Blog

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

    October 9, 2019

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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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  • The Shifting Global Manufacturing Supply Chain

    August 13, 2019

    The escalation of the negotiations has caused uncertainty in global markets and many American companies with supply chains based in China are weighing their options of extending relations with Chinese manufacturers. But have the trade negotiations initiated by the current Administration been the main reason for companies’ considerations for moving supply chains out of China?

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  • Finding the Right Buyer

    August 8, 2019

    When taking your company to the market, it may pay off handsomely to find the right buyer. The right buyer, is often one that is in the same or similar industry as your company, and may be willing to pay a premium in excess of what a simply financial buyer would pay. This blog post explores how a strategic buyer might determine the valuation of a target company in contrast to how a financial buyer would potentially place a price tag on the same target.

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  • New Auditing Standard for Certain Employee Benefit Plans

    July 31, 2019

    Up until this new standard, many employee benefit plans were subject to what has been known as a “limited-scope audit” as long as the plan sponsor obtained a certification of the investment information from a qualified custodian or trustee. The new standard will refer to these audits as an “ERISA section 103 (a) (3) (c) audit”.

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  • Cannabis & Complex Regulations

    July 24, 2019

    The cannabis industry and complex regulation go hand in hand, so it is no surprise that the regulations surrounding packaging and labeling of cannabis and cannabis infused products would be among the most extensive and tricky to navigate.

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  • 5 Types of Common Fraudulent Activity in the Construction Industry

    July 22, 2019

    Occupational fraud is generally a result of individuals having the opportunity, rationalization, and pressure to commit the acts. While a company may have little to no control over the outside pressures that an individual might have to push them to commit fraud, controlling the opportunity afforded to employees and other third-parties can greatly reduce the likelihood of fraud in your organization. Construction companies should focus on the following in order to reduce likelihood of fraud, and increase the chance of catching fraud if it occurs:

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