Posted on Monday, February 18, 2019 by Mike Trabert, CPA, CVA, CMAP, CEPA, CMAA
Having just returned from our inaugural Owners’ Roundtable at sea, I’m filled with indelible memories Yet, as I reflect on this amazing experience, what really hits home are the common challenges that business owners face in preparing their businesses for transition.
Posted on Tuesday, February 12, 2019 by Victor Thornburg
It’s 2019: Is your manufacturing business complying with the new revenue recognition requirements issued by the Financial Accounting Standards Board (FASB)? It’s not too late to get organized, but don’t delay any longer.
Posted on Wednesday, February 6, 2019 by Denny Murphy, CPA, CCA
The Tax Cuts and Jobs Act (TCJA) of 2017 made significant changes to the U.S. tax code. But one year later, many taxpayers are in need of clarification. Perhaps the greatest uncertainty regards qualified improvement property (QIP). A large drafting error omitted QIP as eligible real property which is normally eligible for bonus depreciation.
Posted on Tuesday, February 5, 2019 by Mike Trabert, CPA, CVA, CMAP, CEPA, CMAA
All business owners want to receive maximum value for their business at the time of their exit. Yet, far too many owners discover they have not put enough thought into a growth strategy to achieve that value.
Posted on Wednesday, January 30, 2019 by Kayla Lau, CPA
Despite the recent government shutdown, the IRS issued highly anticipated final regulations regarding the Section 199A deduction. The IRS also issued proposed regulations regarding the treatment of previously suspended losses.
Posted on Monday, January 28, 2019 by Dawn Minotas and Monica Koch
The evolution of data automation and artificial intelligence (AI) has fundamentally disrupted how everyday accounting/bookkeeping processes are being handled. Small business owners who embrace these changes and use them to their advantage can access “real-time” web-based financial information to become more efficient.
Posted on Tuesday, January 22, 2019 by Eric McManus
With excitement growing among investors, we’ve highlighted 4 key considerations that you should know prior to investing in qualified opportunity zones.
Posted on Monday, January 21, 2019 by Shelley Morgan
It’s a new year. For some business owners, and many human resources professionals, that means you have almost no time to determine if your current systems and processes are really working in your organization’s best interests.
Posted on Monday, January 21, 2019 by Jim Suttie, CPA
In our last blog, we highlighted the impacts of new lease accounting standards updates on private companies. In this blog, we offer suggestions for adapting to the new standards.
Posted on Tuesday, January 15, 2019 by Ryan Siebel, CPA
All companies – public and private – must comply with the Financial Accounting Standards Board’s (FASB) new revenue recognition standard. While public entities are well underway in adopting the new standard in advance of the effective date, the time to act for private companies has now arrived.