Every tax filing season tax scams and frauds increase exponentially. I suspect that scammers pick up on overall IRS anxiety and use that to get victims to send them money more easily. This year the Treasury Inspector General has said that so far 2014 has seen the highest level of scammer activity ever, with [...]
If you are a foreign national looking to make an entry to the US market, an E-2 Investors Visa could be right for you. If your home country has a treaty with the US, (list found here), the E-2 Visa allows you to invest capital ($50,000+) and establish a business in the US. The E-2 Visa [...]
Our Tax Season is in full swing now, and the entire staff is working themselves to death trying to keep up with the influx of projects. Regardless, nobody actually expects to die at work in a CPA firm. Other than clogging a few arteries with the ever present cookies and snacks that seem to [...]
In the upcoming fifth edition of their essential book, Cost of Capital: Applications and Examples, Shannon Pratt, FASA (Shannon Pratt Valuations), and Roger Grabowski, FASA (Duff & Phelps), reveal new analysis that examines the existence of the size premium. Background. A company’s size is one of the most important elements of risk to consider when [...]
Do I need a forensic accountant? This is a question we get asked on a regular basis. While there is no definitive answer, here are some markers that might indicate the need of a forensic accountant. Is there a business involved? Retirement accounts? Suspected hidden income? Community property? Fraud? If any of those bullet points [...]
Alexander v. Alexander, 2013 Mich. App. LEXIS 1490 (Sept. 10, 2013) (slip op.) It is no mystery that financial experts rely on the Ibbotson SBBI Valuation Yearbook for their valuations, but what makes a recent divorce case intriguing is how two experts used the same authority to argue for a vastly different equity risk premium [...]
