Litigation Support

Dissipation Claims in Marital Disputes – They Can Be Costly

By |2019-04-17T15:36:55-05:00December 28th, 2018|Change, Damages, Forensic Accounting, Home, Investigation, Litigation Support, Saving|

Studies say that more than 50% of all marriages will end in divorce and one of the major breaking points are disagreements around finances. It’s not surprising that many divorces end up in legal battles over some financial matter. One common type of these disputes is known as a dissipation claim. Generally, a dissipation claim [...]

Divorce Can Hurt – A Case Study in the Tax Consequences

By |2019-04-10T13:28:41-05:00September 19th, 2018|Cash Flow, Litigation Support, Tips|

When I was a kid, my dad said something that has stuck with me throughout my life. Considering I grew up to be a CPA, the irony of his statement isn’t lost on me... He said, “Son, there are only two definite things we must do in this world, pay taxes and die.” The takeaway [...]

Deductibility of Alimony Going Away

By |2019-05-14T09:14:07-05:00May 1st, 2018|Advisory, Business Valuation, Change, Deductions, Litigation Support, Tax Planning|

Due to recent changes in federal tax law (The Tax Cuts and Jobs Act of 2017), alimony payments will no longer be tax deductible by the payor for income tax purposes through the year of 2025 for divorce decrees entered after December 31, 2018. Although alimony is not popular among those making the payments, there has [...]

Estate Planning vs. Succession Planning – What’s the Difference and Why Are They Important?

By |2019-04-10T13:31:51-05:00April 3rd, 2018|Estate Planning, Litigation Support, Succession Planning|

Strong succession plans are vital to the sustainability of the business and should include family meetings to discuss plans to join the business and the vision for the business . For even the most successful closely held business owners, succession planning can be even more difficult than other critical business decisions they have faced. One [...]

Are Non-Compete Agreements Essential to Proving Damages?

By |2019-04-10T13:37:00-05:00February 9th, 2018|Business Valuation, Damages, Litigation Support, Non-Compete, Sell|

Certain service businesses which rely heavily on their customer book of business are more likely to be damaged by the actions of an employee who has left the company with customer lists, trade secret information or other personnel and used it for their own financial benefit. Companies can incur a severe loss of value to [...]