U.S. Gift Tax Lifetime Exemption Set to Expire Current Gift Tax Regulations are Set to Expire at the End of 2025 Leading to a Nearly 50% Reduction in the Lifetime …

Market’s Reaction to Rate Cuts in a Recession Authored By: Martin Hanan, CFA, and Andrew Pearson Over the past 51 years, the U.S. economy has seen seven distinct recessions: the …

Case Study: The Value of a Voting Premium Traditional Valuation Methodologies Are Problematic Traditional valuation methodologies, including the Income Approach, Market Approach, and Cost Approach (the “Traditional Valuation Methodologies”) are …

Case Study: SEC Challenge of Reverse-Merger Share Price Use of Third-Party Valuation vs. Trading Price of Public Shell  At the time of the reverse-merger transaction (the “Transaction”), the Company was …

Attaining Reasonable Certainty in Economic Damages Calculations The Issue at Hand In the US, most courts require expert witnesses to prove damage amounts with “reasonable certainty.” In other words, has …

Common Transfer Pricing Mistakes The Issue at Hand The Internal Revenue Service (IRS) has issued a transfer pricing roadmap that is expected to impact the conduct of transfer pricing audits …

Healthcare Compensation Arrangements at Risk OIG Issues Alert on Physician Compensation The Issue at Hand  The Office of Inspector General (OIG) released an alert declaring physician compensation agreements that exceed …

An Easy Tool for Determination of Personal v. Enterprise Goodwill The Issue at Hand The characterization of “value” between personal and enterprise goodwill is becoming an increasingly important business valuation …

Possible Changes to Valuation Discount Rules are Unlikely This paper highlights the arguments and logic concerning REG-163113-02 (the “Regulations”) that the Treasury Department and the Internal Revenue Service new regulations …

Case Study: Audit Risk for Captive Insurance Companies Use of Small Captive Insurance Companies as Abusive Tax Shelters Small Captive Insurance Companies A Captive Insurance Company (CIC) is an insurance …

How Companies Can Create Value through Customer Loyalty Programs Introduction Ask any frequent flyer whether they would prefer to fly American or Delta, and they will likely express a very …

The Death of the Conglomerate Introduction Bigger isn’t always better and a rising tide doesn’t lift boats that are too heavy to float. Conglomerate companies might be able to absorb …

Better Apart? How Companies Can Create Value through Spinoffs & Divestitures  Recently General Electric (GE) made headlines over its plan to divide the company into three separate companies focusing on …