Blog

  • The Health Savings Account: One of the Most Underrated and Tax- Friendly Ways to Save Money

    December 4, 2019

    The Health Savings Account (HSA) is a great savings vehicle that can be used to fund your healthcare costs and save tax dollars along the way. Unfortunately, there are still millions of people that do not take advantage of an HSA, even if they are eligible to open an account.

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  • Disney on Demand

    November 19, 2019

    Disney was able to pull off this streaming service through a series of acquisitions. The two most significant acquisitions include: the purchase of BAMTech, which ultimately provided the technology and capabilities to offer the streaming service to users, and the acquisition of 21st Century Fox which bolstered the content that would be provided. With this strategic plan, Disney reported that more than 10 million people signed up for the service on opening day. It will be very interesting from a valuation standpoint to see how this new service will impact Disney’s stock in the long-term.

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  • Use It or Lose It – Is Now the Best Time for a Gift?

    November 7, 2019

    The increased estate tax exemption is already scheduled to return to its pre-2018 level, approximately half of what it is currently, beginning in 2025. With the uncertain political climate raging on until the 2020 election season, there is the potential for a decrease to the exemption amount to materialize much earlier than its originally scheduled 2025 roll back.

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  • Liberated from LIBOR

    November 5, 2019

    Starting in 2021, the most widely-used interest rate benchmark, the London Interbank Offered Rate (LIBOR), will cease to exist as the reference rate for an estimated $200 trillion in USD-denominated derivatives and loan contracts.

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  • The Challenges Employers Face Regarding Retirement Plans with Low Balance Accounts

    October 31, 2019

    As 401(k) plan audit season and the Form 5500 filing deadlines has now passed, plan sponsors should take the time review their participant accounts for terminated employees with low balance accounts.

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  • 5 Benefits of Outsourced Accounting for Not-for-Profit Organizations

    October 9, 2019

    Bookkeeping and accounting functions are often overlooked at small – midsized not-for-profits. The importance of these functions is buried in the day to day to do-list. If this sounds familiar, you are in luck. Outsourced accounting for not-for-profit organizations can help save time and money, giving you the freedom to help your organization thrive.

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  • Technology Trends in the Construction Industry

    October 1, 2019

    The construction industry is an ever-evolving field with constant changes impacting companies on a regular basis. Whether business owners have to deal with safety and other compliance/regulatory issues, process changes, or technological advancements, there is always something to react to. However, with the current pace of innovation, it is important for construction businesses to take a proactive approach to ensure their investment in technology is putting them in a position to stay ahead of the competition.

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  • Another Valuation Win in Court for Taxpayers?

    September 12, 2019

    Now we have yet another case in which the court upheld the use of a tax-affecting methodology in valuing a pass-through entity. This time in both the S-Corporation and limited partnership space. Another issue at play in this case was the magnitude of the weighting of different valuation approaches, the income approach vs. the asset approach.

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  • Is Your Construction Business Covered By A Strong Buy-Sell Agreement?

    September 5, 2019

    Constructing a building from scratch without a blueprint is similar to having a company without a strong buy-sell agreement. A buy-sell agreement is entered into by owners of a business and describes how ownership transitions will take place upon the occurrence of certain events. This takes going through a careful thought process that considers what could, might or will happen. Transition in ownership can transpire under many different circumstances – some positive, some negative.

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  • Is WeWork Only Working to Make the Founder Rich?

    September 4, 2019

    Since WeWork’s S-1 was filed, the company has come under a fairly significant amount of scrutiny by potential investors. It appears as though there are very few people left in the group that would consider themselves bullish on the stock and the pending IPO. One of the most glaring items in the S-1, that was not entirely new information, was the extent of the transactions taking place between WeWork and its founder, Adam Neumann.

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