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  • Litigation Consulting - QuickRead Top Story

    Book Review: Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach

    June 3, 2026

    Published in 2020 by John Wiley & Sons, the third edition provides a practical and methodical discussion of economic concepts, analytical frameworks, and litigation issues commonly encountered in damages analysis. Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach by Patrick A. Gaughan is a valuable technical reference for professionals involved in business interruption and commercial damages engagements. Business interruption damages engagements often require forensic accountants and litigation experts to evaluate “but-for” financial outcomes under uncertain circumstances. These counterfactual analyses involve projecting what a business would have earned absent a loss event and comparing those expected results to…

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  • Case Law - QuickRead Top Story

    Estate of Kurt A. Amplatz, Security Bank & Trust Company v. Commissioner:A Case that Exemplifies the Service’s Statutory Obligations When an Estate Return is Selected and Penalties are Recommended, and What Ultimately is a Triable Issue Before the U.S. Tax Court

    June 3, 2026

    The recent U.S. Tax Court case, Estate of Kurt A. Amplatz, Security Bank & Trust Company v. Commissioner, offers QuickRead readers an opportunity to better understand what happens when the Service selects an estate’s 706 for audit, procedural issues that arise when motions for summary judgment are filed, and why penalty assessments under section 6662 are virtually always a triable issue. The ruling is cited extensively in the article because it provides those not familiar with a detailed roadmap of the Service’s statutory obligations and what is ultimately a triable issue. The recent U.S. Tax Court case, Estate of Kurt…

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Recent Posts

  • Jun 03, 2026 Book Review: Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach
  • Jun 03, 2026 Estate of Kurt A. Amplatz, Security Bank & Trust Company v. Commissioner:A Case that Exemplifies the Service’s Statutory Obligations When an Estate Return is Selected and Penalties are Recommended, and What Ultimately is a Triable Issue Before the U.S. Tax Court
  • May 27, 2026 Legal Update: Randall v. Widen: Admissibility of Rebuttal Witness Testimony
  • May 27, 2026 Discerning the Differences Between Audits and Forensic Investigations (Part I of II)
  • May 20, 2026 Leveraging AI in Business Valuations: Practical Applications, Ethical Boundaries, and Defensible Practice
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