Posted by D’Marie Murray on June 27, 2019
Beneficiaries of a South Dakota estate failed to make a payment when submitting a federal estate tax return — and again failed to pay when the IRS subsequently notified them of additional assessments. The IRS sued. In U.S. v. Ringling (2017), a district court reviewed the facts and ultimately granted the IRS's summary judgment motion.
Posted by Donna Gonser on June 26, 2019
Are the words “nonprofit” and “business” completely at odds?
Posted by Louis Cercone Jr. on October 23, 2017
Filing insurance claims for business interruption may seem overwhelming, so many business owners hire outside financial experts to handle the details while insiders restore normal business operations.
Posted by Douglas Sosnowski on September 25, 2017
Thinking about selling your business? Before hiring someone to advise on its value, it's important to get referrals from trusted sources and conduct due diligence on the qualifications and reputation of the individual and his or her firm.
Posted by Matthew Bartle on August 30, 2017
Cyberattacks against individual taxpayers are down, thanks to security measures set forth by federal and state tax agencies. Thefts of business data, however, are rising, and the costs of these breaches can be significant.
Posted by William Allen on August 29, 2017
A buy-sell agreement is a critical component of succession planning for many businesses - don't underestimate the human side to these arrangements.
Posted by Louis Cercone Jr. on August 28, 2017
During discovery, the lawsuit parties may intentionally withhold evidence until the last minute to gain an advantage. Most judges frown upon such game-playing, so it's a good idea to share information openly, though legitimate delays may occur.
Posted by Jill Johnson on August 15, 2017
A federal grand jury indicted two former officials of a Florida technology firm with conspiring to obstruct an SEC probe into the sale of their company. The charges run parallel to allegations against two former executives of the acquiring company for accounting fraud.