The 21st century seems to be racked with fraudulent schemes. One of the most common is phone scams. Currently, the SEC has warned that impersonators are claiming to be government employees, by calling people and asking for personal and financial information.
The SEC has identified a number of ongoing investment scams in which con-artists [...]
Good financial records are very important. We realize this when it is time to file taxes each year, when our business needs valuation, and when litigation becomes imminent. Yet, if you keep every piece of paper that comes across your desk, you will create too much clutter to function effectively. What should you keep and [...]
There are many important reasons that business owners should know the value of their businesses. By understanding the financial health and accurate financial worth of your business, you will be able to successfully make impending business decisions based upon accurate knowledge.
However, popular myths about valuing a private business have held back some owners from getting [...]
The value of a business depends upon several factors, such as the number of years in business, number of employees, the amount and condition of equipment, the facilities, supplies and inventory, and the stability of earnings. The value of a business is usually a function of its earnings, not its tangible assets. There are three [...]
Every owner or CEO of a company should have a current business valuation in his or her files. Obtaining a professional business valuation will provide accurate and critical information for directing your business decisions.
Even if your company isn’t required to have a business valuation, it is still important to your company’s future to know exactly [...]
In today’s times of complex business, coupled with the daily news full of stories about cases of fraud, deceit, trickery, breach of confidence, dishonesty, deception, cheating and untruthfulness, it is time to protect ones business and financial interests.
At A.M. Golden Accountancy Corporation, located in Carlsbad, San Diego County, CA, we provide professional and responsive [...]
The credit for estate tax for individuals passing on in 2009 is $1,455,800. However, this credit cannot exceed the estate tax imposed. The effect is to exempt up to $3,500,000 in value of the property that you own as of the date of your death. A transfer tax liability may be owing [...]
Rules of Thumb are considered to be a theoretical market approach method based upon units of comparison. Rules of Thumb can be considered a quick approximation of value; however, reliance on them can be dangerous and present several problems because they are not very specific. Most rules of thumb are based upon [...]
The standard of value used for appraisal / valuation report is “marital value” as required by the San Diego County Superior Court Rules. The term marital value means the investment value of the business interest to a hypothetical, objective investor, considering the following factors:
Since there will be no change of ownership, there will be no [...]
There are many reasons to have a closely-held business valued, such as:
Business Disputes & Litigation Support
Divorce & Family Law Litigation
Partner Split-Ups
Charitable Contribution Programs
Purchase or Sale of a Business
Mergers and Acquisitions
Buy-Sell Agreements
Financing & Capital Infusions
Reorganization
Employee Stock Ownership Plans (ESOPs)
Estate Planning and Taxation
Gift Taxation
Shareholder and Partnership Buyouts and Disputes
Commercial Litigation
Granting of Purchase Options & Warrants
Eminent Domain Proceeding
Solvency [...]