Financial statements are essential tools for evaluating performance, planning for growth and managing risk. Yet many business owners, board members, donors and investors don’t have formal accounting training. Presenting financial information in a clear,...
Nonprofits of all sizes often receive donations of tangible property, from clothing and household goods to artwork and equipment. But determining how to value those items isn’t always straightforward. Whether an organization is newly formed or well established,...
By Andrew Lopez and Kevin Zanni In this article, we will discuss wealth transfer tax planning and provide hypothetical examples to highlight the estate tax benefits provided by a business valuation. Sometimes it is important to consider how a simple planning strategy...
