With the launches of Disney+ and Apple TV+ this month, along with the expected introduction in 2020 of HBO Max, the subscription video-on-demand service from WarnerMedia, and the to-be-named ad-supported service from Comcast/NBC Universal, the programming playing field of Netflix, Prime Video (Amazon), CBS AllAccess,...
A question that we're asked all the time is to explain the difference between "authorized shares" and "issued shares" or "shares outstanding". Clients are often confused about why they have 10,000,000 shares authorized for issuance but we only issue them 2,000,000 shares upon incorporation. They...
A good, comprehensive, and accurate current business valuation is both objective and subjective. While it typically accentuates the positives, it should also identify the negatives that could reduce a company’s value. Although there are many quantitative aspects to it, in which standard valuation formulas are...
There is a real difference for employment and self-employment tax purposes between being a partner and being the employee of a partnership (references to a partnership include a limited liability company or a limited partnership). Partners are liable for making their own payments of self-employment...
A lot of our clients freak out when they get their first franchise tax notice from the state of Delaware. It usually goes something like this “You told me my franchise tax in Delaware wouldn’t be more than $1,000. I just got a bill for...