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Accounting and financial news
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Two Debuts in the world of GBQ: Yuengling and APT

by Mary Stucke

October was a busy month for many at GBQ as the introduction of Audit Planning Tool (APT) caused a stir in the office.  I am sure many cups of coffee were consumed as we held a three day training session to introduce this new BDO audit tool.  However, causing an even bigger and arguably a […]

Posted in Audit & Tax Talk | Comments »

A Better Understanding of Form 8889

by Tim Schlotterer

The Health Savings Account (HSA) is an individual tax-advantaged savings account designed to allow you to save for and pay your medical bills.  In addition to completing Form 1040, you may also have to complete Form 8889 and submit it with your tax return.  The purpose of Form 8889 is to report contributions made to […]

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Accolades

by Sara Robertson

I am excited to write and share the following blog post. At GBQ, we are proud of our achievements, we just don’t always talk about them. I am going to change that right now by sharing some of our recent achievements: Columbus Business First Best Places to Work This marks our fifth year on the […]

Posted in GBQ News & Culture | Comments »

LLC’s vs. S-Corporations: Which Entity is Right for Me?

by Tim Schlotterer

There are many important factors to weigh when considering incorporating a business.  One of the most vital components to consider is which entity type provides the best tax incentives for a particular business. While LLC’s have gained popularity in recent years because of their flexibility, S Corporations remain a popular entity choice as well.  The […]

Posted in Audit & Tax Talk | Comments »

Individual Tax Savings Tips

by Tim Schlotterer

Tired of all the uncertainty in federal taxes? Here are some individual tax savings tips that you can bet on!

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GBQ is a Proud Sponsor of the Fast 50

by Darci Congrove

Last week, we were excited to congratulate the fastest-growing private companies in central Ohio at the annual Business First Fast 50 Awards program.  Prior to the public luncheon, we were privileged to have the opportunity to meet many of the entrepreneurs behind these companies in person, and to hear the stories of their businesses.  The […]

Posted in GBQ Exchange | Comments »

Coming out of the Red Corner…

by Judd Ballard

Weighing in with a plethora of multistate sales and use tax knowledge, and hailing from the beautiful mecca known as Utica, better known for its annual ice cream festival…by way of Powell…better known as the side of town that doesn’t stop growing, and the Columbus Zoo… The State and Local Tax team is excited to […]

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Lessons from Steve Jobs and the National Middle Market Summit

by Wade Kozich

This week, I had the opportunity and pleasure to attend the first National Middle Market Summit at The Ohio State University sponsored by GE Capital and Fischer College of Business. Speaking were some great CEOs like Jeff Immelt of GE, Fred Smith of FedEx, Roger Penske of the Penske Corp and Mark Benioff of Salesforce.com. […]

Posted in GBQ Exchange | Comments »

Why Contractors Fail

by Bob Biehl

The past few years have been a nightmare for the construction industry.  The unemployment rate is over 13.5%,companies are going out of business left & right and competition for what little work that is out there has been fierce.  What should a construction company owner do?  If the answer is to keep the doors open […]

Posted in Bob's Construction Accounting Chat | Comments »

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