Despite record-breaking low unemployment rates, “age discrimination remains a significant and costly problem for workers, their families and our economy,” says a report from the Equal Employment Opportunity Commission (EEOC). More than 50 years after the passage of the Age Discrimination in Employment Act (ADEA), employers still wrestle with these issues. The EEOC report highlights specific…
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Five Standards of Value for Businesses
By what “standard of value” should a business be appraised? That may sound like a peculiar question at first blush, but it is one that has a significant meaning when one is determining the value of a private business interest. According to the International Glossary of Business Valuation Terms, “standard of value” refers to the…
Financial Strategies in a Post-DOMA World
The Supreme Court’s decision declaring the Defense of Marriage Act (DOMA) unconstitutional was a watershed event that may require some same-sex couples to reconsider the financial strategies they currently have in place. But uncertainties abound. Federal agencies still need to interpret portions of Supreme Court’s ruling. And, with many states not recognizing same-sex marriages, challenges…