Interview with Carla Klingler, Vice President, Swerdlin & Company Kevin: We’re meeting today with Carla Klingler, Client Relations specialist...

Once-coveted retail spaces now hang “For Rent” signs in their windows. The retail industry is rapidly changing. There are many explanations why....

Guest Author Lou Vlahos, Esq, Partner, Farrell Fritz, P.C. The IRS continues to issue guidance in the much debated area of corporate spinoffs. A...

Employee Stock Ownership Plan (ESOP) trustee selection can have important regulatory implications, particularly with the Department of Labor (DOL)....

In a business owned by more than one partner, the need for a buy-sell agreement may seem remote, especially while the business is still young and...

Section 2704 Proposed Changes: Much Ado About Nothing? A Different Kind and Level of Estate Taxation? A Golden Opportunity? All the Above? The...

This recent estate tax case is rife with valuation issues. And it is one of the few that the issues are clearly defined and resolved.

Valuations frequently assume a third party will purchase a business and primarily run it unchanged.  This does not mean a buyer will continue to pay...

The Financial Accounting Standards Board (“FASB”) released the Accounting Standards Codification Topic 805 (“ASC-805”) in July 2009.  ASC-805, as...

Allocation of goodwill to personal goodwill can alter individual tax liability on the sale of a company.  Personal goodwill should be valued by a...

Owners of small businesses enter into buy/sell agreements with their partners to protect their interests in their largest investment, their...

We continue our series of articles on compensation with this blog on IRS Section 83(b) elections. A section 83(b) election allows an employee or...

Stock options and stock ownership plans are a popular and effective method of incentivizing employees, often at a low cost to both the employer and...

Stock options and stock ownership plans are a popular and effective method of incentivizing employees, often at a low cost to both the employer and...

James and Julie Kress (the “Taxpayers”) filed a lawsuit in United States District Court for the Eastern District of Wisconsin [Case...

Since 1975 and prior to April 2015, the definition of fiduciary as put forth by the Department of Labor included a five-part test. Only if all five...

At the American Bar Association (ABA) Section of Taxation meeting on May 8th, 2015, Catherine Hughes, of the Office of Tax Policy in the U.S....

No case is clear cut, but lessons often can be learned.  In the recently filed action, the Department of Labor v PBI Bank, Inc. and The Miller’s...