For COVID-19 Resources, Click Here

PPP Forgiveness and Repayment: What Businesses Need to Know Now Image
PPP Forgiveness and Repayment: What Businesses Need to Know Now

If you received a PPP loan, important forgiveness deadlines are approaching. Are you ready?

Read More »
7/23/2021
Getting a New Business off the Ground: How Start-up Expenses Are Handled on Your Tax Return Image
Getting a New Business off the Ground: How Start-up Expenses Are Handled on Your Tax Return

Business applications have increased over the past year, according to the U.S. Census Bureau. If you’re launchi...

Read More »
7/22/2021
Are You Protecting Your Most Valuable Assets? Image
Are You Protecting Your Most Valuable Assets?

With a successful business comes the constant threat of competitors. Let's evaluate what your company's assets are an...

Read More »
7/21/2021
CMMC Webinar FAQ Image
CMMC Webinar FAQ

We recently held a webinar in partnership with Keiter, CPAs in reference to Understanding and Preparing for the CMMC....

Read More »
7/20/2021
Understand and Preparing for the CMMC Slides Image
Understand and Preparing for the CMMC Slides

Slides from webinar in partnership with Keiter CPAs regarding Understanding and Preparing for the CMMC.

Read More »
7/20/2021
Who In Small Business Can Be Hit With The “Trust Fund Recovery Penalty?” Image
Who In Small Business Can Be Hit With The “Trust Fund Recovery Penalty?”

The IRS will impose the “Trust Fund Recovery Penalty” on certain business owners and managers personally ...

Read More »
7/15/2021
10 Facts About the Pass-through Deduction for Qualified Business Income Image
10 Facts About the Pass-through Deduction for Qualified Business Income

Owners of “pass-through” businesses can claim a valuable tax deduction that was created by a 2017 law. He...

Read More »
7/8/2021
How Agility Can Affect Your Company’s Future Image
How Agility Can Affect Your Company’s Future

Let's take a look at just why agility is such an important skill for business owners to acquire and apply to their bu...

Read More »
7/7/2021
Eligible Businesses: Claim the Employee Retention Tax Credit Image
Eligible Businesses: Claim the Employee Retention Tax Credit

If your business hasn’t already claimed the Employee Retention Tax Credit, you should check out if you’re...

Read More »
7/1/2021
Here Come the Child Tax Credit Payments: What You Need to Know Image
Here Come the Child Tax Credit Payments: What You Need to Know

If you have children age 17 or under, it’s critical to understand the recent changes made to the child tax cred...

Read More »
6/30/2021
Important Changes to the Child Tax Credit Image
Important Changes to the Child Tax Credit

As part of the American Rescue Plan Act enacted in March, significant changes were made to the child tax credit that ...

Read More »
6/25/2021
Traveling For Business Again? What Can You Deduct? Image
Traveling For Business Again? What Can You Deduct?

On the road again for business? Here’s a rundown of costs you can deduct for business travel.

Read More »
6/24/2021
Understanding and Preparing for the CMMC Image
Understanding and Preparing for the CMMC

Join us for an upcoming webinar hosted in partnership with Keiter CPAs.

2021 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers Image
2021 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers

Although you might want to enjoy the lazy days of summer, employers and businesses should be careful not to miss thes...

Read More »
6/17/2021
Retaining Key Employees: One Size Doesn’t Fit All Image
Retaining Key Employees: One Size Doesn’t Fit All

A company's key employees play an essential role in maintaining business success. So, what can you do in order to kee...

Read More »
6/16/2021
Recordkeeping DOs and DON’Ts for Business Meal and Vehicle Expenses Image
Recordkeeping DOs and DON’Ts for Business Meal and Vehicle Expenses

"Recordkeeping DOs and DON’Ts for Business Meal and Vehicle Expenses" | Keeping meticulous business record...

Read More »
6/10/2021
Hiring Your Minor Children This Summer? Reap Tax and Nontax Benefits Image
Hiring Your Minor Children This Summer? Reap Tax and Nontax Benefits

Are you a business owner with teenage or college-age children who constantly need cash? You may want to hire them to ...

Read More »
6/3/2021
Guiding Your Wealth to Where You Want It to Go Image
Guiding Your Wealth to Where You Want It to Go

You may know where you want your money to go when you die, but let's take a look at how to plan and strategize your w...

Read More »
6/2/2021
The IRS has Announced 2022 Amounts for Health Savings Accounts Image
The IRS has Announced 2022 Amounts for Health Savings Accounts

Businesses that provide Health Savings Accounts to employees know they have a variety of benefits. Here are a few of ...

Read More »
5/27/2021
5 Ways to Address Deal Killers Before They Kill Your Deal Image
5 Ways to Address Deal Killers Before They Kill Your Deal

When setting your business up for success, it's important to be able to identify deals that may hurt your company's f...

Read More »
5/25/2021
Help Ensure the IRS Doesn’t Reclassify Independent Contractors as Employees Image
Help Ensure the IRS Doesn’t Reclassify Independent Contractors as Employees

Employee or independent contractor? That’s the question businesses ask when they bring on certain workers. Here...

Read More »
5/13/2021
The Biden Administration Proposes Far-Reaching Tax Overhaul Image
The Biden Administration Proposes Far-Reaching Tax Overhaul

If you’re trying to keep straight all of the tax proposals the Biden administration has recently announced, her...

Read More »
5/7/2021
Providing Education Assistance to Employees? Follow These Rules Image
Providing Education Assistance to Employees? Follow These Rules

Some employers offer educational assistance plans as a recruitment and retention tool. Here are the rules to help ens...

Read More »
5/6/2021
Updated Guidance for Impairment Testing: When to Consider Triggering Events Image
Updated Guidance for Impairment Testing: When to Consider Triggering Events

Many small entities suffered major losses during the pandemic. Here’s welcome relief from the FASB for private ...

Read More »
5/4/2021
President Biden details his tax proposals for individuals Image
President Biden details his tax proposals for individuals

President Biden’s proposals for individual taxpayers were outlined in an April 28 address to Congress and in an...

Read More »
4/30/2021
Claiming the Business Energy Credit for Using Alternative Energy Image
Claiming the Business Energy Credit for Using Alternative Energy

There’s a great deal of interest in alternative energy technologies today. If your business invests in certain ...

Read More »
4/29/2021
5 Aspects of Strong Goals and the Consequences of Missing Them Image
5 Aspects of Strong Goals and the Consequences of Missing Them

Setting goals is an important part of business planning. In order to set strong goals for your business, let's take a...

