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Posts by Richard Wolf

Valuing Goodwill In a Divorce: Personal vs. Enterprise Goodwill

When valuing a business as part of a divorce proceeding, it’s critical to understand the distinction between personal and enterprise goodwill. Knowing how to distinguish between the two could have a significant impact on the financial outcome of the case.
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8 Don’ts of Nonprofit Board Composition

Just like no two nonprofits operate exactly alike, no two nonprofit boards are the same.
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5 Types of People You Need On Your Nonprofit’s Board of Directors

One of the most misunderstood components of any nonprofit organization is the board of directors. Nonprofits typically base board member selection on two things: the candidate’s interest in the organization’s mission and the size of the candidate’s...
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Divorce and Income Determination: Forensic Accounting to the Rescue

As a matrimonial attorney, you know better than anyone that divorce can bring out the worst in people. Despite their best efforts to work amicably, divorcing husbands and wives often end up being less than forthcoming.
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7 Signs It’s Time for a New Strategic Plan for Your Nonprofit

When it comes to nonprofits, strategic planning is often one of the biggest things sitting on an organization’s back burner. It usually goes something like this: you know the benefits of strategic planning, but you also have a million other things that...
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Two Fraudsters. One Billing Scheme. $1.4 Million Dollars.

Despite what many business owners would like to believe, instances of fraud often crop up when we least expect. Even the best of us can miss the signs of a fraudster in our midst, and as the size of a company increases, so do number of places a fraudster...
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