Smith v. James, Hardy & Smith
At issue is the valuation of plaintiff's interest in accounting parternship after withdrawling from this partnership.
Withdrawing Partner Not Liable for Overhead Incurred or Loss of Client Base Subsequent to Withdrawal
Smith, the partner withdrawing from the accounting firm of James, Hardy & Smith, filed suit to determine the value of his interest and to obtain a judgment for the value.
In Re Stephen L. Vecchitto
At issue is the valuation of 220 shares of stock of a closely-held corporation.
In Re Stephen L. Vecchitto
The trustee sued a Chapter 7 bankruptcy debtor to avoid the transfer of certain shares of stock that debtor declared valueless.
Covenant Not to Compete Key to Intangible Asset Value
The principal issue underlying these consolidated cases is the fair market value of the corporation's assets on the date of distribution.
William Norwalk, et al. v. CIR
The Tax Court concluded that without non-compete agreements executed in favor of the company, the goodwill in a professional accounting practice was the property of the accountant. Therefore, it rejected the IRS's position that goodwill was distributed t ...
John T. & Linda L. Hewitt (Hewitt I) v. CIR
The full Tax Court concluded that a taxpayer who donated stock to a charitable organization was not entitled to a deduction greater than their basis in the stock. The stock was closely held and thinly traded through the company. The taxpayer failed to c ...
Qualified Appraisal Required to Substantiate Value of Charitable Donation
The full Tax Court concluded that a taxpayer who donated stock to a charitable organization was not entitled to a deduction greater than their basis in the stock.
More Court Cases ... Bankruptcy: Makula
On his Chapter 7 bankruptcy petition, John Makula valued his 67 partnership units in Thomas Havey & Co., an Illinois accounting partnership, at a total of $67,000.
Makula v. Sanwa Business Credit Corp.
At issue is the admittance of expert testimony.
Meyer v. Lofgren
The valuation issue is whether goodwill should be considered in valuing an accounting partnership.
Meyer v. Lofgren
At issue is the whether goodwill should be included in the fair value of a CPA partnership.
Appellate court upholds no CPA practice goodwill
Wife's expert, Patricia Piteo of Cohen & Co., valued husband's 80% partnership interest in Flauto and Kitelinger, CPAs, at $214,700 by considering assets such as accounts receivable, unbilled work in progress, and goodwill.
Flauto v. Flauto
At issue is the valuation of husband's accounting business.
Goodwill not marital asset unless embodied in practice
The trial court assigned a value for goodwill to husband's accounting practice, Husband appeals. The Court stated: "Under Florida law, the goodwill of professional practice can be a m ...
Williams v. Williams
At issue is whether the trial court erred in assigning a value for goodwill to the husband's accounting practice.
Court Affirms Goodwill in Account Practice
The issue is the value of husband's interest in Coopers & Lybrand. Husband appeals a trial court valuation of $454,400. The Appellate Court stated, "The Trial Court properly rejected his ...
Rice v. Rice
At issue is the valuation of the husband's partnership interest.
Walton v. Walton
At issue is the valuation of husband's sole proprietorship C.P.A. practice.
McCabe v. McCabe
One issue in this marital dissolution matter was the value of the goodwill in husband's accounting practice and the value of the jointly owned TBCY.
In re the Marriage of Sedlock
Issue was value of husband's 11% interest in accounting firm subject to stock purchase restriction agreement, shareholder employment agreement, and deferred compensation agreements.
In re Marriage of Jones
At issue is the distribution of marital property, including husband's accounting practice.
Guzman v. Guzman
The issue presented in this appeal is whether professional goodwill is property subject to just and right division upon divorce.
Bostwick v. Bostwick
At issue was respondent's interest in a closely-held accounting firm.
Bolan v. Bolan
Issues were the method he used to value husband's CPA practice and trial court's finding that the firm had decreased in value during the marriage.