Read More »
4/21/2021
Tax Advantages of Hiring Your Child at Your Small Business Image
Tax Advantages of Hiring Your Child at Your Small Business

Thinking about hiring your teenager to work in your business? There can be significant tax benefits.

Read More »
4/8/2021
There’s More to Business Than Money: Values-Based Goals Image
There’s More to Business Than Money: Values-Based Goals

Money is only one part of what makes a business owner successful. Value-based goals are just as vital to running a bu...

Read More »
4/7/2021
PPP Application Deadline Extended Image
PPP Application Deadline Extended

Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the...

Read More »
4/1/2021
Extended tax filing deadline provides relief to individual taxpayers and the IRS Image
Extended tax filing deadline provides relief to individual taxpayers and the IRS

The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended f...

Read More »
3/24/2021
Making the most of the Employee Retention Credit Image
Making the most of the Employee Retention Credit

The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during ...

Read More »
3/19/2021
The Magic Behind Writing Your Plans Down Image
The Magic Behind Writing Your Plans Down

Business owners put years, if not decades, into planning the success of their business. However, rarely do they have ...

Read More »
3/17/2021
The American Rescue Plan Act: Additional Information Image
The American Rescue Plan Act: Additional Information

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The...

Read More »
3/17/2021
Assessing and Mitigating Key Person Risks Image
Assessing and Mitigating Key Person Risks

Is the success of your business tied to certain “key” people? Many startups, professional service firms a...

Read More »
3/16/2021
If You Run a Business From Home, You Could Qualify for Home Office Deductions Image
If You Run a Business From Home, You Could Qualify for Home Office Deductions

Business owners may be able to save tax with home office deductions. If you’re working from home (like lots of ...

Read More »
3/11/2021
The American Rescue Plan Act was signed: What's in it for you? Image
The American Rescue Plan Act was signed: What's in it for you?

Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 pandemic th...

Read More »
3/11/2021
New Law Provides Option to Delay Implementing the Updated CECL Standard Image
New Law Provides Option to Delay Implementing the Updated CECL Standard

The current expected credit loss (CECL) standard has been delayed again. Under the recently enacted COVID-19 economic...

Read More »
3/9/2021
What Are the Tax Implications of Buying or Selling a Business? Image
What Are the Tax Implications of Buying or Selling a Business?

Buying or selling a business may be the largest transaction you’ll ever make. Pay attention to taxes. After a d...

Read More »
3/4/2021
Walk Before You Run: Phased Planning Image
Walk Before You Run: Phased Planning

It's important for business owners to plan for a successful future without their business. Here's the story...

Read More »
3/3/2021
Don’t Make Decisions Without Data Analytics Image
Don’t Make Decisions Without Data Analytics

Data analytics can help your nonprofit validate trends, uncover root causes and improve transparency. But before you ...

Read More »
3/2/2021
Many Tax Amounts Affecting Businesses Have Increased for 2021 Image
Many Tax Amounts Affecting Businesses Have Increased for 2021

How much do your employees have to earn in 2021 before they can stop paying Social Security tax? How much can they co...

Read More »
2/25/2021
Red Flags of Deadbeat Debtors Image
Red Flags of Deadbeat Debtors

Do you know the warning signs of delinquent payments? Being proactive helps protect your cash flow and profits.

Read More »
2/24/2021
Nonprofits: Get the Word Out In 2021 Image
Nonprofits: Get the Word Out In 2021

It’s not enough to maintain your current supporter base. You also need to grow it. Here are five tips for attra...

Read More »
2/23/2021
The Cents-per-Mile Rate for Business Miles Decreases Again for 2021 Image
The Cents-per-Mile Rate for Business Miles Decreases Again for 2021

The price of gas is down from a year ago. How does this affect the amount your business can deduct for business drivi...

Read More »
2/18/2021
How well do your nonprofit’s development and accounting departments communicate? Image
How well do your nonprofit’s development and accounting departments communicate?

Whether your nonprofit has only a handful, or hundreds, of staffers, communication can easily break down. Here’...

Read More »
2/17/2021
Poor Planning, Big Problems: The Tale of Tom Poor Image
Poor Planning, Big Problems: The Tale of Tom Poor

Business owners put years of planning and preparation into making their businesses successful. However, have you...

Read More »
2/17/2021
The New Form 1099-NEC and the Revised 1099-MISC Are Due to Recipients Soon Image
The New Form 1099-NEC and the Revised 1099-MISC Are Due to Recipients Soon

A filing requirement is coming up if your business pays independent contractors or makes other payments.

Read More »
2/11/2021
ICFR Assessment and Attestation: Are You In Compliance with the Rules? Image
ICFR Assessment and Attestation: Are You In Compliance with the Rules?

How strong are your company’s internal controls? Public companies must answer this question annually, and priva...

Read More »
2/10/2021
PPP Loans Have Reopened: Let’s Review the Tax Consequences Image
PPP Loans Have Reopened: Let’s Review the Tax Consequences

Businesses that have been hit hard by the COVID-19 may be able to obtain help with PPP loans. Here are the basic rule...

Read More »
2/4/2021
Change Is OK: How Planning Makes You Focused and Flexible Image
Change Is OK: How Planning Makes You Focused and Flexible

Focused business planning is essential in order to succeed in a world that is constantly changing and encouraging us ...

Read More »
2/3/2021
Can Your Business Benefit From the Enhanced Employee Retention Tax Credit? Image
Can Your Business Benefit From the Enhanced Employee Retention Tax Credit?

The Employee Retention Tax Credit rewards employers that can afford to keep workers on the payroll during the COVID-1...

Read More »
1/28/2021
New Law Doubles Business Meal Deductions and Makes Favorable PPP Loan Changes Image
New Law Doubles Business Meal Deductions and Makes Favorable PPP Loan Changes

Businesses received several favorable tax breaks in the COVID-19 relief bill that was recently signed into law. Here ...

Read More »
1/21/2021
The Benefits and Challenges of a Third-Party Sale Image
The Benefits and Challenges of a Third-Party Sale

As a business owner, when you go to sell your business, you may be looking at a long list of candidates. One of your ...

Read More »
1/20/2021
Valuing Noncash Donations: A Cheat Sheet Image
Valuing Noncash Donations: A Cheat Sheet

Has your nonprofit received a flood of clothing and other noncash property that needs to be valued? These gifts usual...

Read More »
1/19/2021
The Right Entity Choice: Should You Convert From a C to an S-Corporation? Image
The Right Entity Choice: Should You Convert From a C to an S-Corporation?

Are you reconsidering the choice of entity for your business? These are several factors to consider when converting f...

