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Accounting and financial news
from the front lines

Is Innovation the most overused word in today’s business world?

by Judd Ballard

Occasionally I get on these rants, I can’t help it, mostly related to pet peeves I’ve discovered over time as I try and immerse myself in what’s going on in Corporate America. This one might take the cake because I can’t go a couple days in a row anymore without it sneaking up on me. […]

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What’s your charitable donation deduction?

by Associate

When it comes to deducting charitable gifts, all donations are not created equal. As you file your 2015 return and plan your charitable giving for 2016, it’s important to keep in mind the available deduction: Cash. This includes not just actual cash but gifts made by check, credit card or payroll deduction. You may deduct […]

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GBQ + ViaVero

by Sara Robertson

In February 2016, GBQ announced a joint venture with ViaVero. The joint venture expands GBQ’s service offerings into the talent consulting space and gives ViaVero a broader reach into the middle market here in central Ohio. The initiative deepens the two companies’ expertise in financial talent recruitment and gives their customers a single source for filling […]

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Business Valuation and Double Dipping

by Rebekah Smith

I spoke at Colorado’s 33rd National CLE Conference in Vail, Colorado on January 9th. My presentation covered advanced topics in business valuation as it relates to family law including “double dipping” (the use of income for both valuation and support) and personal goodwill issues. The key take aways from the presentation are discussed below. Double Dipping Counsel should […]

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Fraud Risk Assessments: An Ounce of Prevention…

by Keith Hock

Benjamin Franklin famously stated that, “an ounce of prevention is worth a pound of cure.” This is definitely true when it comes to financial frauds – a fraud risk assessment (the prevention) is definitely better than fixing an internal control deficiency after a fraud (the cure). Let’s look at some numbers, according to the Association […]

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Deduct Home Office Expenses – If You’re Eligible

by Associate

Today it’s becoming more common to work from home. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. Eligibility requirements If you’re an employee, your use of your home office must be for your employer’s convenience, not just your own. If you’re self-employed, generally your home […]

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Extension means businesses can take bonus depreciation on their 2015 returns – but should they?

by Associate

Bonus depreciation allows businesses to recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) extended 50% bonus depreciation through 2017. The break had expired December 31, 2014, for most assets. So the PATH Act may give […]

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Green Bagel History

by Sara Robertson

For 35 years, GBQ has been celebrating St. Patrick’s Day as only savvy accountants and consultants can do…with green bagels. GBQ’s green bagel tradition dates back to  the 1980s when the idea was presented to our three founding partners – Morris Groner, Jack Boyle and Ron Quillin. The annual event was embraced and encouraged by Boyle […]

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