Firm News

Firm News

  • Can the WOTC save tax for your business? February 21, 2017 Employers that hire individuals who are members of a “target group” may be eligible for the Work Opportunity tax credit (WOTC). If you made qualifying hires in 2016 and obtained ...
  • IFRS vs. GAAP: Some public companies want a choice February 17, 2017 U.S. public companies are required to report their financial results using U.S. Generally Accepted Accounting Principles (GAAP). But, since 2007, hundreds of foreign companies listed on U.S. stock markets have ...
  • An EAP can keep your top players on the floor February 15, 2017 A good basketball team is at its best when its top players are on the floor. Similarly, a company is the most productive, efficient and innovative when its best employees are ...
  • SEPs: A powerful retroactive tax planning tool February 14, 2017 Simplified Employee Pensions (SEPs) are sometimes regarded as the “no-brainer” first choice for high-income small-business owners who don’t currently have tax-advantaged retirement plans set up for themselves. Why? Unlike other ...
  • Is annual financial reporting enough? February 13, 2017 Businesses generally issue year-end financial statements to let investors and lenders evaluate their financial health. But proactive stakeholders — including the company’s CEO and board of directors — may want ...
  • Envision your advisory board before you form it February 10, 2017 Many companies reach a point in their development where they could benefit from an advisory board. It’s all too easy in today’s complex business world to get caught up in ...
  • Take small-business tax credits where credits are due February 8, 2017 Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two available credits are especially for small businesses that provide certain employee benefits. And one of them might not be ...
  • Briggs & Veselka Co. CPAs Helps Ramaco Resources, Inc. in $81 million Initial Public Offering February 6, 2017 In New York last Friday, Briggs & Veselka client Ramaco Resources, Inc. (NASDAQ: METC) completed an initial public offering of its common stock and began trading on the NASDAQ Global ...
  • FASB approves one-step impairment test for goodwill February 3, 2017 In January, the Financial Accounting Standards Board (FASB) issued updated guidance to simplify goodwill impairment testing for public companies and private companies that haven’t taken advantage of the simplified reporting ...
  • PTO banks: A smart HR solution for many companies February 2, 2017 “I’m taking a sick day!” This familiar refrain usually is uttered with just cause, but not always. What if there were no sick days? No, we’re not suggesting employees be ...