August 5, 2025

Labor & Benefits: How to Prepare for a Successful Audit

A&M Senior Director Emily Milligan was recently a guest on the Weaver: Beyond the Numbers podcast. Speaking with Audit Director of Labor and Benefits, Kristen Deere, Milligan shared insights on how organizations can best prepare for a benefit plan audit. These audits are essential for companies with over 100 employees and can become time-consuming and costly if not properly anticipated. While many companies are currently in the midst of their 2024 401(k) financial statement audits, Ms. Milligan outlines that this is still an ideal time to start proactive, year-round planning to mitigate risks and ensure a smoother audit in 2025.

Watch the Full Podcast

Thought Leadership

Tax losses in share deals – Hidden value impacting purchase price negotiations?

August 4, 2025

In many M&A share transactions, tax losses may represent significant hidden value. But that value depends particularly on two key questions: Can the tax losses survive the transaction and can the parties mutually agree on a business plan substantiating the future usage of the potentially surviving tax losses? Our article outlines how jurisdiction-specific rules — especially Germany’s strict change-in-ownership regime — affect the usability of tax losses post-closing, whether tax losses can provide a shelter for historic tax risks and why tax losses impact purchase price negotiations.