Save Time and Money: Pre-Screen Recruits With 5 Questions

Most employers select finalists for new positions after a lengthy series of interviews. Of course, face-to-face interviews are important, but you can save a lot of time — and make better hiring decisions — by asking applicants a few pointed questions over the telephone before you schedule any meetings. Here are Five Suggested “Pre-Interview” Questions:Why are you leaving…

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Lack of Marketability Discount Requires Empirical Support

The discount for lack of marketability is an often-contested valuation adjustment that requires a particularly detailed process. When calculating any valuation adjustment, an appraiser obviously can’t just pick a number out of a hat. He or she must consider the situation and the unique characteristics of the interest that’s being valued.  No Random NumbersBusiness valuation professionals…

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Computing Tax Basis Counts when Selling a Highly Appreciated Home

Residential real estate prices in many markets have surged over the last few years. As a homeowner, you may be sitting on a significant unrealized gain, especially if you’ve owned your principal residence for a while. That’s good news if you’re ready to sell, but will you owe taxes on the profit when you sell? Thankfully, the…

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How To Recognize a Good Leader for Your Company

Traditional interviews, background checks, and clever “scenario” questions might help you turn up a good leader. But sometimes, in spite of your best efforts, you end up hiring a problem, and then struggling to get rid of him or her. Here are some characteristics of good leaders and bad, that may help you find the pearls and…

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Converting Future Damages to Present Value

When it’s time to calculate damages, a skillful financial expert can discount future damages to present value, providing the ammunition businesses need to receive a just award.Here is an example focusing on how to ensure a reasonable discount rate. Let’s say a company fires an employee for stealing trade secrets. It goes to court to recover…

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Set Up a Tax-Favored ABLE Account for a Family Member with a Disability

Today, most states offer programs that allow you to establish a tax-favored account to cover the qualified expenses of a family member with a disability. These programs were authorized under the Achieving a Better Life Experience (ABLE) Act of 2014, and Congress has subsequently passed legislation that sweetens the deal. Read on to learn how ABLE accounts…

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