The Valuation Gap

  According to IBISWorld, 98% of business owners do not know the value of their business or have an unrealistic idea of the value of their business.[1]  Business owners who have unrealistic expectations on the value of their business can…

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A New Day, A New Way: Goodwill Impairment Testing

The measurement of goodwill and subsequent tests for impairment under purchase accounting rules is complicated and sometimes a source of controversy between companies and their auditors and advisors. Fortunately, the Financial Accounting Standards Board (FASB) has come to understand that…

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PEGs & ESOPs: An Unlikely Duo

On their face Employee Stock Ownership Plans (ESOPs) appear to be a vehicle for employee ownership and not something that invites Private Equity Group (PEG) investment due to differing ownership structures. On the contrary, ESOPs and PEGs can co-exist in…

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Disappearing Discounts

RUN, DON’T WALK. Go see your estate planner NOW! On August 2nd, the Treasury issued proposed regulations that will drastically change estate planning.  If you have, or anticipate having, a taxable estate, you should visit your estate planner as quickly…

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