April 24, 2024
Valuation Insights for Market Capitalization Reconciliations
Many companies are currently in the process of completing their annual goodwill impairment tests under the requirements of Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 350 Intangibles – Goodwill and Other.
April 24, 2024
Troubled Waters: International Reporting Obligations for U.S. Individual Taxpayers With Offshore Connections
Navigating the complexity and breadth of IRS reporting requirements for U.S. individuals with foreign financial investments requires a holistic understanding of the scope of possible penalties, as well as the current state
April 24, 2024
SAFEs and QSBS Considerations
In the venture capital and start-up world, Simple Agreement for Future Equity (SAFE) instruments have been used to raise funds by new business ventures since 2013. SAFEs were initially developed by Y Combinator Management,
April 24, 2024
The Bargain Sale: Exploring an Alternative to Outright Charitable Giving
Often overlooked in philanthropic planning, the bargain sale can serve as a valuable tool for both taxpayers and charities alike. Typically concerning less traditional assets such as real estate, artwork, or other collectibles,
February 14, 2024
Establishing Puerto Rico Resident Status – US Tax Benefits and Common Misconceptions
For high net worth individuals with a flexible work/life schedule, relocating to Puerto Rico could provide a potential opportunity to reduce federal and state taxes without having to give up U.S.
February 14, 2024
Planning for Alternative Investment Funds in 2024
Although 2023 didn’t bring large-scale changes to federal tax law, recent court cases, phased-out provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) and COVID-19 relief acts, state legislation, and potential
February 14, 2024
Top Tax Issues Impacting Businesses in 2024
The year 2023 saw a rebounding stock market, reduced inflation, and growing hopes for a soft landing for the economy. Amidst this economic environment were bank failures, congressional gridlock, and the continuation of geopolitical
December 07, 2023
The Current State of Play of Nonprofit NIL Collectives in College Sports
The economics of college sports changed in a seismic shift on July 1, 2021, when the National Collegiate Athletic Association (NCAA) adopted an interim policy allowing student-athletes to be compensated for the use of their
December 07, 2023
Valuation Can Make or Break Your QSBS Benefit
In a recent Q3 2023 Newsletter article, we outlined how Qualified Small Business Stock (QSBS) can be a powerful tool for certain taxpayers and how proper documentation and technical analysis are important to ensuring
December 07, 2023
Strategic Wealth Planning in a Higher Interest Rate, Uncertain Market
Taxpayers and their advisors face an uncertain future due to volatile markets, the potential for recession still looming, and increasing interest rates. While this uncertain market presents challenges, it also creates certain wealth