Why Timing Is So Important When Valuing a Business
Before jumping headfirst into a business valuation, you need to iron out the fundamentals. One critical factor to identify up front is the effective valuation date, especially in today’s volatile market conditions. What’s appropriate may vary depending on the valuation’s purpose.
Beyond EBITDA: Key Factors That Affect Business Value
Financial statements play a critical role in valuing businesses for mergers and acquisitions (M&As). Prospective buyers turn first to financial metrics—such as earnings before interest, taxes, depreciation, and amortization (EBITDA)—when deciding how much they’re willing to offer.
What You Need to Know About Kwong v. United States and COVID-Era IRS Penalties and Interest
A recent Court of Federal Claims decision, Kwong v.
Is the IRS Auditing You? Here’s What to Do Next
If you’ve received a notification that you are being audited by the IRS, you may feel overwhelmed or like you’ve done something wrong.
On-Demand Pay for Your Employees: Coming Soon to QuickBooks
QuickBooks has announced that On-Demand Pay will soon be included as part of QuickBooks Payroll subscriptions. This feature will allow employees to access a portion of their earned (but unpaid) wages through QuickBooks Workforce.
10 Tips for More Effective Budgeting with QuickBooks Online
You may not enjoy creating budgets, but QuickBooks Online nails the mechanics for you.
Thinking About Selling Your Small Business?
The motivation to sell rarely stems from a single reason. Retirement, an unsolicited offer, changes in the market, or shifts in personal circumstances are just a few of the many factors that can lead to a sale.
The Pros and Cons of Working with Family Members
Bringing family members into a small business can be appealing because of the trust and values you share; however, this can easily become complicated. If you are considering bringing family into your small business, here are some key pros and cons to review before acting.
How to Choose Your Beneficiaries
Beneficiaries are an important part of your estate plan, as these are the people or organizations that will ultimately benefit from your estate. Your specific beneficiaries often give a purpose and guidance for what you’re leaving behind.
Trust Taxation: Considerations for Grantors and Beneficiaries
Trusts are legal arrangements used to protect and distribute assets, often as part of estate planning. They are taxed differently than ordinary investment accounts, depending on their structure and the type of income they generate.