Stock valuation issues for S corporation ESOPs
Light, David C. and Richard C. May, "Valuation Issues for ESOPs in S Corporations," unpublished paper, produced by Valuemetrics, Inc., October 1998. As of Jan. 1, 1998, corporations that have em ...
ASA summer '98 conference coverage (continued from August issue)
Highlights from the ASA's summer 1998 conference.
Tax Court Details Noncompete Covenant
The issue in this case is whether State Supply, a distributor of beauty supply products organized as an S corporation, may amortize $2.5 million for noncompete covenants.
Thompson, C v. Commissioner (II)
Case name: Thompson v. Commissioner Citation: 1997 Tax Ct. Memo LEXIS 341 At issue is whether State Supply may amortize $ 2.5 million, or some lesser amount, for covenants not to compete.