Read More »
1/14/2021
PPP Borrowers No Longer Prohibited From Receiving Employee Retention Credits Image
PPP Borrowers No Longer Prohibited From Receiving Employee Retention Credits

One of the major provisions of the Consolidated Appropriation Act, 2021 has been the extension and modification of th...

Read More »
1/11/2021
Is a Family Transfer Right for Your Business? Image
Is a Family Transfer Right for Your Business?

There are many benefits, as well as challenges, to transferring the ownership of your business to someone in your fam...

Read More »
1/6/2021
How to Keep Your Nonprofit's Members in the Fold Image
How to Keep Your Nonprofit's Members in the Fold

Members who are deeply involved with your nonprofit are more likely to stick with it. What other factors promote memb...

Read More »
1/5/2021
Put Your Company’s Financial Statements to Work For You Image
Put Your Company’s Financial Statements to Work For You

Here are two ways to get more from your company’s year-end financial statements.

Read More »
12/30/2020
Nonprofit Endowments Require Knowledge and Resources Image
Nonprofit Endowments Require Knowledge and Resources

An endowment can help ensure your nonprofit’s long-term survival. But before you establish an endowment or buil...

Read More »
12/29/2020
Year-End SWOT Analysis Can Uncover Risks Image
Year-End SWOT Analysis Can Uncover Risks

A SWOT analysis can a powerful management tool, especially in today’s volatile marketplace.

Read More »
12/23/2020
The QBI deduction basics and a year-end tax tip that might help you qualify Image
The QBI deduction basics and a year-end tax tip that might help you qualify

Some taxpayers may be able to achieve significant savings with the QBI deduction by taking certain steps at year end....

Read More »
12/23/2020
What Have We Learned? Image
What Have We Learned?

This year, many businesses were affected by the pandemic. Here are some things we have learned.

Read More »
12/22/2020
PPP Update and New Stimulus Measures Image
PPP Update and New Stimulus Measures

On Monday, December 21, 2020, The U.S. House of Representatives and the Senate passed the Consolidated Appropriations...

Small Businesses: Cash in On Depreciation Tax Savers Image
Small Businesses: Cash in On Depreciation Tax Savers

Before Dec. 31, your business should buy any needed business assets and place them in service. That way, you can take...

Read More »
12/15/2020
How COVID-19 Could Impact Year-End Inventory Counts Image
How COVID-19 Could Impact Year-End Inventory Counts

It’s almost time for year-end inventory counts. But, if COVID-19 cases are surging in locations where your comp...

Read More »
12/15/2020
Nonprofits: How to Acknowledge Donor Gifts Image
Nonprofits: How to Acknowledge Donor Gifts

Tis the season for donations! Are you properly substantiating contributions with detailed acknowledgment letters to d...

Read More »
12/14/2020
The Importance of S-Corporation Basis and Distribution Elections Image
The Importance of S-Corporation Basis and Distribution Elections

Do you operate your business as an S-Corp? Be aware that several elections are available to you and your shareholders...

Read More »
12/10/2020
Cutoffs: What Counts in 2020 vs. 2021 Image
Cutoffs: What Counts in 2020 vs. 2021

Accounting is time-sensitive. Here’s a primer on cutoffs for reporting revenue and expenses to help companies t...

Read More »
12/9/2020
Nonprofit Boards Must Remain Vigilant as Long as the Crisis Continues Image
Nonprofit Boards Must Remain Vigilant as Long as the Crisis Continues

As long as the pandemic continues, nonprofit boards must be on their toes. Budgets and financial statements, in parti...

Read More »
12/8/2020
Health Savings Accounts For Your Small Business Image
Health Savings Accounts For Your Small Business

Health Savings Accounts offer a way to set aside money on a pre-tax basis to pay for qualified medical expenses. Here...

Read More »
12/3/2020
Keep Your Family Intact with Proper Estate Planning Image
Keep Your Family Intact with Proper Estate Planning

It can be difficult to consider what will happen to your business and your family if you die unexpectedly. This ...

Read More »
12/2/2020
Principles to Guide Your Nonprofit’s Relationship with Donors Image
Principles to Guide Your Nonprofit’s Relationship with Donors

The Donor Bill of Rights still offers solid principles for the care and handling of your nonprofit’s donors. Bu...

Read More »
12/1/2020
Avoiding Conflicts of Interest with Auditors Image
Avoiding Conflicts of Interest with Auditors

Before audit season starts, consider how a conflict of interest could negatively impact your financial statements.

Read More »
11/25/2020
New Business? It’s a Good Time to Start a Retirement Plan Image
New Business? It’s a Good Time to Start a Retirement Plan

Entrepreneurs: Don’t ignore saving for retirement. Here are the basics of tax-favored plans to help build your ...

Read More »
11/25/2020
Smart Nonprofit Leaders Know How to Delegate Image
Smart Nonprofit Leaders Know How to Delegate

Good delegation is essential to running your nonprofit efficiently and cost-effectively. Here’s how to choose t...

Read More »
11/24/2020
The 2021
The 2021 "Social Security Wage Base" Is Increasing

Employees pay Social Security tax on their wages up to the current tax year’s “wage base.” The SSA ...

Read More »
11/19/2020
Don't Let Your Key Employees Jump Ship Image
Don't Let Your Key Employees Jump Ship

Next-level management teams are the drivers behind building business value, but how can you and your advisors attract...

Read More »
11/18/2020
How Much Insurance Does Your Nonprofit Need to Mitigate Risk? Image
How Much Insurance Does Your Nonprofit Need to Mitigate Risk?

Insurance is the cornerstone of your risk management program. Fortunately, it can be affordable because most nonprofi...

Read More »
11/17/2020
Internal Audits Still Matter Image
Internal Audits Still Matter

Internal auditors can provide assurance that a nonprofit’s internal controls are effective at minimizing risk, ...

Read More »
11/9/2020
If You Don’t Uncover the Skeletons in Your Closet, Your Buyer Will Image
If You Don’t Uncover the Skeletons in Your Closet, Your Buyer Will

What is due diligence and why is it important when it comes to selling your business? Find out more...

Read More »
11/5/2020
Why Your Nonprofit Must Make Time For Accountability Image
Why Your Nonprofit Must Make Time For Accountability

Nonprofits are obligated to use resources to support their mission and benefit those they serve. Here’s why ins...

Read More »
11/3/2020
Year-End Tax Planning for 2021 Image
Year-End Tax Planning for 2021

We asked our tax professionals for a few suggestions on how to get organized and prepare for 2021. Here they are...

