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Small business valuations
When I was in business school and then on Wall Street in the 1980s, the stock market traded at about 10 times earnings. Small private companies often sold for only a few times the owner’s earnings. We measure small‑business earnings a bit differently today (for example, using the owner’s total pay and perks), but the…
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The Gambling Economy Is Now a Tax Problem
The mainstream tax press hasn’t caught up yet, but practitioners who handle problem tax cases are seeing it clearly: gambling has become a significant and growing complicating factor in tax compliance, tax resolution, and even family law matters. In my South Jersey practice, located near Atlantic City and Philadelphia casinos, cases with a material gambling…
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What Rising Fuel and Fertilizer Prices Mean for South Jersey Farmers and Agriculture Businesses
If you farm in South Jersey or run a business tied to agriculture, 2026 is shaping up to be an expensive year. Most of what is driving the cost increases is happening far outside South Jersey. Here is what the numbers look like, why it is happening, and what you can do about it now.…