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May 26, 2020

Why the Private Company Council Wants to Simplify Accounting Rules Surrounding Profits Interest Awards

Profits interest awards are a flexible type of equity compensation used by limited liability companies (LLCs) and partnerships to incentivize exceptional performance. The Private Company Council (PCC) plans to meet in the coming months to discuss ways to simplify the accounting rules that apply...

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October 04, 2019 Joshua Swander

3 Steps to Estimate the Fair Value of Inventory in an Acquisition

Acquiring another business or portfolio company can be an onerous process, especially if that company has never been audited before and has not historically maximized shareholder returns or provided detailed reporting to a board of directors. Adding complexity to the process, U.S. Generally...

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January 21, 2019 Jeffrey McMichael

Industrial Facilities Exemption Offers Michigan Manufacturers Property Tax Savings

Are you thinking about renovating or expanding your aging Michigan manufacturing facility? Are you considering building a new facility or going high tech? If so, obtaining a Michigan Industrial Facilities Exemption Certificate (IFEC) could save you a significant amount on property taxes. ...

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