Mar 28, 2024 | Blog, Tax, Tax Update
Summary After a long delay, the Virginia Department of Taxation can now process 2021 passthrough entity tax (PTET) returns. Electing passthrough entities (PTE) must file 2021 Form 502PTET through Virginia’s Business Online System by September 16, 2024 Those companies...
Mar 15, 2024 | Blog, Fraud Prevention and Investigation
By regularly analyzing risk, business owners and executives can better understand and manage the likelihood and potential impact of fraud. In general, there are two types of business risk: inherent and residual. Inherent risk is what exists before management takes...
Feb 26, 2024 | Blog, The Valuation Report
One of the most important factors in valuing a business is the quality of earnings, or QoE. In other words, are the company’s earnings sustainable and predictable over a period of time, and are past earnings a reasonable representation of future earnings? QoE impacts...
Feb 26, 2024 | Blog, Estate Planning
It is common for people to assume that foreign assets are not relevant to their “U.S.” estate plans. However, foreign — indeed, all of your assets — should be included in your estate plan. Financial experts can structure ownership of your foreign assets according to...
Feb 22, 2024 | Blog, The Valuation Report
One recent trend in business valuations is a move toward neutral valuations. Hired jointly by both parties, a neutral valuator will investigate the relevant facts, perform a business valuation, and produce a neutral appraisal report with no bias toward either party....