Sellers want to sell stock. Buyers want to buy assets. Though this common truism applies in the international acquisition context as much as in the domestic, it has become a little more complicated in the international arena… read more
An individual’s UK tax residence status has a significant bearing on the amount of income and gains that is taxable in the UK. Somewhat surprising then is the fact that the United Kingdom does not have a clear definition… read more
As we take time during the holidays to reflect on family and friendships, thoughts about our investments may be difficult to avoid. Many holiday party conversations will certainly involve the recurring headlines regarding… read more
Goodwill is not amortized under current U.S. generally accepted accounting principles (GAAP). However … The Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic Number 350 (ASC 350) mandates… read more
The landscape for renewable energy is subject to constant change. Significant portions of the renewable energy industry became economically viable due to federal and state incentives, including tax credits, grants and loan… read more
Whether you are an employer of thousands or an employer of one, you could be sitting on a tax powder keg. Did you treat someone as an independent contractor not subject to employment tax withholding? With increasing frequency,… read more
As the new administration in Washington prepares to deal with monumental economic challenges, both domestic and global, a bright spot can be seen on the horizon that is most likely the illumination from a solar panel. The… read more
Entertainers undoubtedly incur many expenses in their industry, but the divide between personal and business motives is not always clear. In our previous issue of For the Record, we briefly discussed tax planning issues for… read more
When equity interests are transferred, appraisal reports are often required for tax purposes. When the subject interest represents a minority interest in the underlying business or asset, the interest is typically valued… read more
Following the recent market pullback, uncertainty is a common concern shared among the majority of investors. The second half of 2010 and the first half of 2011 saw a slow and steady climb in the S&P 500, and may have… read more