How the Impairment Test Works: The Two-Step Sequence
Last Updated: October 2026 An impairment test checks whether an asset's carrying value on the balance [...]
Tax Affecting S Corporation Valuation: Kress and Jones
Last Updated: October 2026 Tax affecting is the single adjustment that decides whether an S corporation looks cheap or [...]
Form 706 Business Valuation: What the IRS Requires
Last Updated: October 2026 Form 706 is the United States Estate and Generation-Skipping Transfer Tax Return. [...]
WARA Reconciliation: Testing PPA Discount Rates
Last Updated: October 2026 A WARA reconciliation is a short test with a sharp edge. If the WARA does [...]
Redemption vs Cross-Purchase Buy-Sell: Tax and Value
Last Updated: September 2026 A redemption versus cross-purchase buy-sell is a choice about who buys a departing owner's shares. [...]
Indefinite-Lived Intangible Impairment Under ASC 350-30
Last Updated: September 2026 An indefinite-lived intangible impairment test is the review ASC 350-30 requires to check whether a [...]