Read More »
11/3/2020
Understanding the Passive Activity Loss Rules Image
Understanding the Passive Activity Loss Rules

The passive activity loss rules can be complex and trip up some taxpayers. Here are the rules.

Read More »
10/29/2020
Gifts in Kind: New Reporting Requirements for Nonprofits Image
Gifts in Kind: New Reporting Requirements for Nonprofits

Unscrupulous nonprofits sometimes use “gifts in kind” to mislead donors and boost their ratings. New acco...

Read More »
10/28/2020
Candid Communication Can Help Ease Nonprofit Staffers’ Anxiety Image
Candid Communication Can Help Ease Nonprofit Staffers’ Anxiety

Even if your nonprofit is weathering 2020’s multiple storms, your staffers may be anxious. Make sure you’...

Read More »
10/27/2020
The Easiest Way to Survive an IRS Audit is to Get Ready in Advance Image
The Easiest Way to Survive an IRS Audit is to Get Ready in Advance

The more you know about IRS audits, the better you can fare when that letter arrives in the mail. 

Read More »
10/22/2020
Ingredients to Jumpstart the Planning Process Image
Ingredients to Jumpstart the Planning Process

When deciding to exit your business, you will need a proven process in place to ensure you have covered all the bases...

Read More »
10/21/2020
Your Nonprofit May Have a License To Print Money Image
Your Nonprofit May Have a License To Print Money

When licensing arrangements work, both charities and corporate partners can experience significant benefits, includin...

Read More »
10/20/2020
The Tax Rules for Deducting the Computer Software Costs of Your Business Image
The Tax Rules for Deducting the Computer Software Costs of Your Business

The tax rules for treating computer software costs can be complex. Here’s a basic explanation.

Why Face-to-Face Meetings With Your Auditor Are Important Image
Why Face-to-Face Meetings With Your Auditor Are Important

It’s almost audit season for calendar-year entities. Will you be ready to participate in video conferences with...

Read More »
10/14/2020
Should You Reach Out To
Should You Reach Out To "Effective Altruists?"

How do I do the most good with my donation? That’s what a lot of your nonprofit’s donors are asking. Foll...

Read More »
10/13/2020
The Process of Selling Your Business Has Already Begun Image
The Process of Selling Your Business Has Already Begun

Every action you take during the life of your business has an impact on your departure down the road. Learn more ...

Read More »
10/7/2020
Collective Impact Initiatives: All for One and One for All Image
Collective Impact Initiatives: All for One and One for All

Before your nonprofit joins a collective impact initiative, review five typical requirements; it could mean the diffe...

Read More »
10/6/2020
Business Website Costs for Tax Purposes Image
Business Website Costs for Tax Purposes

Your business likely has a website. How do you treat the costs involved in developing your site for tax purposes? Her...

How to Report COVID-19-Related Debt Restructuring Image
How to Report COVID-19-Related Debt Restructuring

Attention, lenders! COVID-19-related loan modifications may be exempt from the complex accounting rules for troubled ...

Read More »
9/29/2020
What To Do When The Audit Ends Image
What To Do When The Audit Ends

Just because your nonprofit’s financial audit has ended doesn’t mean your work is done. Learn what's next...

Read More »
9/28/2020
2020 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers Image
2020 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

With fall's arrival, it’s time for businesses to start thinking about fourth quarter tax deadlines.

Read More »
9/23/2020
On-Time Financial Reporting is Key in Times of Crisis Image
On-Time Financial Reporting is Key in Times of Crisis

Who cares if your financial statements are late? Lenders and investors, that's who. Procrastination may cause them to...

Read More »
9/22/2020
Private Foundations Need Strong Conflict-of-Interest Policies Image
Private Foundations Need Strong Conflict-of-Interest Policies

Even if your private foundation has good intentions, it may not be enough. You need a conflict-of-interest policy to ...

Read More »
9/21/2020
Employers Have Questions and Concerns About Deferring Employees' Social Security Taxes Image
Employers Have Questions and Concerns About Deferring Employees' Social Security Taxes

The IRS has issued guidance to implement the deferral of the employee share of SS tax, but employers still have quest...

Read More »
9/17/2020
Not All Strategies Are Created Equal Image
Not All Strategies Are Created Equal

Know the difference between Succession Planning, Exit Planning and Business Planning and how to best execute each.

Read More »
9/16/2020
Reporting Discontinued Operations Today Image
Reporting Discontinued Operations Today

Many businesses have undergone strategic shifts during the pandemic. Here’s how to determine whether that chang...

Read More »
9/15/2020
Financial Dashboards Can Steer Your Nonprofit Towards Financial Success Image
Financial Dashboards Can Steer Your Nonprofit Towards Financial Success

Financial dashboards help nonprofit leaders make decisions by providing clear visualizations of key metrics. Here is ...

Read More »
9/10/2020
5 Key Points About Bonus Depreciation Image
5 Key Points About Bonus Depreciation

Depreciating assets involves a complex area of tax law; here’s a rundown:

Read More »
9/9/2020
Find Your Best Path to the Future Image
Find Your Best Path to the Future

Follow these steps to develop a clear picture of how to transition your business to the successor you choose. 

Read More »
9/3/2020
Employee Social Security Payroll Tax Deferrals Begin Image
Employee Social Security Payroll Tax Deferrals Begin

Employee Social Security Payroll Tax Deferrals Begin Amid Continued Questions

Read More »
9/2/2020
Levels of Assurance: Choosing the Right Option for Your Business Today Image
Levels of Assurance: Choosing the Right Option for Your Business Today

Here are some key factors to consider when evaluating your company’s current level of assurance.

Read More »
8/31/2020
3 Steps to
3 Steps to "Stress Test" Your Business

Under stress? Here’s how you can spot vulnerabilities and prevent your business from being blindsided in crisis...

Read More »
8/27/2020
Should Your Nonprofit Accept That New Grant? Image
Should Your Nonprofit Accept That New Grant?

Government or foundation grants can help your nonprofit, but they could hamstring your organization. Learn more....

Read More »
8/26/2020
The Possible Tax Consequences of PPP Loans Image
The Possible Tax Consequences of PPP Loans

If your business received a PPP Loan, you should be aware of the potential tax implications.

Read More »
8/20/2020
Funding a Sale to “Insiders” Image
Funding a Sale to “Insiders”

Business owners often consider “insiders” as viable successors. Can this be a fatal flaw in planning...

Read More »
8/19/2020
How to Codify Your Nonprofit's Ethics Image
How to Codify Your Nonprofit's Ethics

Nonprofits that enforce a "code of ethical conduct" are associated with 50% lower fraud losses. Get started here...

