COVID-19 Resources
To “C” or not to “C”? That is the Question
Posted by Jim Biehl on March 17, 2020
Jim Biehl
Whether it is nobler in the mind to suffer the higher effective tax rates as a flow-through entity, while maintaining optimum future planning flexibility, or elect to convert your flow-through entity to be taxed as a C corporation, and by doing so realize the immediate and delicious 21% “permanent” C corporation tax rate?
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Financial Analysis – Utilization
Posted by Clayton & McKervey on March 3, 2020
Senior Manager Dave Van Damme shares insights on a handful of key performance metrics to help business owners track financial performance.
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Demystifying the Financial Statement
Posted by Jim Biehl on February 12, 2020
Owners spend years amassing the knowledge and experience necessary to become masters at their craft. Passion for the work and the satisfaction of helping clients is what drives them – not necessarily administrative tasks like financial accounting and reporting.
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Financial Analysis – Revenue By Employee
Posted by Clayton & McKervey on January 23, 2020
Senior Manager Dave Van Damme shares insights on a handful of key metrics to help business owners track financial performance. Here, he discusses revenue per employee so that business owners can better understand the relationship between revenues and costs.
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US Senate Approves the USMCA
Posted by Carlos Calderon on January 20, 2020
The United States, Mexico, Canada trade deal (aka. NAFTA 2.0), has finally been approved by the US Senate after 29 months of extensive negotiations. Republicans and Democrats came together to show support with 89 votes in favor of the new agreement.
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5 Considerations for Finding the Right CPA
Posted by Denise Asker on January 3, 2020
Whether you are handling business or personal finances, having a Certified Public Accountant (CPA) as your advocate is priceless. The right CPA can help you and your business move toward financial success and uncover areas of financial improvement.
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Be on the Lookout for R&D Tax Credit Changes
Posted by Bryan Powrozek on December 29, 2019
As the end of another calendar year approaches many companies are beginning to shift their focus to year-end planning. As the dust continues to settle on the changes implemented under the Tax Cuts and Jobs Act (TCJA) most taxpayers have familiarized themselves with the new tax landscape.
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Tips for a Smooth Audit
Posted by Julie Killian on December 19, 2019
Whether preparing for a first-year audit or looking to simplify the existing audit process, there are proactive steps a company can take to have a smooth and relatively painless corporate financial statement audit.
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Industry 4.0 is Driving Transformation in Finance and Accounting
Posted by Clayton & McKervey on December 4, 2019
“The term Industry 4.0 conjures up images of high-tech factories filled with connected robots performing work previously done by people, but the technologies enabling this transformation are not just confined to the plant floor,”
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Considering Expanding to Mexico? Learn the Impacts of Taxes and Personnel Expenses
Posted by Carlos Calderon on November 26, 2019
It is true that Mexico has a highly qualified and competitive labor market, and a young population; however, it is mandatory -- and extremely important -- to factor in the personnel-related requirements below when expanding or operating in Mexico.
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