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Lumsden McCormick provides resources to assist you as you plan for your business and personal success. Articles published by our accountants, resources available through our affiliation with the BDO Alliance USA and our industry-specific newsletters from our eNewsletter, Numbers First, are listed below. Click here to learn more about our affiliation with the BDO Alliance USA.
To subscribe to our free eNewsletter you may do so online or by contacting Maria Gambacorta.
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Monday, 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.
Monday, 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.
Wednesday, 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.
Tuesday, 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.
Monday, 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.
Tuesday, 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.
Wednesday, July 26, 2017
When it comes to valuing intellectual property assets, experts don't rely on gut instinct. Here's an overview of tried-and-true methods used to value copyright portfolios and other types of intellectual property.
Wednesday, July 26, 2017
Assets transferred to a limited partnership in an effort to remove them from an estate were, in fact, included in the value of that estate, the U.S. Tax Court ruled in one case. The reason: The deceased woman retained her rights related to the assets until her death and … more
Tuesday, June 27, 2017
Here's a recent appellate court decision that distinguishes a husband's viable going concern entity from case law involving "diminishing" assets.
Tuesday, May 30, 2017
Expert witness testimony can sometimes make or break a case. A recent federal district court case shows how a comprehensive written report can demonstrate that experts used proven financial theories and techniques to arrive at their conclusion.