Front Page Blog

November 14 , 2018 | Posted by Brien Dulle |

Postcard 1040? Maybe Next Time

We’ve all heard about the sweeping tax changes that have come with the Tax Cuts and Jobs Act. While planning to take the most advantage of the new law is by far the most important aspect of the law, all of these changes will also bring a change to reporting and a new look to…

November 14 , 2018 | Posted by Karen Keller |

Compilation, Review or Audit: Select the Right Level of Assurance

The term “assurance” refers to how much confidence lenders and other stakeholders have that a company’s financial statements will be reliable, informative and in conformity with U.S. Generally Accepted Accounting Principles (GAAP) or another financial reporting framework. Higher levels of assurance require more in-depth procedures performed by the CPA when evaluating a company’s financial statements.…

October 17 , 2018 | Posted by Lydia Ritze |

Independent or employed – Understanding the ins and outs of employee classification

With the rise of independent contractors in the new, shared economy, distinctions between employees and contractors are increasingly blurred. The tax implications of misclassification can be significant, and the IRS, the U.S. Department of Labor (DOL) and even some states are weighing in on employee classification. Here’s a look at the issues.

Tax advantages

Businesses…

October 17 , 2018 | Posted by Nathan Oswald |

Cash is King – Even in Fraud Schemes

It’s probably no surprise that cash is the most popular target of fraudsters — after all, once stolen, cash itself is virtually untraceable. But that doesn’t mean forensic experts can’t unearth cash fraud schemes and the perpetrators behind them.

Identifying Cash Traps

How do thieves get their hands on your cash? According to the Association…

September 13 , 2018 | Posted by Karen Keller |

DOL has Increased Scrutiny of Defined Benefit Plans

Sponsors of defined benefit plans — commonly known as pensions — might be facing tighter scrutiny from the U.S. Department of Labor. Just last year, at an ERISA Advisory Council meeting, the agency’s Employee Benefits Security Administration (EBSA) announced that it had ramped up pension audit operations in its Philadelphia office and later decided to…

Business Tips for Back-to-School Time

Late summer and early fall, when so many families have members returning to educational facilities of all shapes and sizes, is also a good time for businesses to creatively step up their business development efforts, whether it’s launching new marketing initiatives, developing future employees or simply generating goodwill in the community. Here are a few…

July 13 , 2018 | Posted by Brad Schueler |

Tax Planning and Your Investment Portfolio

Summertime is back upon us and brings with it a break from school for families, summer vacations, and generally a more relaxed pace of life.  The stock market has gotten off to a volatile start this summer.  Market volatility can lead to rebalancing of a portfolio, which may, however, lead to tax consequences from capital…

July 12 , 2018 | Posted by John Eberhart |

Combining Liquidity and Efficiency Metrics

Cash conversion cycle can be a useful management tool

How long does it take your company to convert raw materials to cash collected from customers? The cash conversion cycle is a financial metric that answers this critical question. Here’s a closer look into how it’s calculated and what it means.

Liquidity vs. turnover

Liquidity ratios…