The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a dozen years. It brings many changes that affect employers of all sizes, including some that could be particularly beneficial for smaller employers that sponsor retirement plans. Some of the changes, however, may increase the burden […]
For ESOP companies, many believe that they cannot offer other retirement plans, however, that is not the case. You and other privately held companies have numerous options at your disposal, many of which can work in tandem with an ESOP. 401(k) Plans 401(k)s are employer-sponsored savings plans that allow employees to set aside a percentage of […]
The concept of like-kind exchanges originated almost a century ago, but the tax-deferred structure we know today was created in 1954. Section 1031 of the U.S. Tax Code allows taxpayers to exchange property for similar property without incurring a tax bill. Until recently, Section 1031 allowed for both real and personal property like-kind exchanges, but […]
On December 17, 2019 Forrest Vickery and Henry Kaskov, principals at Sanli Pastore & Hill, Inc. gave a presentation on Estate Planning Appraisal Fundamentals to a nationwide audience for Lorman Education Service. Using their over 30 years of combined experience in performing valuations for estate planning, mergers and acquisitions, expert testimony and financial reporting, Forrest […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Tim D. Tribe of Ingen Financial Forensics. Tim has joined IR as our exclusive Forensic Accounting Member in US-Arizona. Tim D. Tribe, CPA/CFF, CFE, CICA is an experienced accounting professional, expert witness and fraud examiner and is the founding member of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Nevin Sanli of Sanli Pastore & Hill, Inc. Nevin has joined IR as our exclusive Forensic Accounting Member in US – California. Mr. Sanli is President and Founder of Sanli Pastore & Hill, Inc. He is responsible for the overall management of the […]
Greetings! In this month’s newsletter, we include an article outlining PwC’s annual study of post-Kumho challenges to financial expert witnesses under the Daubert standard. We hope you enjoy our articles and like our website. We’d love your feedback. Please reply to this email and provide your comments. Daubert Challenges to Financial Experts: […]
DAVID MUELLER, Plaintiff, V. TAYLOR SWIFT, et al., Defendants. Civil Action No. 15-cv-1974-WJM-KLM United States District Court, D. Colorado July 20, 2017. In this case, the plaintiff, David Mueller (“Mueller”) is suing Taylor Swift (“Swift”), yes, that Taylor Swift, for tortious interference with his employment contract and with related business expectancies, as an on air […]
The goal of this article is to make the reader aware of a recent decision in the Southern District of New York (“SDNY”) regarding the ability to compel discovery from independent forensic accountants retained by the law firm representing one of the parties to a litigation. In this case, AlixPartners, LLP (“Alix”) a forensic accounting […]
We were the accounting experts for the winning side in the undue influence case brought by Ron Perelman’s daughter against her uncle James Cohen – In the Matter of the Estate of Robert B. Cohen, Deceased, Docket No. BER-C-94-12, New Jersey Superior Court, Chancery Division, Probate Part: Decided June 24, 2014. In undue influence cases, […]
A family of two brothers and a father failed to pay millions they owed, claiming that they had no money. One of the family’s creditors believed that they had artificially reduced their reported income to avoid making any payments of their debts. We were retained by this lender to opine on the amount of compensation […]