by Appraisal Economics | Mar 26, 2024 | Business Valuation
The Tax Cuts and Jobs Act (TCJA) significantly increased the lifetime estate and gift tax exemption, nearly doubling it from where it stood previously in 2017. As of this year, the exemption is at around $13.61 million per individual and $27.22 million for married...
by Appraisal Economics | Feb 27, 2024 | Business Valuation
Beyond its conventional role as the tax collector, the IRS is harnessing the power of artificial intelligence to revolutionize its audit processes. This shift marks a pivotal moment, one where cutting-edge technology intersects with the nuanced world of tax...
by Appraisal Economics | Feb 20, 2024 | Business Valuation
In a significant move towards protecting worker mobility, the New York State Legislature approved a bill that would render nearly all new non-competition agreements for workers void. New York Governor Kathy Hochul was deliberating whether to sign or veto the...
by Appraisal Economics | Jan 26, 2024 | Sports Franchise Valuation
On January 16, the IRS announced a campaign to “identify partnerships within the sports industry that report significant tax losses and determine if the income and deductions driving the losses are reported in compliance with the applicable sections of the Internal...
by Appraisal Economics | Jan 8, 2024 | Recent Projects
Appraisal Economics has valued bankruptcy claims on the assets of FTX Trading Ltd. FTX was a large cryptocurrency exchange and trading platform that abruptly collapsed and filed for bankruptcy and whose CEO, Sam Bankman-Fried, was found guilty of fraud and money...
