The January, 2012 Tax Alert can be viewed by clicking on the web link below:

Although merger and acquisition (M&A) activity declined during the last half of 2011 (but rose overall by 7.6 percent for the year), it is expected to be on the rise again in 2012. This will mean a corresponding increase in demand for business valuation experts and firms which offer this service. According to an article in the Wall Street Journal dated Jan. 2, 2012 and titled "On Wall Street, Renewed Optimism for Deal-Making," a survey by Ernst & Young anticipates that "36 percent of companies plan to pursue an acquisition this year." Additionally, the article states that since companies have ready access to cheap financing and large amounts of cash, companies will need to make acquisitions in order to drive growth in the face of a tepid economy.

State society members have until January 14 to send the Financial Accounting Foundation (FAF) a comment letter supporting the creation of an independent standard setter for private company financial reporting in response to FAF's Plan to Establish the Private Company Standards Improvement Council.

This program will cover recent developments in Maine and Federal tax law.

Business fraud is a problem that can affect every organization. Whether you are a for profit or nonprofit...

Business fraud is a problem that can affect every organization. Whether you are a for profit or nonprofit...