At Machen McChesney we are committed to Returning Value to you through our monthly e-newsletter, The Value Report.

Here you'll find regular tips to help with your business and personal finances, as well as strategies to grow and more efficiently run your organization.  

Table of Content

1. Understanding How Taxes Factor into an M&A Transaction
2. Simplifying the Accounting Rules for Convertible Debt and Equity
3. Now or Later? When to Report Subsequent Events.
4. Divorcing Business Owners Need to Pay Attention to Tax Implications
5. Auditing Accounting Estimates and the Use of Specialists
6. Deducting Business Meal Expenses Under Today's Tax Rules
7. How Entrepreneurs Must Treat Expenses on Their Tax Returns
8. Can I Add Personal Days to a Business Trip and Deduct My Travel Expenses?
9. What's New at Machen McChesney

Understanding How Taxes Factor into an M&A Transaction

Merger and acquisition activity has been brisk in recent years. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will be taxed under current law. Continue reading. 

Simplifying the Accounting Rules for Convertible Debt and EquityDistinguishing between liabilities and equity on a company’s balance sheet may seem straightforward. But difficulties arise when it comes to the terms of complex securities and financial contracts like redeemable equity instruments, equity-linked or indexed instruments, and convertible instruments. Continue reading.

Now or Later? When to Report Subsequent Events.

Auditing Accounting Estimates and the Use of Specialists

The Public Company Accounting Oversight Board (PCAOB) recently voted to finalize two related standards aimed at improving audits of accounting estimates and the work of specialists. Though the new, more consistent guidance would apply specifically to public companies, the effects would likely filter down to audits of private entities that use accounting estimates or rely on the work of specialists. Continue reading. 

Deducting Business Meal Expenses Under Today's Tax RulesIn the course of operating your business, you probably spend time and money “wining and dining” current or potential customers, vendors, and employees. What can you deduct on your tax return for these expenses? The rules changed under the Tax Cuts and Jobs Act (TCJA), but you can still claim some valuable write-offs. Continue reading.  

How Entrepreneurs Must Treat Expenses on Their Tax Returns

Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for rent, utilities, marketing and more. Continue reading.

Can I Add Personal Days to a Business Trip and Deduct My Travel Expenses?

Tacking vacation days onto a deductible business trip. Continue reading. 

What's New at Machen McChesney?

Sponsorships, new hires, announcements
Continue reading. 

We hope you found value in The Value Report you've received this month. We look forward to finding even more ways to Return Value to you in the future.