As a business owner, you're going to have to decide when will be the right time to step out of the family business and how you'll do it. There are many estate planning tools you can use to transfer your business.
Does your business report any assets at fair value? Are these estimates reasonable? Here’s how a valuation specialist can help management meet its financial reporting responsibilities and ensure adequate controls over these measurements.
If you buy or sell business assets in an M&A deal, you’re required to report the details of the transaction to the IRS. The tax agency may then compare what both parties report to ensure they’re identical.
The owners of many companies separate their business interests from the real estate interests related to their physical facilities. They typically do so to shield the real estate from the claims of creditors. But there’s another reason to consider ...
CPAs offer a wide menu of services. One of the lesser-known options is an agreed upon procedures (AUP) engagement. It uses procedures similar to an audit, but on a limited scale. It may target specific financial or nonfinancial data or a specific financial statement.
