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Business Valuation News

Financial Statement Adjustments in Valuation

The value of a business is not directly determined by its historic performance. Instead, investors are more interested in the economic benefits the business will generate in the future. Past performance is only relevant to the extent that it demonstrates trends and is...

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Evaluating a Business Valuation Report

Anyone with a little business and financial knowledge can do a quick-and-dirty calculation using a industry rule of thumb, such as multiple of annual sales or earnings. But experienced valuation professionals apply tested valuation approaches that are based on real...

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The Impact of the Wayfair Decision

The recent Wayfair decision has drastically altered the landscape for states that want to collect sales and use taxes. In short, this ruling undid decades of precedent and stated that a business does not have to have any physical presence in a state in order for that...

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Vacation Home Rentals and Reporting Income under Tax Reform

Do you own a vacation home that's rented out but also used for a significant amount of time by you personally? Such properties are subject to tax rules that are different from those that apply to properties rented out with minimal personal use. Here's how to optimize...

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Myths and Truths About Business Valuation

The business valuation profession has grown rapidly since 1980. Over the decades, it has developed from a rudimentary process into a highly sophisticated mix of art and science to determine the value of a business or business interest. However, many business owners...

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Business Valuations Are Not Commodities

Privately-held business owners might need appraisals of their interests for many reasons, including: Strategic planning, Mergers, acquisitions and shareholder buy-ins (or buy-outs), Equitable distributions of marital estates, Minority shareholder disputes, Bankruptcy,...

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An Accountant, A Banker and An Attorney…

An accountant, a banker and an attorney walk into a room.....yep, sounds like the beginning of a great joke, right?   Well, not so fast because it happened a few weeks ago when Pugh CPAs, Home Federal Bank and Egerton,McAfee, Armistead & Davis got together for their...

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“Aggregating” Businesses Can Boost Your QBI Deduction

Recently proposed IRS regulations provide aggregation rules that allow eligible individuals to "aggregate" their businesses in order to maximize the new qualified business income (QBI) deduction. Specifically, they may be able to combine income, W-2 wages and the...

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Succession Planning Requires Smart Strategies

Succession planning is important in any business, but it's sometimes overlooked in family-owned operations. This is a big mistake. There are numerous former family-run companies that no longer exist due to poor or no succession plan. The plan needs to be well thought...

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