August 2018

IRS Issues Proposed Guidance on Complicated QBI Deduction Rules

The IRS has finally issued eagerly awaited regulations addressing the new deduction for up to 20% of qualified business income…

Tax Director Needed for Growing Practice

Considering your next career move? Looking for an exceptional workplace environment with a career track potential? If you are seeking…

Mitchell Wiggins Announces Promotions and New Hires

Mitchell Wiggins, a central Virginia-based full service accounting firm with offices in Richmond and Petersburg, is pleased to announce the…

Recent Study Reveals Costs, Means and Ways to Stop Fraud

Would you leave the front door unlocked to your business or not-for-profit organization? Of course not. That would give thieves…

U.S. Supreme Court Weighs in on Overtime for Automotive Service Advisors

The U.S. Supreme Court recently ruled that car dealership service advisors, whose jobs included selling repair and maintenance services, aren’t…

How Elements of Control Affect Value

We’ve all heard the phrase that the “whole is greater than the sum of its parts.” But you might not…

How Industry Fits Into the Valuation Puzzle

IRS Revenue Ruling 59-60 is an essential building block of modern appraisal practice. It identifies “the condition and outlook of…

Three Approaches to Valuing a Business

Most closely held business owners want to know the value of their investments, especially if they are going to sell or…

Value is in the Eyes of the Beholder — or Beholders

Appraisers are sometimes met with surprise when they deliver business valuation reports to clients. An attorney or business owner may…

Eight Reasons to Certify Your Company’s Financial Statements

Throughout the year, businesses like yours need to be able to provide verified financial results to others. This may be…