1.19.18
3 Approaches to Valuing a Business
Business valuation professionals typically apply three approaches to valuing a business — the cost, market and income approaches — ultimately relying on one or two…
1.18.18
Are Settlement Proceeds Taxable?
The federal tax code specifically excludes damages received for personal physical injuries or physical illness from taxable gross income. But settlements don’t always explicitly provide…
1.12.18
Are You Confused by Your Medical Practice’s Banking Needs?
Medical offices have vastly different needs than small businesses and individuals, and banks have developed a wide range of financial services and products to accommodate…
12.16.17
How to Address Fraud in Your Business
Whether you’re concerned about external or internal fraud, there really are only a few things you can do as a business owner to prevent and…
11.29.17
Are You Ready for Millennials in Your Workplace?
What do you think of when you hear about millennials in the workplace? Many people think that this generation of workers, ages 18-34, are entitled,…
10.12.17
Employee Theft In Your Dealership? – It Could Happen To YOU!
Detecting and preventing fraud has become critical with the volume of transactions and automation in automotive dealerships today. While employee theft is, unfortunately, not uncommon…
9.29.17
Are You In Compliance With The Employer-Owned Life Insurance Contract Rules?
It is common for companies to carry life insurance on its owners and certain key-employees to help lessen the financial strain on the company should…
8.31.17
Five Key Issues for Revenue Recognition Implementation
Accounting changes for the new revenue recognition standards (ASC 606) for contracts with customers will be required sooner than you think. While the majority of…
8.18.17
4 Accounting Alternatives That May Reduce Financial Reporting Costs
Many privately held construction companies prepare audited financial statements that comply with Generally Accepted Accounting Principles (GAAP) as established by the Financial Accounting Standards Board…
7.29.17
Section 179D Deduction – Putting Money in your Pocket
Section 179D – Energy Efficient Commercial Building Deduction Putting Money in your Pocket. Many of us are familiar with the potential acceleration of the deduction under…