When most people think about estate planning, they focus primarily on tangible assets, such as real estate, investments and personal property. However, in some cases, intellectual property (IP) can make up a substantial portion of an individual’s wealth. Proper planning can help ensure that these assets are preserved, accurately valued and transferred according to your […]
This recent CFO Brew article shared our expertise on how goodwill impairments can reveal when acquisitions fall short of expectations.
The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025 federal income tax returns being filed now. However, some OBBBA provisions aren’t taking effect until this year. Plus, some changes under previous legislation are also taking effect in 2026. Here’s an overview […]
Miller Kaplan has been recognized by Accounting Today as a Top 100 firm, as well as a leading firm in consulting and audit & accounting services. We’re proud that our client-centric focus continues to place us among the leading organizations in accounting professional services.
Employee benefits can quickly become outdated as tax laws change, new guidance is issued and workforce needs evolve. If your organization sponsors a cafeteria plan, regular checkups are essential to protect its tax-advantaged status and confirm that the plan continues to deliver meaningful value to your team. Chief objective Formally defined, a cafeteria plan is […]
An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under the One Big Beautiful Bill Act (OBBBA) will make it beneficial for more taxpayers to itemize deductions on their 2025 returns. Specifically, if you paid more than $10,000 in state […]
by David Lam, CISSP, CPP | “Boards and senior leadership should seek guidance from independent experts who can help them translate risk into business terms. Qualified experts should not profit from the tools that may be used or recommended—finding someone who has no interest in system spend is an important consideration.” Read the full interview […]
If your organization sponsors a retirement plan for employees, you’ve probably noticed that compliance hasn’t been easy over the last few years. Whether the SECURE Act, the CARES Act and other pandemic-era legislation, or SECURE 2.0, employers have had to deal with significant changes. The IRS apparently sympathizes. In its recently issued Notice 2026-9, the tax […]
If you’ve ever skimmed the auditor’s report for a public company and noticed a section titled critical audit matters (CAMs), you may have wondered what it means and whether it’s relevant to you. CAMs highlight complex, high-judgment areas that drive audit inquiries and testing procedures. Even for private companies, understanding audit risks can be helpful, […]
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The market approach is based on a straightforward premise: A company’s value can be derived from the prices others pay for similar businesses. But, in practice, this technique isn’t nearly so straightforward. Here are answers to some frequently asked questions about this approach. How does it work? The market approach estimates the value of a […]
LOS ANGELES, February 5, 2026 – Miller Kaplan is thrilled to share they have been selected by the U.S. Securities and Exchange Commission to serve as Tax Administrator for qualified settlement funds in enforcement cases and proceedings through 2030. The five-year appointment marks more than two decades of Miller Kaplan’s work in this specialized area […]