Category Archives: CPA & Business Advisory

Opportunity Zones Provide Developers a Chance to Bring Life into Struggling Neighborhoods

Posted on Wednesday, December 12, 2018 by

With qualified opportunity funds, which are corporations and partnerships that invest in opportunity zones, developers can take advantage of the new qualified opportunity zones and help distressed communities at the same time.

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Objectives and Highlights of Lease Accounting Standards Under ASC 842

Posted on Tuesday, December 11, 2018 by

In our last blog, we provided a quick rundown of what ASC 842 is, why it was created, what it affects, and when new the lease standards become effective. In this blog, we want to expand a bit on the objectives of ASC 842.

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Effective Communication: It’s Everyone’s Responsibility

Posted on Friday, December 7, 2018 by

Communication consumes us. It defines us. It goes a long way toward defining our success or failure. And, it’s a two-part process. One process involves sending messages, and the other involves receiving messages. Have you thought about what kind of messages you are sending and receiving?

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Shifting from Annual Performance Reviews to Quarterly Check-Ins – Our Story

Posted on Friday, December 7, 2018 by

The increasing number of millennials in the workplace, coupled with growing research on what fosters engagement and creates a sense of connection between employees and organizations, led us to conclude that having more frequent conversations – aka, quarterly check-ins – best positioned our firm for employee retention and growth.

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Lease Accounting Standards Updates – What You Need to Know for 2019

Posted on Wednesday, December 5, 2018 by

If you own or operate a U.S.-based business and lease anything tied to it, you may or may not be aware of the FASB’s lease accounting standard change, ASU 2016-02, Leases (Topic 842), the long-awaited new standard on lease accounting. So, what should your company do to prepare?

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Moving From Chaos to Growth – Building Mission-Driving Initiatives

Posted on Monday, December 3, 2018 by

When organizations plan to accomplish things, it often comes down to identifying broad goals, designing complementary strategies, then designing tactics to accomplish each strategy. Tactics – also called initiatives – are the things you do to create your products and services and drive your mission.

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Moving From Chaos to Growth – Committing to Discipline

Posted on Wednesday, November 28, 2018 by

Discipline allows a business to refine its processes and optimize its products through repetition, continuous improvement and ongoing commitment to excellence. In this spirit, what can you do to create greater discipline in your business?

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Investors: Highway to the Opportunity Zone

Posted on Monday, November 26, 2018 by

Looking for tax savings? With support from communities, developers, investors, and somehow… both political parties? Meet the qualified opportunity zone. The benefit passed in December 2017 with the Tax Cuts and Jobs Act. Due to the tax overhaul including lower income tax rates, this part of the bill largely flew under the radar.

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Moving From Chaos to Growth – Establishing Signposts

Posted on Monday, November 26, 2018 by

Say you’ve established your leadership framework, built a sound structure and integrated the necessary processes and levers to fuel your business’ growth. Now, you need to determine if you’re on the right path and making progress. That’s where signposts come in.

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IRS Issues Highly Anticipated Regulations on Opportunity Zone Investments

Posted on Monday, November 26, 2018 by

The newly created qualified opportunity zone development program has created a lot of buzz – and many questions – among investors, real estate developers and business owners. Investors, who benefit the most by making investments before the end of 2019, have been waiting for clarifications before they could proceed.

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