2009
Showing 673–678 of 678 results
-
Is it time to gift?
Winter 2009
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: The holidays are over, but you may want to consider one last gift for your family members: an equity position in your dealership. Now may be the optimal time to transfer shares because you can take advantage of low market values and decreased marketability.
-
Baby, it’s cold outside – Tap into your frozen cash stash
Winter 2009
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 980
Abstract: Every dealership experiences cash flow problems from time to time. But right now shortfalls seem the norm, rather than the exception. Stricter credit policies and frozen lines of credit are forcing dealers to look beyond traditional bank loans to make up the difference. Here are some ideas to alleviate the cash crunch.
-
Only words? Forensic document examinations consider content and context
January / February 2009
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 725
Abstract: Fraud investigations almost inevitably require documentary evidence to be examined — and it’s not a job for amateurs. Professional forensic document examiners review not only the content of documents. They also consider physical and latent evidence, such as handwriting, alterations and faded or decomposed material. To ensure accuracy and opinions that will stand up in court, experts follow scientific procedures and use technologies such as electrostatic detection apparatus.
-
Home run – FLLCs enjoy a Tax Court victory
January / February 2009
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 898
Abstract: In recent years, taxpayers have found themselves on the losing end in cases questioning the legitimacy of FLPs and FLLCs. But, in a 2008 case, Estate of Mirowski v. Commissioner, the U.S. Tax Court threw a curve ball, allowing family FLLC assets to be excluded from the decedent’s gross estate. This article summarizes the case and suggests that taxpayers can use the court’s findings to form and operate these vehicles.
-
Financial statement analysis – Don’t value a business without it
January / February 2009
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 708
Abstract: Merely accepting a company’s financial statements at face value can lead to seriously undervaluing or, more likely, overvaluing a business. Often, closely held companies fail to comply with GAAP, and financial data may be shaped to favor the owner’s interests. This article explains how experts review several years of financial statements and make normalizing adjustments such as removing nonrecurring items and adjusting expenses that a potential buyer wouldn’t likely incur. They also look for suspicious trends and relationships.
-
Discounting future losses for lost profits
January / February 2009
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 1042
Abstract: In many business litigation cases, financial experts must project damages for losses that the plaintiff will incur in the future because of the injury involved. Discounted future losses represent the amount of compensation needed now to replace that future lost income. But, as this article discusses, losses in a litigation context are different from the lost income that comes up in business valuation situations, requiring an expert to calculate a discount rate based on relevant risks.