Recognizing our Clients’ Success
Posted by Robert Dutkiewicz on February 20, 2019
Robert Dutkiewicz
One of the greatest pleasures a professional can experience is to see your client blossom from a small start-up operation to a thriving business. It is extremely rewarding to play a part in this transformation. However, at some point in time, the business owner will need to address the succession of the business, whether it is transitioned to family member, key management, or an unrelated buyer. When this happens, it is great time to reflect on all of the successes of the organization and in the contributions team lent to the process. For example, recently a longtime client sold their …
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The Secret to Longevity in Business
Posted by Jim Biehl on February 6, 2019
Have you ever wondered how some companies last for generations while others fade into obsolescence? In the firm’s long history of working with closely-held businesses, …
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Vigilance Helps Defend Cyber Attacks
Posted by David Van Damme on February 5, 2019
Situations You’ll Want to Avoid You have undoubtedly heard it before: When it comes to opening emails, clicking links, and browsing – – “Be vigilant.” …
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How to Respond to the US-China Trade Friction
Posted by Nina Wang and Tim Hilligoss on January 29, 2019
The year of 2018 was essential to the world’s two greatest trading nations: the United States and China. Throughout 2018, the Trump administration proposed and launched a series of policies imposing additional duty rates on a wide range of products imported from China. China retaliated immediately by publishing a list of products imported from US as targets for an additional 25% tariff. This trade friction is sweeping worldwide and has significant impacts on businesses.
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Impacts of the New China IIT Law
Posted by Nina Wang on January 28, 2019
On August 31, 2018, China passed the Draft Amendment to the Individual Income Tax Law (IIT Law), which is the most significant revamp in the past 38 years. The amendments will have a significant impact on foreigners living in China. The following is an overview of the key changes that may affect individuals in the global mobility arena.
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China Released Tax-Reduction Measures
Posted by Nina Wang on January 10, 2019
In the past few months, China’s Ministry of Finance (MOF), State Administration of Taxation (SAT), and other governmental agencies released various new “Circulars” to the current Chinese corporate tax law. Most of these tax reduction measures took effect January 1, 2018 in order to support entrepreneurship, innovation, and the development of both high technology enterprises and small and mid-sized entities (SMEs).
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50% Meals and More: Digesting the Latest TCJA Update
Posted by Margaret Amsden on January 2, 2019
Those planning to discuss business at the next tailgate, or talk shop over eighteen holes with the intention of writing off the expense on this year’s tax return, need to think again. In the IRS’s latest notice on the Tax Cuts and Jobs Act (TCJA), changes to Internal Revenue Code (IRC) Section 274 regarding meals & entertainment, entertainment expenses are strictly off the menu.
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Research & Experimentation Funding for Control Groups
Posted by Sarah Russell and Tim Finerty on January 2, 2019
A common misconception about the Research and Experimentation Tax Credit for Increasing Research Activities (hereinafter the R&E Credit) arises when control group members share expenses related to qualified research activities; and when the ultimate user or decision maker is not the same entity who conducted the research activities.
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Considering a Merger or Acquisition?
Posted by Margaret Amsden and Ben Smith on January 2, 2019
Ensure your understanding of the new tax regulations to get the most return out of your investment! Under the Tax Cuts and Jobs Act (TCJA), businesses have been impacted in multiple ways. In particular, businesses considering a transaction, such as a merger or acquisition, should be sure to discuss the following...
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We Are Proud of the Role That Our Team Plays in Helping Out Those Within the Community
Posted by Robert Dutkiewicz on December 31, 2018
I think most of us would agree that his time of the year is truly special. Most of us get to enjoy the holidays by spending time with our loved ones, sharing gifts, and creating treasured memories.
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