Potential Tax Deficiencies

Article:  In a marital dissolution, most of a couple's assets and liabilities are valued regardless of whether a state follows equitable distribution or community property rules. Frequently, one of the assets included in the marital estate is an interest in a closely held business.
Published on December 29, 2010

Two Recent Tax Law Changes That Could Affect Your Divorce Case

Article:  The American Recovery and Reinvestment Tax Act of 2009 (the "Act"), a result of the Stimulus Bill, has given rise to several changes to the tax law to help ailing small businesses in light of...
Published on September 16, 2010

Illustrations Relating to Tax Engagements

Guidance:  Scope and illustrations of applicable services related to personal tax engagements. Provided for guidance and use pursuant to SSVS No. 1
Published on April 25, 2013

Quick Reference Divorce Guide to Divorce-Related Tax Matters

Brochure:  This document summarizes some tax issues that arise during divorce proceedings and the challenges that may affect family law practitioners
Published on April 03, 2013

Quick Reference Guide to Divorce-Related Tax Matters

Overview:  This conveniently tabbed document summarizes many of the tax issues that arise during divorce proceedings and the challenges that may affect family law practitioners. Topics covered in this handy reference guide include filing status; stock option and deferred...
Published on April 20, 2011

Divorced Who Can Claim the Child as a Tax Exemption

Article:  The Internal Revenue Service has removed the doubt of their intention relating to non-custodial parents and their ability to a claim a child tax exemption. As many of you know, FORM 8332 – RELEASE/REVOCATION OF RELEASE OF CLAIM TO EXEMPTION FOR CHILD BY CUSTODIAL PARENT has been in existence for
Published on September 16, 2010

Form of the Business

Article:  Guideline company information, particularly from the public marketplace, is reported on an after-tax basis. It is especially important that the practitioner understand the tax implications when comparing guideline company or industry information with the subject of the valuation. The practitioner needs to...
Published on December 28, 2010

FVS Consulting Digest May Issue

Newsletter:  In our lead story, Frank Wisehart details the short-term opportunities relating to the current gift tax exemption rates. Randal A.Wolverton shares how practitioners can ensure their safety during interviews
Published on September 27, 2012

Employee Stock Ownership Plans

Article:  An ESOP is an incentive ownership arrangement funded by the employer. Generally, employer stock is contributed instead of cash. ESOPs provide capital, liquidity, and certain tax advantages for private companies whose owners do not want to go public
Published on December 28, 2010

Family Law Resources

Overview:  ...CPAs are engaged in assisting attorneys in alimony and child support negotiations and calculations, locating and valuing marital property, providing expert witness testimony, and calculating the tax issues related to the divi
Published on May 03, 2013

Statement on Standards for Consulting Services No. 1

Professional Standards:  The AICPA Code of Professional Conduct applies to all services rendered by AICPA members. Certain sections of the Code of Professional Conduct have particular applicability to the practice of business valuation and litigation services.
Published on February 11, 2011

2008 AICPA and AAML Divorce Conference Materials

Conference Materials:  Gain access to the materials presented at the 2008 AICPA/AAML Divorce Conference that took place on May 8-9. Learn More>>
Published on May 07, 2010

Business Valuation

Overview:  The following links provide technical guidance and information relating to all areas of Business Valuation and Forensic Accounting.
Published on March 26, 2013

IRS Charitable Contribution Comment Letter

Comment Letter:  The AICPA has provided comments on the proposed regulations relative to “Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions” (REG-140029-07), as published in the Federal Register on August 7, 2008.  These comments were prepared by the Business Valuation Committee and approved by the Forensic & Valuation Services
Published on May 05, 2010

Fair Value Related Journal of Accountancy Articles

Article:  View some of the Fair Value related articles published by the AICPA's Journal of Accountancy.
Published on September 24, 2010