We have posted in the past on the status of artificial intelligence (AI). We will likely do so from time to time in the future. Frankly, the activities in AI are moving so fast and so wide that it...
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by Brett Goodyer Most accountants and small business operators have a pretty well tuned bullshit detector. You can smell a snake oil peddler from 20 paces. We all receive 50 emails and 10 calls a day at a minimum...
Changes to Rule 702 of the Federal Rules of Evidence as they relate to testimony by expert witnesses have been now adopted by the U.S. Supreme Court and will go into effect on Dec. 1, 2023. It remains to...
Although they don’t officially go into effect until December 1, expert witnesses are already feeling the effects of the changes designed to strengthen Rule 702, which is the federal rule of evidence regarding testifying experts. Last year, we noted...
A newly released book on valuation has hit the market. I know you are probably thinking, “Not another technical tome of 1,000 pages or more telling me how to develop the perfect valuation!” Well that is not what this...
Those of you old enough (I am) to remember the 1964 Rolling Stones song parodied in the title to this blog will get the irony with the Tax Court’s decision.1 Roy and Bonnie Nutt received a notice of deficiency on...
In a recent article by Nicole Goodkind of CNN, it was reported that “America has lost half its public companies since the 1990s.”1 The number of public companies has dropped from 8,000 in 1996 to 3,700 in June 2023.2 The...
On June 16, 2023, the Supreme Court, in United States ex rel. Polansky v. Executive Health Resources, affirmed the federal government’s power to dismiss a False Claims Act action brought under the qui tam provisions whenever it chooses to intervene. The Polansky case...
As financial professionals, we understand the importance of risk management in ensuring the success and longevity of our clients’ businesses. One critical factor to consider when assessing risks is the security of a business’s location. For businesses where their...
For the supposed purpose of fostering competition in the labor market, the Biden Administration’s Federal Trade Commission is proposing to ban most noncompete agreements. Restrictions on noncompetes have usually been governed by state laws, and the courts have often...