Leadership; You Will Know It When You See It “I always admired a subordinate who could stand up and say ‘you said it, chief.’” – quote from a long-time entrepreneurial client We have all had experience with leaders, and I would be the first to admit that I openly copied the leadership traits of those…
There are many reasons why owners of small businesses decide to pursue a liquidity event, some of which include health and/or age of the owners, timing in the business cycle or life cycle of the company, the personal desires of the sellers, general economic indicators, trends in capital markets, tax issues and other factors. The…
Tax Reform: Five Headlines You’re Sure to Read It’s not often that tax law rises to the forefront of the public consciousness. But that’s where it is heading…maybe for mere weeks, but possibly for months or years. A timewhere discussions of deductions and talk oftax brackets will dominate newspaper pages, Facebook timelines, and Twitter feeds….
Share Running To Give Back Some of our runners joined Withum 300 to stay or get in shape. Others did it to hold themselves accountable. Or because they have a genuine passion for running. And then some participate for the sense of community — joining together with the purpose of hitting a common goal. With…
Agile ERP Implementation: Continuous Improvement Through Rapid, Incremental Updates and Value Realization Big bang ERP implementations are out and rapid, agile ERP implementations are in. Leading edge software engineering organizations have embraced agile development principles for years but now it’s time for ERP implementers to adopt similar principles. As the speed of business increases every…
Share A transfer price is the price charged for intercompany transactions among related entities. The principles of I.R.C. Section 482 require that intercompany transactions be priced at arm’s length. Although ostensibly a simple concept, the arm’s length standard has spawned thousands of pages of regulations, rulings, and opinions. In its most basic form, the arm’s…
In this installment of Basic Concepts on Valuing Earn-Outs, we’re going to switch gears. To this point, we have defined earn-outs, highlighted some of the valuation changes and even narrowed the selection of the appropriate methods to the PWERM and OPM under the Income Approach. On the assumption that we are all on the same…
Forensic and valuation services professionals are required to follow various authoritative standards for professional responsibilities and ethics. The most important standards that apply to forensic and valuations services professionals are the American Institute of Certified Public Accountant (AICPA) Code of Professional Conduct, Statement on Standards for Consulting Services (SSCS) No. 1, and the Statement on…
Transfers to Foreign Corporations-Form 926 All Transfers are not Created Equal. U.S. Code 6038B-Notice of certain transfers to foreign persons requires reporting of transfers of tangible or intangible property to foreign entities under certain conditions. To comply with this requirement, taxpayers must file form 926. Below, we will touch on some key topics on this…