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Showing 10241–10245 of 10245 results
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VoIP marries computers with telephones
Winter 2008
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 424
Abstract: Voice over Internet Protocol (VoIP), which provides phone service via the Internet, is hot and getting hotter. Some dealerships find it saves them money while creating efficiencies in the showroom that traditional telephone service never could. But before you ring wedding bells for Ma Bell and Papa PC, you need to consider this technology’s costs, functionality and risks.
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Think like an IRS agent – Beware of 9 red flags that invite an audit
Winter 2008
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 867
Abstract: With the IRS auditing about 1.3 million returns each year, dealers must stay on their toes. Obviously, the agency can’t audit every return, so it relies on key indicators — red flags — to narrow the scope. The best way to avoid trouble is to think like an IRS agent while examining your business and tax-filing practices. This article includes nine red flags that invite an IRS audit.
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All’s fair? Court rules on standard of value in shareholder dispute
January / February 2008
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 577
Abstract: The recent decision in Kim v. The Grover C. Coors Trust demonstrates the dramatic consequences that the very different definitions of fair value and fair market value can create. This article explores the issues in question and reinforces the notion that the parties to a valuation should clearly define the standard of value at the beginning of an engagement.
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What to expect from the new business valuation standard
January / February 2008
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 925
Abstract: The American Institute of Certified Public Accountants (AICPA) has issued a new valuation standard that takes effect for engagements accepted on or after Jan. 1, 2008. Statement on Standards for Valuation Services No. 1, Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset applies to all AICPA members, including those who perform valuations for certain purposes — including transactions, financings and taxation. This article discusses how the new standard can affect attorneys by permitting only two types of engagement reports.
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A question of relevance – Calculating lost prospective profits
January / February 2008
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 991
Abstract: Establishing lost profits for businesses that were never actually operational can prove difficult. In Parlour Enterprises Inc. v. The Kirin Group, a California appellate court weighed in on the key factors to consider when calculating prospective profits in such cases. As this article explains, the court’s decision emphasizes the need to hire qualified valuators who can build a case with reasonable certainty by using, for example, expert testimony, financial data and market surveys.