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Returning Value Blog

Choosing an Entity for Your Business? How About an S Corporation?

Posted by Nick Wheeler, CPA on Apr 07, 2023

If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable form of business for your new venture. Here are some of the reasons why.

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Posted in Business Advisory

HUBZone Program: Still Available, Changes Coming

Posted by Nick Wheeler, CPA on Mar 24, 2023

In a nutshell, according to the SBA, the HUBZone program fuels small business growth in historically underutilized business zones. The idea is to award at least 3% of federal contract dollars to eligible companies each year.

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Posted in Business Advisory

IRS Drastically Expands Electronic Filing Requirement for 2023 Tax and Information Returns

Posted by Michael D. Machen, CPA, CVA on Mar 23, 2023

The Internal Revenue Service finalized regulations on February 23, 2023, significantly expanding mandatory electronic filing of tax and information returns that require almost all returns filed on or after January 1, 2024, to be submitted to the IRS electronically instead of on paper. 

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Posted in Business Advisory

Three Key Considerations for Nonprofits in 2023

Posted by Lesley L. Price, CPA on Mar 09, 2023

Last year presented nonprofits with many challenges that will persist into 2023. Ongoing economic volatility, inflation-driven increases in operating costs, and intense competition for talent are among key issues that continue to threaten organizations’ operational and financial wellbeing. 

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Posted in Business Advisory

Three Key Supply Chain Management Questions for 2023

Posted by Nick Wheeler, CPA on Mar 03, 2023

Manufacturers will continue to face supply chain headwinds in 2023, a cause for concern following a turbulent few years. Economic uncertainty, supply shortages, rising costs, and frustrated customers threaten to impede growth.

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Posted in Business Advisory

Cost Optimization Strategies for Resilient Growth

Posted by Michael D. Machen, CPA, CVA on Feb 22, 2023

The overall economic outlook is uncertain, costs continue to rise and supply chain disruption persists. How can businesses enable new growth and find competitive advantage?

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Posted in Business Advisory

Key Tax Issues in M&A Transactions

Posted by Marty Williams, CPA on Feb 15, 2023

Merger and acquisition activity dropped dramatically last year due to rising interest rates and a slowing economy. The total value of M&A transactions in North America in 2022 was down 41.4% from 2021, according to S&P Global Market Intelligence.

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Posted in Business Advisory

5 Benefits of Outsourcing Your Accounting Needs

Posted by Jessica L. Pagan, CPA on Jan 18, 2023

CPA firms do more than audits and tax returns. They can also help you with everyday accounting-related tasks, such as bookkeeping, budgeting, payroll, and sales tax filings. Should your organization outsource its accounting needs? Here are five potential advantages to consider when evaluating this decision.

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Posted in Business Advisory

New Law Ushers in Major Retirement Changes

Posted by Marty Williams, CPA on Jan 12, 2023

There's been buzz about new retirement plan provisions for weeks, and now they're final, bringing about changes to various federal rules and adding flexibility for current and future retirees. The Secure 2.0 Act of 2022, part of the Consolidated Appropriations Act of 2023, includes the following modifications, some of which are immediate and others that will take effect in the future.

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Posted in Business Advisory

Real Estate and Construction Industries' Growing Cybersecurity Threat

Posted by Jessica L. Pagan, CPA on Dec 14, 2022

In the last few years, real estate and construction leaders have made great strides to implement new technologies into their regular practices. While these advances have uncovered additional efficiencies, their adoption has created a critical vulnerability: data security.

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Posted in Business Advisory

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