, More

Plus: Bishop v. Commissioner Rules on When and Whether a Bad Debt Loss Can Be a Claimed Deduction In Schwab v. Commissioner, a case turns on when a variable universal life insuranc ...

Squashing Small Business

Squashing Small Business

Why VCs and Private Equity Pros are Sensitive to IRC 409A Valuations Rand Curtiss weighs in on why IRC 409A option-related valuations for small businesses do not solve real busines ...

Fairness Opinions: Sometimes the Best Defense is a Good Offense

Fairness Opinions: Sometimes the Best Defense is a Good Offense

What is Considered Good Business Sense Today May Be Considered a Breach of Fiduciary Duty Tomorrow. Pay Special Attention to Fairness Opinions. Are your clients risking liability a ...

The Role of Earnouts in Acquisitions

The Role of Earnouts in Acquisitions

Earnout Variables Often Account for 15 to 25 percent of Purchase Price in many Middle Market Acquisitions. Here are Tips for Structuring Them Carefully Earnouts typically appear in ...

Best Intentions: The Letter of Intent, Seller Beware

Best Intentions: The Letter of Intent, Seller Beware

Buyers and Sellers Have Different Relative Negotiation Advantages, and the Letter of Intent in an Engagement Helps Define Terms. Here’s How. While perhaps not the longest or most e ...

Where’s The Money?

Unreported Income Can Be Detected By Direct and Indirect Methods; Indirect Methods Examine Cash Inflows and Outflows. Here’s How. more ...

March 11, 2013

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