Category Archives: CPA & Business Advisory

Business Owners Share Their Biggest Value Acceleration Challenges

Posted on Wednesday, February 20, 2019 by

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.

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Bank Embracing Cryptocurrency in the Form of Stablecoins

Posted on Wednesday, February 20, 2019 by

JP Morgan is the first major U.S. bank to create and unveil a cryptocurrency. The coin, dubbed “JPM Coin,” will instantly settle payments between clients. This is an exciting development—we’re getting closer to a time when you will no longer have to wait several days for payments to be settled. And with today’s technology, you shouldn’t have to.

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Manufacturers: It’s Not Too Late to Comply With the New Accounting Standards

Posted on Tuesday, February 12, 2019 by

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.

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Questions Remain One Year After Federal Tax Reform

Posted on Wednesday, February 6, 2019 by

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.

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Position Your Company for Value

Posted on Tuesday, February 5, 2019 by

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.

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IRS Issues Guidance Related to the Qualified Business Income Deduction

Posted on Wednesday, January 30, 2019 by

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.

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Automate Accounting Processes with QuickBooks Online

Posted on Monday, January 28, 2019 by

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.

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4 Factors to Consider Before Investing in an Opportunity Zone

Posted on Tuesday, January 22, 2019 by

With excitement growing among investors, we’ve highlighted 4 key considerations that you should know prior to investing in qualified opportunity zones.

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Does This New Year Necessitate a New Human Resources Implementation System (HRIS)?

Posted on Monday, January 21, 2019 by

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.

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New Lease Accounting Standards Updates – What You’ll Need to Change

Posted on Monday, January 21, 2019 by

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.

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