Denny

About Denny Taylor

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So far Denny Taylor has created 4 blog entries.

What Determines Fair Market Value?

By |2017-10-13T11:43:25-06:00October 5th, 2017|Business Valuation, Succession Planning|

A recent Minnesota case illustrates how multiple sides in a lawsuit can come to widely varying estimates of the value of a business.  In Lund v. Lund, 27-CV-14-20058, Hennepin County, Minnesota, the plaintiff had tried for nearly twenty years to obtain a buyout order for her 25% interest in the Lund businesses.  Lund included a [...]

The Case of the Ambiguous Expert

By |2017-10-13T11:43:05-06:00September 7th, 2017|Business Valuation, Shareholder|

In a recent case, a Wisconsin family owned business wanted to exercise its option to buy back the shares held by the son of the majority owner, his father. A poorly written business valuation report combined with an ambiguously written shareholder agreement resulted in lengthy and contentious litigation between the son and the company over [...]

Appeals Court Orders Tax Court to Revalue a Business, Saving the Taxpayer Millions

By |2017-10-13T11:42:08-06:00August 10th, 2017|Business Valuation, IRS|

The key to this case is the premise of value concept.  Premise of value poses the question, “Is the business an ongoing business or is it one in which the business will go into dissolution?” The Tax Court’s valuation failed to adequately consider the premise of value, resulting in an appeals decision in favor of [...]

What Happens to a Trust in a Divorce

By |2017-04-26T13:58:52-06:00January 1st, 2017|Business Valuation|

What happens to a trust during a divorce? The answer is, “It depends.” Denny Taylor, MBA CPA ABV CFF, a forensic and valuation principal with TD&T CPAs and Advisors, P.C. addresses this situation. “Suppose a husband and wife are getting divorced and the wife is a beneficiary of a trust. A court will rule [...]