Blog

Tom Margarit | Mar. 1, 2018

It’s time to get more creative with retirement benefits communications

Employees tend not to fully appreciate or use their retirement benefits unless their employer communicates with them about the plan…

Randy Feld | Feb. 19, 2018

Use Benchmarking to Swim with the Big Fish

You may keep a wary eye on your competitors, but sometimes it helps to look just a little bit deeper.…

John Csargo | Feb. 19, 2018

Watch out for Identity Theft

As there are more and more data breaches affecting consumers, identity theft issues area at an all-time high.  It is…

Randy Feld | Feb. 15, 2018

When Using an EBITDA Multiple Isn’t Optimal

Often when we talk to clients, attorneys, or other professionals about business value, they want to think in terms of…

John Csargo | Feb. 15, 2018

How Long Should I Keep My Business Records?

When determining how long to keep most of your income tax records, we look to the time frame that the…

Tom Hofstad | Jan. 30, 2018

Work Opportunity Tax Credit

The Work Opportunity Tax Credit, or WOTC for short, is a somewhat complicated tax credit.  Basically, a tax credit exists…

Tom Hofstad | Jan. 29, 2018

Cost Segregation Study

A cost segregation study looks at a building or piece of property and segregates the total cost into portions with…

John Csargo | Jan. 29, 2018

Research and Development Credits

Both the federal and state research and development credits (R&D credit) are in place to reward those companies that develop…

Charlie Metzig | Jan. 26, 2018

Should I Record Interest Income On My ESOP?

No.  Nothing really happened.  The company makes a contribution of $XX, which is paid the ESOP.  The ESOP turns around…

Charlie Metzig | Jan. 26, 2018

I Went ESOP. When Should I Expect our DOL Audit?

There is a high likelihood that if you are an ESOP, then you will be visited by the DOL (Department…

Jackie Kennedy | Jan. 26, 2018

New: Qualified Business Income Deduction = 20%

A major provision in the Tax Cuts and Jobs Act is a 20% deduction available for pass-through entities with qualified…

Charlie Metzig | Jan. 25, 2018

What are SARS and Why Would an ESOP Want Them?

This question often comes up when a company goes 100% ESOP.  Prior to the ESOP transaction, ownership had a direct…

Chris Wittich | Jan. 25, 2018

Construction Contracts – Lookback Calculation

If you are looking for a way to kill a few hours to figure out if you owe the IRS…

Chris Wittich | Jan. 25, 2018

Construction Contracts – Completed Contract

The completed contract method is simple since you don’t have to recognize any profit until the contract is actually complete. …

Chris Wittich | Jan. 25, 2018

Construction Contracts – Cash Method

The cash method of accounting is one of the two main methods that businesses can use.  The cash method can…

Chris Wittich | Jan. 25, 2018

Construction Contracts – 10% or Less

Construction contracts are a tricky animal.  There are so many ways to account for them for book and tax purposes…