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Helping Procrastinators Stay on Track

It is a familiar scenario. As a manager, you have tasked an employee with a large project and given them a generous allocation of time to get it done. Yet, while they appear to be busy, they are not making any progress as their deadline looms. When it comes down to the wire, they spring into action, find their focus, and get the job done, often just in the nick of time. To read the full article in Financial ...

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Case Law Update: Real Estate Appraisal and Government Contracts

A closer look at real estate appraisal and government contracts A wife sells her portion of interest in a law firm in an arm’s length transaction and the timing and circumstances are questioned with regard to marital property. Adhering to cost accounting standards within government contracts and real estate valuation issues are reviewed in the latest Case Law Update. ...

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Tax Court Considers Renovation Value of $10M Home; Bankruptcy Court and Expert Testimony

A Petitioner Relies Reasonably on His CPA in Gaggero v. Commissioner, the Tax Court Finds. That Makes a Difference: Here’s Why. In Gaggero v. Commissioner, Judge Holmes at the U.S. Tax Court disagrees with the IRS’s contention that the plaintiff conducted an improper scheme to avoid capital gains.  In First Street Holdings NV, LLC v. MS Mission Holdings, LLC, Judge Markell at the U.S. Bankruptcy Court finds ...

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