Read More »
8/18/2020
Forecasting Financial Results for a Start-Up Business Image
Forecasting Financial Results for a Start-Up Business

Today’s markets are unpredictable, but changing conditions can open new business opportunities.

Read More »
8/13/2020
File Cash Transaction Reports for Your Business - On Paper or Electronically Image
File Cash Transaction Reports for Your Business - On Paper or Electronically

If your business receives large cash or cash equivalent payments, you may have to report them to the IRS. 

Read More »
8/12/2020
Financial Reporting for Nonprofits That Have Teamed Up Image
Financial Reporting for Nonprofits That Have Teamed Up

Nonprofits: here’s what you need to know if you’ve recently joined forces with another entity.

Read More »
8/11/2020
PPP Update August 6, 2020: SBA Releases PPP Loan Forgiveness FAQs Image
PPP Update August 6, 2020: SBA Releases PPP Loan Forgiveness FAQs

The SBA just released a new round of FAQs targeted at providing guidance for PPP loan forgiveness. Find out more.

Read More »
8/6/2020
Rethinking Cash Flow Image
Rethinking Cash Flow

Since you can’t escape the impact of cash flow, you might as well take it head on, right?

Read More »
8/6/2020
Reporting CAMs in the COVID-19 Era Image
Reporting CAMs in the COVID-19 Era

How the pandemic could add a new layer of complexity to the new-and-improved auditor’s report. 

Read More »
8/3/2020
Why Do Partners Sometimes Report More Income on Tax Returns than They Receive in Cash? Image
Why Do Partners Sometimes Report More Income on Tax Returns than They Receive in Cash?

In some cases, partners may be taxed on more partnership income than was distributed to them from their partnerships....

Read More »
7/30/2020
Drive Success with Dashboard Reports Image
Drive Success with Dashboard Reports

Is your business running like a fine-tuned machine? Dashboard reports can help you quickly recognize problems and eme...

Read More »
7/29/2020
Main Street Lending Program Now Open to Nonprofit Applicants Image
Main Street Lending Program Now Open to Nonprofit Applicants

The Fed’s Main Street Lending Program just opened to nonprofits. Find out whether this program can help you.

Read More »
7/28/2020
Accounting Today Names WEC as One of the Best Accounting Firms to Work for in 2020 Image
Accounting Today Names WEC as One of the Best Accounting Firms to Work for in 2020

We are honored and grateful to be named as one of the 2020 Accounting Today’s Best Accounting Firms to Work for...

Read More »
7/27/2020
Even If No Money Changes Hands, Bartering Is A Taxable Transaction Image
Even If No Money Changes Hands, Bartering Is A Taxable Transaction

Bartering is popular during times of economic downturns, which many businesses are suffering now due to COVID-19...

Read More »
7/23/2020
External Audits Offer Many Benefits to Nonprofits Image
External Audits Offer Many Benefits to Nonprofits

Even if your nonprofit isn’t required to have an external audit, there are many good reasons to obtain this add...

Read More »
7/20/2020
Reporting Embedded Leases Image
Reporting Embedded Leases

Beware: Your supply and service contracts may contain hidden surprises known as “embedded” leases.

Read More »
7/15/2020
Businesses: Get Ready for the New Form 1099-NEC Image
Businesses: Get Ready for the New Form 1099-NEC

A tax form that used to be filed back in the 1980's is coming back for 2020. Here’s what businesses need to kno...

Read More »
7/14/2020
Steer Clear of the Trust Fund Recovery Penalty Image
Steer Clear of the Trust Fund Recovery Penalty

The “Trust Fund Recovery Penalty” is among the more dangerous tax penalties facing business owners and ma...

Read More »
7/6/2020
Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill. Image
Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill.

The extended federal income tax deadline is coming up fast. As you know, the IRS postponed until July 15 the payment ...

Read More »
7/1/2020
Where Transferable Value Comes From

One of the most important elements of a successful business transition is transferable value. No matter what an owner...

Read More »
6/18/2020
Rebuilding Your Nonprofit's Board Image
Rebuilding Your Nonprofit's Board

COVID-19 and widespread unemployment have increased difficulties for nonprofits. Is your board up to the challenge?

Read More »
6/17/2020
Challenging Times - Accounting and The CARES Act Image
Challenging Times - Accounting and The CARES Act

As advisors, we are fielding a flood of questions from business owners, CFOs and controllers on how to account for be...

Read More »
6/8/2020
Realistic Timelines

Global economic disruption uniquely affects each business.

Growing Business Value When Times are Tough

Growing Business Value When Times are Tough

Importance of Business Intelligence

This article does a nice job of illustrating the importance of business intelligence, i.e., using data to drive decis...

Virtual Recruiting Strategy During COVID-19 Shutdown Image
Virtual Recruiting Strategy During COVID-19 Shutdown

What we are doing to engage our talent pools

Innovations in Technology

We really appreciate Gartner’s view that organizations must understand the business and human impact first, the...

Blockchain Technology - The Latest

Check out Andre Sterley's Video Newsletter.

CARES Act Relief for Government Contractors Image
CARES Act Relief for Government Contractors

The Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law on March 27, 2020 to provide econo...

Read More »
3/31/2020
COVID-19 Contract Claims and Delays Image
COVID-19 Contract Claims and Delays

Contractors should prepare to navigate through potential contract claims

Read More »
3/30/2020
Consequences of COVID-19 - Financial Reporting Considerations Image
Consequences of COVID-19 - Financial Reporting Considerations

The AICPA released financial reporting considerations related to COVID-19.

CARES Act: Tax Provisions for Businesses Image
CARES Act: Tax Provisions for Businesses

CARES Act - Tax Provisions for Businesses

Coronavirus Tax Relief Links Image
Coronavirus Tax Relief Links

Please refer to the link for IRS updates related to the Coronaviru...

Get Your Final Indirect Cost Proposals Right for Year-End Reporting Image
Get Your Final Indirect Cost Proposals Right for Year-End Reporting

Final Indirect Cost Proposals and Year-End Reporting

As we start a new year, it’s time to “close ...

Read More »
1/28/2020
The Tax Implications of a Company Car

What are the benefits of using the company car?

Read More »
11/14/2019
Winston Churchill and the Tax Affecting of Pass-Through Entities

This article is as close as it gets in the valuation world to the “Extra, Extra… Read all about it&...

Read More »
8/29/2019
Fairness and Equity Among Family Members Image
Fairness and Equity Among Family Members

Owning a successful business can complicate family relations, especially when it comes to family finances. With ...

