Transaction Advisory
Best Practice Recommendations for Business Valuations During Divorce
The divorce process can be stressful and emotional. There are many financial decisions to be made especially when there is a family owned business involved. A family business can have significant value and be the largest family asset or it can just be a source of income providing the owner with a job. When there […]
IRS Section 2704 Proposed Regulations Could Eliminate Significant Estate Planning Technique for Family-Controlled Entities
The IRS has issued Proposed Regulations under Internal Revenue Code § 2704 that may dramatically reduce the ability to apply discounts in valuing the interests of many family-controlled entities for estate gift and generation skipping tax purposes. Specifically, the proposed regulations may significantly restrict the application of lack of control or marketability discounts in determining […]
AAFCPAs’ Joy Child Earns Business Valuation Credential
AAFCPAs’ Partner Joy Child, CPA, ABV, PFS, has been awarded the Accredited in Business Valuation (ABV) Credential by the American Institute of Certified Public Accountants (AICPA). Joy brings over 30 years of diverse experience to AAFCPAs’ clients, and she was awarded the ABV credential in recognition of her earned expertise in business valuation, and her […]
5 Valuation Issues Every Buy-Sell Agreement Should Address
A Buy-Sell Agreement, also called a business pre-nuptial agreement, or a business will, is a legal document that is used as the mechanism governing business owners upon the exit of an owner. Buy-Sell Agreements create the necessary road map to make these exits less stressful by minimizing disruptions, and avoiding conflict. The price to be […]
AAFCPAs David Consigli to Present at Massachusetts Bar Association Event in Boston
David Consigli, Jr., CPA, ABV, AAFCPAs’ Director of Business Valuations, will serve on a Dispute Resolution (DR) panel discussing “Collaborative Law, Case Evaluation, And Hybrids: Designing The Dispute Resolution Process.” This Alternative Dispute Resolution Committee Best Practice program, scheduled for May 17th, is part of the Massachusetts Bar Association’s Continuing Legal Education (CLE) Programs. David […]
6 Tips for Greater Manufacturing Workplace Efficiency
The old adage “time is money” is especially true in the world of manufacturing. The more time and materials you waste, the less profitable you become.AAFCPAs outlined the following six tips to improve workplace efficiency based on our proven experience working closely with manufacturers over the past 40+ years: Do Not Skimp on Training Many […]
AAFCPAs David Consigli to Present at the Salem Bar Association
David Consigli, Jr., CPA, ABV, AAFCPAs’ Director of Business Valuations, will volunteer his time and expertise to present “Everything You Need to Know About Business Valuations” as part of the Salem Bar Association’s monthly Smart Talks Series. David will offer guidance for attorneys on when business valuations may be beneficial in litigation, and provide real examples […]
AAFCPAs Adds Depth of Business Valuation Expertise with New Practice Leader
AAFCPAs is pleased to announce the addition of David E. Consigli, Jr., CPA, ABV as Director of Business Valuations. Dave brings over 27 years of business valuation, forensic accounting, litigation consulting, transaction advisory, succession planning, and tax planning experience to AAFCPAs’ diverse clients. He will lead AAFCPAs’ Business Valuation Practice, specializing in performing valuations of […]
When is the right time to have your company appraised?
Many business owners assume the only right time to have their companies appraised is when they’re ready to sell. Not so. There are, in fact, many “right times” to engage the services of a professional appraiser. Setting your strategy Indeed, whether you’ve decided to sell or are just considering it, an appraisal is key. Many […]