A) State the value of the business at the beginning period B) Determine the rate of return C) Calculate the return on average capital (Capital factor: A x B) D) Determine the reasonable compensation for labor (Labor factor) E) Calculate the total allocation base (Capital plus labor: C + D) F) Calculate the percent of…
DetailsPresented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Charles Brandes founded BIP in 1974 to provide investment advisory services for fees based on the percentage of the company’s clients’ assets under management. When Charles and Linda met in 1983, BIP managed assets of $8.2 million. His annual income was $44,148. Linda agreed…
DetailsIn instances where a case cannot achieve an equitable apportionment via Pereira or Van Camp alone, the hybrid Capital Labor Apportionment Model may be the most substantially just method to apply. Download this sample worksheet.
DetailsPresented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Although the Todd case was not a family law matter, it can apply to apportionment in family law cases when a hybrid approach may prove more effective than limiting the method to Pereira or Van Camp alone. In this case, the Commissioner of Internal…
DetailsPresented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Yes, California is a no-fault state. However, no fault relates only to grounds for the termination of a marriage. Financial fault, on the other hand, has no limits. It can lie in the past, present or future. In fact, it seems that as time passes…
DetailsWelcome to the blog of Ron J. Anfuso, CPA/ABV, An Accountancy Corporation. Our blog serves as an adjunct to our website (www.anfusocpa.com). On this blog, you will discover valuable information about our practice, as well as general guidance concerning Forensic Accounting for Family Law. You will also find a copy of our most recent newsletter,…
DetailsThe Santa Barbara County Bar Association Family Law Section Tracing Issues and the Marriage of Ciprari November 1, 2019 Santa Barbara College of Law MCLE: 1.0 Hour of General MCLE Speaker: Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA For more information: Law Office of Renee M. Fairbanks, CFLS Direct line: (805) 845-1604 Email: renee@reneemfairbanks.com Ron…
DetailsMel B, former Spice Girl, (lower right) celebrates the end of her lengthy dissolution court battle (pictured here with her team, which included Ron) Ron assisted former Spice Girl (Scary Spice) Melanie Brown aka Mel B with the financial, valuation, tracing and tax issues related to her dissolution of marriage from Stephen Belafonte. His tasks…
DetailsBy Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Family law practitioners need to be familiar with the numerous types of income tax returns that are essential for financial analysis relevant to several issues in dissolution of marriage cases. These include matters such as child support, spousal support, division of property, tracing, and Family Code…
DetailsOn September 26, 2018, the LA County Bar Association’s Daily eBrief included the case of Launa Morton, Appellant vs. David Morton, Respondent. This was a significant case for forensic accountants because it gave case authority to include 401(k) contributions when calculating spousal and child support. The following excerpts are taken from the opinion filed by…
Details
