Description: We’ll share our expertise and simplify the technical without boring you (too much).
Most recent post: Opening the “Back Door” to a Roth IRA
A potential downside of tax-deferred saving through a traditional retirement plan is that you’ll have to pay taxes when you make withdrawals at retirement. Roth plans, on the other hand, allow tax-free distributions; the tradeoff is that contributions to these plans don’t reduce your current-year taxable income. Unfortunately, modified adjusted gross income (MAGI)-based phaseouts may […]
Description: As Director of Construction Industry Services at GBQ Partners LLC, I find that prior to construction companies becoming a GBQ client, they think all CPAs do is accounting and tax work. I have found through my experience and expertise that helping contractors understand their risks can help them avoid failure. Along with helping contractors understand risk, it is important to help them plan for success and help them understand the impact of the decisions that are made on their company’s balance sheet and income statement.
As hard as it is to believe, the open and closed job schedules are probably two of the most underutilized tools in most construction companies. Of course the surety’s, banks and accounting firms like GBQ use these schedules to help analyze the company’s past and future financial performance. But all too often, the only reason […]
Description: Technology, like your business, is constantly changing. We will help you sort out the good from the not-so-good, identify and mitigate risks that come with the use of technology, and keep you informed of significant developments that might impact how your business uses technology.
It is almost impossible to get through a week without hearing about a new cyber security breach. Considering the first web browser is not even 20 years old, and e-commerce did not really start to evolve for several years after that, the “Threat Landscape” has rapidly evolved from unsophisticated outside attackers to sophisticated hackers and […]
Description: Case In Point will explore relevant and newsworthy topics relating to economic damages, bankruptcy, forensic accounting, and fraud, highlighting breaking case decisions, case studies, how to build a financial case, and things to know just in case.
Most recent post: A Day in the Life of a Forensic and Dispute Advisor
Often times when discussing my career with friends and family, I am asked, “What exactly do you do every day?” Many expect me to talk about a recurring month-end closing process or the rigors of tax season and are surprised to hear that my job duties are far from cyclical. I like to joke that […]
Description: Sharing conversational insights related to what we’re seeing in the marketplace: client work, industry trends, and commonly asked questions. Our focus is to create a conversation around all things accounting.
Most recent post: This Global Warming is Freezing!
We all woke up this morning hoping to avoid the outdoors, hoping for a day off on account of…the cold? If you are as unfortunate as I am to be without a garage, you had the luxury of scraping deep set ice off of your windshield for at least 20 minutes, while your car took […]
Description: Because accountants don’t have to be square. Tune in for an inside look at the day to day happenings of GBQ.
Most recent post: Summer Firm Meeting Recap
Last Friday, we held our annual firm meeting. GBQ hosts quarterly firm meetings throughout the year, but the annual meeting is always our big one (and my favorite!). We announce promotions, give out recognition and service awards, and have a little fun (yes, contrary to popular belief, accountants DO know how to have fun). We try […]
Description: Our professionals have extensive experience in the valuation arena and our blog is our way to provide you with insights and analysis of everything BV.
Most recent post: In The Shark Tank It’s All About Valuation
Unless you do what I do for a living, “valuation” probably isn’t a word you hear every day… but it is a word you hear a lot on Shark Tank. And it’s usually a point of controversy. Why do the entrepreneurs and the Sharks differ on valuation? The entrepreneurs are passionate about their business and […]