By Michael L. Cecere, CPA, MST If your company offers employees a benefit plan such as a 401(k), 403(b) or other type of pension, and you have 100 or more employees eligible to participate in the plan, you must submit an audited annual plan financial statement along with the annual Form 5500 to the U.S. […]
Is Your Company Required to Have an Employee Benefit Plan Audit? Read More »
By Karen G. Timmermans, CPA “For the only way in which a durable peace can be created is by world-wide…economic activity and international trade.” – James Forrestal (1892-1949), former U.S. Secretary of Defense Although international trade has been making headlines in recent months, it is not a new occurrence. Cross-border commerce has been taking place
Business Without Borders Read More »
By Derek B. Rawls, CPA, MST My physician has advised me to avoid too much salt in my diet. Studies have shown that excess salt intake can raise blood pressure. The same can happen when a business finds too much SALT – State and Local Taxes – in its diet. While there is much speculation
Putting SALT on the Table Read More »
By Richard P. Feilteau, CPA, CVA How much is your business worth? That is not a speculative question, or one that should be answered with a “ballpark” guess. Attaching an accurate valuation to a company is a critical part of ongoing business strategy. Exit Strategy Planning. If you are planning to sell your business it
Top 10 Reasons for a Business Valuation Read More »
By Paul J. Gerry, Jr., CPA, PFS It is hard to believe the Internet is barely 20 years old. Yet in just two decades the Internet has dramatically changed the way we communicate, travel, shop and conduct business. What used to take days or weeks to accomplish can now be done in real time. Nowhere
What is Cloud Accounting and Why Do I Need It for My Business? Read More »
Happy New Year! It’s been a whirlwind these past few months – and with all of the potential tax changes weighing in the balance, you may be wondering what information you need to know. For your convenience, we’ve put together some highlights of what has happened on the tax front, and a sneak preview of
Looking Back, Looking Ahead Read More »
By Michael D. Koppel, CPA, PFS, CITP, MBARetired Partner at Gray, Gray & GrayDecember 1, 2016 A personal service corporation is a C corporation that performs services in the professions listed in Sec. 448(d)(2)(A) and substantially all of the stock of which (by value) is held directly or indirectly by employees of the corporation and
Why Personal Service Corporations Should Care About the Amount Paid to Shareholders Read More »
The unexpected victory of Donald Trump in the 2016 Presidential election has experts scrambling to review his proposed changes to the federal tax laws. While nobody can predict with complete accuracy what adjustments Trump will attempt to make as President, or what Congress will agree to consider, a look at some of the ideas he
What Tax Changes Can We Expect from President Trump? Read More »