Providing Customized Business, Tax and Accounting Solutions
MONTVILLE, NEW JERSEY, UNITED STATES, April 26, 2018 /EINPresswire.com/ — Compensation & Benefits Advisory Services, LLC (“CBAS”), a boutique employee benefits consulting practice providing a wide array of business, tax, and accounting services, is pleased to announce that it has selected VRC | Valuation Research Corporation to perform “non-compete valuations" in connection with CBAS’s “reasonable compensation analysis" of non-compete agreements.
VRC is a full service, third-party, global valuation firm focusing exclusively on valuations that offer judgement beyond modeling and provides clients with impartial assistance in the consideration of mergers and acquisitions, divestitures and significant corporate changes. VRC has been named Valuation Firm of the Year by the Association for Corporate Growth (2015-2017) and at the International M&A Advisor Awards (2017).
"Attributing a reasonable compensation value to a non-compete agreement in an M&A transaction is one of the most powerful tools for significantly decreasing or entirely eliminating the negative tax impacts of the ‘Golden Parachute Tax’ provisions," says CBAS’s President/Founder David Chang. "The non-compete valuation is a major component of the overall reasonable compensation analysis and requires sound judgement from experienced specialists in addition to complex computations. By teaming with VRC and their entire array of industry experts, CBAS continues to: enhance the quality of the services we provide to our clients; increase our overall capacity; and decrease our turn-around times."
CBAS is a certified public accounting firm which serves public and private companies and tax-exempt organizations across every industry on a national basis with their compensation and benefits needs.
For more information, visit www.cbas-llc.com.
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Source: EIN Presswire