Which Door to Take?

Monty Hall and the Discount for Lack of Marketability…

Read More »
7/25/2019
“What... is the air-speed velocity of an unladen swallow?”

Monty Python and the Discount for Lack of Marketability

Read More »
5/30/2019
United States District Court Strikes Blow Against the Undead!

OK – the subject line of this article is a naked attempt to attract your attention but if you read on you ...

Read More »
4/18/2019
3 Things That Can Build Future Business Value

What can you do to help yourself overcome growth plateaus?

Go Forth and Multiply!

A brief explanation of EBITDA v. SDE in calculating the value of a business

Concrete Data to help with “The Art of the Deal”

Do you have the information you need to negotiate for your business?

Read More »
2/8/2019
Does the Wayfair Decision Affect You?

The criteria and precedent used to determine sales tax liability has changed. Will this change affect your business' ...

Read More »
2/7/2019
SALES AND USE TAX ECONOMIC NEXUS: ANALYSIS OF STATE THRESHOLDS

A brief summary of each state's economic nexus thresholds

Read More »
1/23/2019
How Business Owners Are Approaching Their Futures

Take a moment to consider the long-term future of your business.

The Qualified Business Income Deduction in a Nutshell

The new Qualified Business Income Deduction is one of the more complex proposed changes in the Tax Cuts and Jobs Act,...

Read More »
1/14/2019
How a REIT Can Benefit From a Cost Segregation Study

Many REITs are eligible to implement a tax strategy known as cost segregation. Unfortunately, misinformation has left...

Are Your Business Expenses Deductible Under New Tax Law? Image
Are Your Business Expenses Deductible Under New Tax Law?

The deductibility of certain expenses is obvious, while in other cases it’s unclear. And the TCJA affects many ...

Read More »
11/28/2018
Tax Law Changes for Nonprofits

Which parts of the recent tax reform have the greatest impact on not-for-profit organizations?

Read More »
11/7/2018
Prepare For New Lease Accounting

New accounting rules for reporting leases finally goes into effect in 2019 for public companies and 2020 for nonpubli...

Read More »
9/25/2018
Does Your Nonprofit Properly Report Donations?

Your not-for-profit probably already ensures that donors receive a receipt with information about claiming a charitab...

Financial Sustainability and Your Nonprofit

If your not-for-profit relies heavily on a few funding sources — for example, an annual government or foundatio...

"Can’t You See This is The Land of Confusion": Uncertainty and the Tax Cuts and Jobs Act

While it remains the case that the lower corporate tax rates for C corporations increase cash flows and therefore pot...

Read More »
2/3/2018
Collaborating for a Cause: Nonprofit Alliances

Countless nonprofits have partnered up for strength and survival in recent years, but the success of these arrangemen...

THE TAX CUTS AND JOBS ACT: 30 Ways The Act May Affect You And Your Business

A summary of the most widely applicable points of the tax reform passed in December 2017.

Read More »
1/19/2018
THE TAX CUTS AND JOBS ACT: Changes to Individual Taxation

Part 1 of 3: A summary of the most widely applicable points of the tax reform passed in December 2017. 

Read More »
1/19/2018
THE TAX CUTS AND JOBS ACT: Changes to Business Taxation

Part 3 of 3: A summary of the most widely applicable points of the tax reform passed in December 2017.

Read More »
1/19/2018
THE TAX CUTS AND JOBS ACT: Changes to Itemized Deductions

Part 2 of 3: A summary of the most widely applicable points of the tax reform passed in December 2017.

Read More »
1/19/2018
Did Singing Auld Lang Syne Increase Company Valuations?

The Impact of New Tax Law on Valuations

Read More »
1/13/2018
"Caught between the Scylla and Charybdis": What Sting Knows About Valuing Small Businesses

Sting is one of the more cerebral pop musicians and he clearly is wise to the ways of business valuation practice. So...

How Do I Sell Thee? Let Me Count the Ways

It’s been said that the best time to plant a tree is 20 years ago — or today. The same applies to your bu...

Uniform Guidance Procurement - What is the Effect of the New Requirements?

Under the new requirements of the Uniform Guidance (UG), procurement standards were modified to implement stricter re...

Read More »
8/7/2016
What's in a Minute? Keys to Properly Recording Board Minutes

Some people might argue that the keeping of board minutes is the most important job on any board of directors. It&rsq...

Cost Effective Ways to Recognize Employees and Volunteers

During tough budgetary times, you may have to cut expenses across the board, including costly perks, bonuses and rewa...

UBIT: How it Applies to Debt-Financed Property

If a tax-exempt organization engages in a business that is unrelated to its primary purpose, the general rule is that...

Threatening Calls from the IRS Might be a Scam

BEWARE - Taxpayers are receiving telephone calls from people claiming to be from the IRS, but they are not. These con...

EBITDA and Fair Market Value

One of the main differences between the world of real life transactions and the fair market value world is the way th...

Goal of Board: Fiscal Responsibility

Although each board's involvement in its not-for-profit agency's operations varies from situation to situation, all b...

Almost as Riveting as Game of Thrones...

Well, maybe that's a bit of an oversell, but certainly having a greater impact on the pocket book, the battle over ho...

A & A Advisor | June 2015

Accounting for business combinations In accounting and reporting for transactions that represent business combinatio...

When Goodwill has No Value

Recently, I have dealt with a number of issues relating to the valuation of goodwill. One particular case involved a ...

Do You Need a Business Plan for Your Nonprofit?

A business plan is like a road map. It can help you get where you’re going. It also can tell you that it may no...

The Rule of Thump

An article in the Atlantic Monthly refers to the emergence of a new term - the "rule of thump" - based on confusion w...

"It was a Very Good Year" - 1959 Ruling Stands the Test of Time

Channeling Frank Sinatra this month, I turn my attention to Revenue Ruling 59-60. This key valuation document issued ...

Valuation Factors for a Franchise

On the southeast corner of a major, urban intersection is an established privately-held "fast food" hamburger restaur...

Earning Capacity: The Critical Piece of the Puzzle

Where does the value of a business come from? First and foremost, it comes from the ability to generate earnings, its...

Champagne Wishes and the Valuation Issues of the Rich and Famous

The opportunity to gawp at the lifestyles of the rich and famous was a side benefit to taking a look at a dispute ove...

Solid Financial Structure Crucial to Sound Management

A nonprofit's financial management system involves much more than tracking money in and out. Your ability to deliver ...

Ask Clients if Your Nonprofit Is Meeting Its Mission

Your mission is the reason your organization exists. Staff, resources and community support are dedicated to addressi...

