Tag Archives: Valuation

HOW TO PLAN FOR SUCCESSION: PRESERVING, PROTECTING, AND PASSING ON WEALTH

Transitioning Ownership The decisions made regarding ownership of the family office or closely held business may not necessarily be the same decisions that are required for leadership and management. It’s critical to understand and acknowledge the different elements that proper succession planning entails. The family wealth enterprise has three interconnected circles of participation—the family members, Read More…

IS IT TIME TO RECONSIDER THE DECISION TO BUY OR LEASE EQUIPMENT?

Given the historically low interest rate environment in which we find ourselves, most business owners in capital intensive industries will be impelled to explore their options when it comes to obtaining new equipment. Whether it’s best to use lease financing or purchase equipment outright depends on multiple factors including (but not limited to) the type Read More…

BKC BUSINESS BREAKFAST SERIES

BKC experts will be presenting in a six part business education series through the Hunterdon County Chamber Foundation Unity Bank Center for Business & Entrepreneurship starting January 23, 2019.  The series includes assorted topics such as tax, fraud and business strategy from the top professionals at BKC each with .  Registration is open for individual sessions at $60 or at Read More…

DARLENE SHAFFER PRESENTING AT 10/23 NJ COLLABORATIVE LAW GROUP

Darlene Shaffer, CPA/ABV/CFF/PFS, CVA, Principal at BKC, CPAs, will be presenting “The Tax Cuts and Jobs Act Legislation Impact on Alimony” at the October 23rd New Jersey Collaborative Law Group’s breakfast meeting hosted by Norris, McLaughlin & Marcus, P.A. This presentation will: Cover significant changes to taxation of alimony effective January 1, 2019 under the Read More…

BKC WELCOMES LILY BRADOW

BKC welcomes Lily Bradow as a member of the firm’s Audit & Assurance Group. Lily is a graduate of The College of New Jersey with a Bachelor of Science degree in Accounting.  Lily has over 15 years of experience in public accounting, with specialization in accounting and auditing for companies in various industries, employee benefit Read More…

SHAFFER EARNS EXCLUSIVE PERSONAL FINANCIAL SPECIALIST CREDENTIAL

Darlene Shaffer, a CPA, a financial planner with BKC, CPAs, PC has recently been awarded the Personal Financial Specialist (PFSSM) credential by the American Institute of Certified Public Accountants (AICPA), joining an elite group of professionals who have demonstrated advanced knowledge of tax, estate, retirement, investment and insurance planning.  The PFSSM Credential, established in 1987 Read More…

VALUATION DISCOUNTS WILL NO LONGER BE AVAILABLE SOON

Currently, valuations of interests in family controlled entities for federal gift, estate and generation-skipping transfers can be reduced by discounts saving significant tax dollars, but this will change soon.  It may be too late after December 1, 2016 to take advantage of the more favorable rules currently in effect. Aggressive discounts were historically taken, thus Read More…

NORMALIZATION ADJUSTMENTS, ONE STEP IN THE VALUATION PROCESS

Normalization adjustments are unique to business valuation engagements.  It is not uncommon for the valuator to make normalization adjustments.  Normalization adjustments are intended to change certain financial data of a subject business to make the historical financial operations look like normal conditions so as to be on a consistent basis with comparable companies and what Read More…