Mark Lobb

building

Protecting your assets in private equity mergers and acquisitions

How can you protect your assets in private equity mergers and acquisitions? As these deals have grown larger and more frequent over recent years, investors have stumbled as often as they’ve succeeded. You don’t need to let this fact discourage you, but you should take it as a reminder that you need to start with

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Federal building

New federal overtime rules, part one

The Final Overtime Rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees is set to take effect, leaving many executives and employers wondering how it will impact their current business structure. What does the implementation of the Final Overtime Rule mean? When the new rules go into effect, the

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Lawyer is counseling the client in his counsel and will not escape the lawsuit.

Business lawsuits can ruin your bottom line and reputation

Building a solid reputation for your business is crucial for a company to survive and stay competitive in your industry. The trust that you build with customers and vendors will not only affect the way the public views your company, but also your company’s bottom line. The more your customers trust your company, the more

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Businessman accountant pressing calculator and making calculation at table.

Accountants: There are times to refer your client to an attorney

The duties and responsibilities of accountants and business law attorneys often overlap. Sometimes, the lines become so blurred that it’s difficult to see when professional legal help may be necessary. If there is ever any question concerning whether to involve legal counsel, accountants should always err on the side of caution. Be aware of confidentiality

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finance

CPAs and financial planners shouldn’t offer legal advice

Oftentimes, tax and financial issues can intersect with legal issues. It can be tempting for accountants and financial planners to field legal questions in an effort to better meet the needs of their clients. However, doing so may cross the line into providing legal advice. Unless the person giving the advice is a licensed attorney,

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Accountants, financial planners and lawyers should work together

The responsibilities of accountants, financial planners and lawyers often overlap. When these parties work together, the results can be harmonious. You can rest assured that you’re receiving thorough, well-researched advice concerning your tax, financial and legal affairs. However, if these parties aren’t communicating, you or your business could suffer. Overlooked tax implications or issues with

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CPAs, financial advisors, attorneys: Build a professional network

When it comes to providing professional services to your clients, who you know can be just as important as what you know. Being able to refer your client to an attorney who can help answer a legal question, an accountant who can address a tax problem, or to a financial advisor who can provide knowledgeable

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Mergers and acquisitions: Have you considered everything?

It all comes down to improving your company – and your profits. After all, this is what business is about and this is what you and your stockholders expect from an acquisition: a stronger company and more investment return. Without careful valuation of a target company, however, your company may lose in the end. Stock

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