757 Angels Inc., Launches

757 Angels Inc., an initiative of Reinvent Hampton Roads, launched last week after more than a year of planning. 757 ...

Why Financial Statement Adjustments Are Made in Valuation Process

Clients are often mystified by the adjustments business valuation analysts make to financial statements when we start...

"I'm a Lumberjack and I'm OK!" - Cash Flows from Timber Apparently Trump the Value of Land

What a great start to 2015 - when a recent case allows me to include a reference to the halcyon days of Monty Python ...

Who Needs to Go to Vegas? Small Business Owners can Gamble for High Stakes from the Comfort of Their Offices!

Many entrepreneurs start a business with other like-minded business people and don’t want to think about what h...

Budget Preparation a Time For Problem Solving

Many nonprofit managers regard budgeting as a necessary evil that must be done to satisfy the board of directors and ...

The Season of Personal Goodwill

The case of Bross Trucking v Commissioner (Tax Ct. Memo LEXIS 109) was not strictly a valuation case but did address ...

Four Reasons Why Already-Dismal IRS Service is about to Get Much Worse

Few, if any, of us enjoy dealing with the IRS. Often polled as America’s most hated federal agency, the agency&...

Read More »
11/25/2014
Charitable Donation of a Vehicle

A Brief Overview of Frequently Asked Questions

"It All Depends Upon Your Appetite" - Or More Accurately the Judge's Appetite!

This month's commentary does not feature bottles of red or white (with apologies to Billy Joel) - though other bevera...

A & A Advisor | October 2014

Three accounting alternatives for private companies To provide for accounting alternatives that certain private comp...

Does Your Organization Have Unrelated Business Income?

Even though an organization is recognized as tax-exempt, it still may be liable for tax on its unrelated business tax...

Publication Advertising: What is Taxable?

Many tax-exempt organizations publish magazines or other periodicals that contain editorial material related to the o...

Royalties and Sponsorship Payments: Are They Tax Exempt?

Many tax-exempt organizations allow for-profit entities to use the organization's name or logo to market goods and se...

"Losing My Religion" - An IRS Lament?

A recent tax court case allows me to dig up a reference to an R.E.M. hit single (never my favorite, but, hey, any por...

A & A Advisor | August 2014

Alternatives reduce private company cost of standards compliance  Two accounting alternatives within the U.S. genera...

Microvolunteering: Are Short-Time Assignments More Productive?

Keeping volunteers happy, committed and enthusiastic is a challenging task for most nonprofits.

All too often...

"All You're Ever Gonna be is Mean - But Which One?"

In an effort to be down with the kids, this month's title comes from a Taylor Swift hit single - a big step from my n...

Four Simple Solutions for Reducing Waste

Those of us who operate in the manufacturing and distribution world are familiar with the “Seven Deadly Wastes&...

Inventory Counts - August 2014

Four simple solutions for reducing waste Those of us who operate in the manufacturing and distribution world are fam...

"There Are Three Kinds of Lies: Lies, Damned Lies, and Statistics"

I recalled this bon mot from Mark Twain as I reviewed a recent article from Business Valuation Resources that focused...

State credit programs advantageous for nonprofits and low-income individuals

Board Members of nonprofit organizations - or those responsible for the financial well-being of one - should become f...

Understanding Small Business Certification Image
Understanding Small Business Certification

As companies vie for their share of federal funds in a competitive market, many are weighing the benefits of a small ...

A & A Advisor | June 2014

Definition of "public business entity" brings much needed clarity Currently, multiple definitions of "public busines...

"Let's Start at the Very Beginning" - Do-Re-Me and the Cost of Capital

Sometimes it's just good to channel Maria in the Sound of Music and go back to basics. I recently had a good opportun...

Six Tips to Nip Pilfering in the Bud

If your nonprofit operates a second-hand store, gift shop or other retail venture, you should be on the lookout for t...

Mission Creep: How to Avoid It and Keep New Projects On Target

The first step in organizing a nonprofit is identifying the mission. Keeping an organization true to that mission is ...

"If You Know What I Mean" - Estate of Richmond v. Commissioner, Part the Third

A Neil Diamond song title as this month's hook? What? Who? How? Calm down - all will be revealed at the end of this e...

"Bang Bang" - The Tax Court Shot Him Down...

I never thought I would be minng Cher's back catalog for inspiration for an even more tenuous link for the title to t...

When to File an Estate Return Under New Law

The American Taxpayer Relief Act that became law on Jan. 2, 2013, changed the landscape of when an estate tax return ...

A Giant LEAP for Mankind? Maybe Not, but Some Helpful Data for Valutions

This month we're going to do some finance stuff - be warned, there may even be a formula... As valuation analysts, we...

A & A Advisor - October 2013

Welcome to the October edition of A & A Advisor! In this issue: New Guidance: How to use the liquidation basi...

Waiting in Vain? How Long Does it Take to Sell a Company?

We know that Bob Marley didn't want to wait in vain (in fact he said so repeatedly in the song) - and neither does th...

Inventory Counts - July 2013

Welcome to the July 2013 edition of Inventory Counts! In this issue: Reinstated R&D Credits: Don't miss this ...

Educated Staff Key to Service, Fundraising

Nonprofits have faced a challenging situation during the Great Recession. Contributions have declined for the majorit...

Inventory Counts | May 2013

Welcome to the May 2013 edition of Inventory Counts! In this issue: Your Supply Chain Water Conservation Custo...

A & A Advisor - April 2013

Welcome to the February edition of A & A Advisor! In this issue: Special-Purpose Financial Reporting Framewo...

When You're Asking For Money... Strategies for Making an Effective presentation

If you're in a management role with a nonprofit, chances are you sometimes have to give presentations to groups of in...

How to Build a Strong Board of Directors

If you want the best, most effective, board of directors possible, start with one vital requirement: a commitment to ...

Non-Profit to For-Profit: Some Organizations Are Making the Switch

As a nonprofit organization, you hold coveted IRS tax-exempt status, can accept grants and donations, and enjoy the p...

Free as a Bird Now! Eagle Dilemma Resolved

You may recall that I sent out an e-mail last year highlighting the dispute between the Estate of Ileanna Sonnenband ...

Inventory Counts - March 2013

Welcome to the March 2013 edition of Inventory Counts! In this issue: Pricing Strategies: Are Your Products Pric...

How Will the New Repairs Regulations Affect Your Company?

The characterization of expenditures relating to fixed assets (tangible property) has been a challenge since the ince...

