How quickly can you sell or acquire a business? As with most major transactions, it depends. Once parties agree to merge, deals typically take six to 18 months to conclude. The selling company’s size and industry, the complexity of the transaction, and the buyer’s ability to get financing, among other factors, can all affect timing. […]
It’s About Time: Keep Your Deal Moving — But Not Too Quickly Read More »
Wall Street rallies as interest rates rise for the first time since 2006.Presented by Gray Equity Management, LLC U.S. monetary policy officially changed course Wednesday. Federal Reserve officials voted to raise the federal funds rate by a quarter of a percentage point, ending an unprecedented 7-year period in which it was held near zero. Nearly ten
The Fed Makes Its Move Read More »
By Michael D. Koppel, CPA, PFS, CITP, MSA, MBARetired Partner at Gray, Gray & GrayDecember 1, 2015 In July, the U.S. Department of Labor’s (DOL’s) Wage and Hour Division issued Administrator’s Interpretation No. 2015-1, which addresses issues arising from the misclassification of employees as independent contractors. The interpretation addresses the application of the Fair Labor
Steps that may help to address a savings shortfall.Presented by Gray Equity Management, LLC Were you born within the years 1965–1980? That makes you a member of Generation X, and it means you are between ages 35–50. Gen Xers now constitute “the sandwich generation” – how time flies.1Broadly speaking, Gen X is the first generation that
How Gen Xers Can Get Their Retirement Saving Back on Track Read More »
By Richard A. Hirschen, CPA, CGMAGray, Gray & Gray, LLP The federal government recently announced that the nationwide unemployment rate dropped to 5% in October, the lowest it has been since 2008. Professions like architecture, engineering and design are not immune to the effects of the tightening pool of workers. Not only is it more
Protecting Your Firm’s Most Valuable Asset: Its People Read More »
By Richard Hirschen, CPA, CGMAGray, Gray & Gray, LLP Every year architectural and engineering firms spend money – lots of money – trying to generate new business and new projects. Your firm’s investment in marketing can run the gamut from advertising and direct mail, to a website and public relations, to entering design competitions in
Accounting for Marketing Expenses in Overhead Rate Calculations Read More »
A major global selloff unfolds. Is a bottom near?Presented by Gray Equity Management, LLC When will the stock market stabilize? As the last trading week of August began, worried investors wondered just that. Gains for the major indices were hard to imagine at Monday’s opening bell, but few imagined the Dow Jones Industrial Average would drop
Riding Out This Volatile Market Read More »
With the Fed poised to gradually raise rates, this is worth considering.Presented by Gray Equity Management, LLC America once experienced something called “moderate inflation.” It may seem like a distant memory, but it could very well return in the second half of this decade. A remote possibility? Most economists think the Fed will start raising interest
How Might Higher Inflation Affect Your Investments? Read More »
If you are between 40 & 60, beware of these financial blunders & assumptions.Presented by Gray Equity Management, LLC Between the ages of 40 and 60, many people increase their commitment to investing and retirement saving. At the same time, many fall prey to some common money blunders and harbor financial assumptions that may be
Mid-Life Money Errors Read More »
It is important for to keep your company’s name consistently in front of the public, particularly in a competitive business environment. It can be helpful to be innovative in your marketing and promotional techniques, but where do you draw the line? In a recent case, the Tax Court upheld more than $160,000 in deductions over
Tax Court Revs Up Deductions for Promotional Expenses Read More »