Read More »
2/25/2013
Cash on the Warehouse Floor: Is Your Warehouse Full of Productive Income Generating Assets... or Wasted Cash?

Richard E. Groover CPA Inventory turnover is a Key Performance Indicator (KPI) on the radar of almost every manufact...

A & A Advisor - February 2013

Welcome to the February edition of A & A Advisor! In this issue: Limited liability entities Have you analyz...

Legislative Update from the General Assembly

On January 9th, 2013, the 46-day-long General Assembly session opened and, as in previous years, the VRF lobby team h...

Legislative Update from the General Assembly

On January 9th, 2013, the 46-day-long General Assembly session opened and, as in previous years, the VRF lobby team h...

Fiscal Cliff Legislation: How Tax Changes in the Act May Affect You

As the New Year's ball worked its way down its 141-foot drop in the seconds leading up to midnight on December 31, ma...

Read More »
1/13/2013
Benchmarking Your Organization to Improve Performance

During tough economic times, your nonprofit organization should always be looking for ways to improve and differentia...

American Taxpayer Relief Act

After weeks, indeed months of proposals and counter-proposals, seemingly endless negotiations and down-to-the-wire dr...

Read More »
1/11/2013
A&A Advisor | December 2012

Welcome to the December edition of A & A Advisor! In this issue: How to account for.. Deferred compensation ...

A&A: New Standards for Audit Engagements

As we plan for the upcoming audit season, the Audit & Accounting team at Wall, Einhorn & Chernitzer, P.C. (WE...

Research And Development Tax Credit

Every taxpayer wants to reduce his/her tax liability, and if you are involved in qualified research activities, the R...

Fly Like an Eagle? The IRS Will Bring You Back Down to Earth

I struggled with the title of this item......the story itself has been a godsend to headline writers and I don't feel...

How to Create A Strong Case Statement

A strong case statement is critical for any major fundraising campaign, whether you plan to approach foundations, ind...

Demographics Research on Your Client Base: Where to Begin

Having current demographics on your client base is an important part of making your case for services and funding. Ma...

2012-2013 Tax Planning

Dramatic tax increases scheduled to go into effect in 2013 make 2012 tax planning imperative. The following taxes may...

Read More »
9/28/2012
A & A Advisor - Fall 2012

Welcome to the Fall edition of A & A Advisor!  In this issue: What if ... management doesn’t evaluate variabl...

Understanding The DCAA Audit Process Image
Understanding The DCAA Audit Process

As a contractor doing business with the federal government it is important to be familiar with the ever changing regu...

"Doctor, Doctor - Give Me The News..." - Is the Medical Profession More Prone to Litigating Divorces Than Other Professions?

Please file the following under the "I'm just sayin'..." category - far be it from me to draw any conclusions!  ...

Tax Ramifications of Health Care Reform

The Supreme Court upheld President Obama's signature health care reform in a 5-4 decision on June 28, 2012.  Beg...

Read More »
7/8/2012
Wounded Warriors Tax Credits

What is the Returning Heroes and Wounded Warriors Work Opportunity Tax Credit? The Returning Heroes and Wounded ...

Returning Heroes & Wounded Warriors Tax Credit

The Returning Heroes and Wounded Warriors Work Opportunity Tax Credit is an extension of the Work Credit available fo...

Read More »
6/22/2012
Navigating Real Estate Professional Rules

Even if you work full time in the real estate field, you may not be considered a real estate professional in the eyes...

Due Diligence: How to Avoid Surprises When Acquiring a Manufacturing Company

Due diligence is one of the most critical stages in the process of purchasing a business. Some buyers incorrectly ass...

Mergers & Acquisitions: Valuation of Inventory Assisted in Purchase Price Negotiation

The Client: A large manufacturer of offi ce products involved in a vertical acquisition of one of its primary distrib...

3 Ways a Cost Segregation Study Can Help You

A cost segregation study can help you maximize tax savings and increase cash fl ows on
your future, current...

"I Have Only Come Here Seeking Knowledge..." But What Knowledge is Allowed to Affect a Valuation?

I have always cringed when Sting followed up the title line with "Things they would not teach me of in college". On t...

"A Man Hears What He Wants to Hear...and Disregards the Rest": S Corp Valuation Revisited

Paul Simon's lyrics seem to sum up the approach the Tax Court took in the case of Estate of Louise Paxton Gallagher v...

You Can Check Out Anytime You Like.. but you're better off if you figure out what a business is worth before you start!

Don Henley, the sage that he is, goes on to state that: "You can never leave" ... yet that isjust what every business...

"Even if We're Just Dancing in the Dark" Or on the head of a pin?

Oh yes, just squeezing in a Springsteen reference again - it's been a while. So how do I justify this random referenc...

"Clowns to the Left of Me... Jokers to the Right" What's the Value When You're Stuck in the Middle?

So we're trying to value a 50% interest in a company. We've determined the value of 100% to be $10 million ...

Economic Downturn Gives Owners Time to Work on Value Drivers

Paul G. DiNardo CPA They are essential for the successful sale of a company and are the responsibility of the owners...

What Will Happen To Your Business When You Leave?

We understand that business owners are so busy addressing today’s economic challenges that they can overlook th...

Set A Fair Price To Sell Your Share Of The Business

If, emulating Jack Nicholson and Morgan Freeman, you hope to climb the Pyramids and hit the tables in Monte Carlo whe...

Tax breaks, refunds and other tax tips

Paul G. DiNardo CPA Recent legislation makes Section 529 plans – already one of the most powerful college funding to...

‘Look-Through’ Lowdown

We all know how important it is to understand how tax laws affect the day to day operations of a construction busines...

Cost-segregation study helps with deductions

Property owners planning either a renovation or a rebuild of an existing facility have several tax implications to co...

Three Steps Fix ‘Profit Fade’

Many construction companies suffer from a disabling condition called “profit fade.” It occurs when a cont...

Future of your business depends upon succession plan

If you’re like the millions of baby boomers now nearing retirement age, you’ve probably thought about handing off you...

Contractors Must Know All Accounting Options

Construction companies face an imposingly complex choice when it comes to their accounting methods. Because no two pr...

Be like Bill, plan for succession

Paul G. DiNardo CPA When reporters ask billionaire Bill Gates what will happen to Microsoft if he should die, Gates ...

Tax savings apply to architectural work

Paul G. DiNardo CPA What do manufacturers and architecture/engineering firms have in common? If their service or pro...

How to take on the global marketplace

Paul G. DiNardo CPA Many manufacturers find the lure of selling to retailers in faraway markets too enticing to resi...