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title: The Value Report - May 2019
description: Machen McChesney provides regular tips to help with your business and personal finances and strategies to grow your business.
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Machen McChesney returns value to clients through our monthly e-newsletter, The Value Report.

| Not rendering correctly? View this email as a web page here. Hi from all of us at Machen McChesney, 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 Put a QOE Report to Work for You Lean Manufacturers: Reap the Benefits of Lean Accounting Close-up on Professional Standards for CPAs Comparing Internal and External Audits Consider a Roth 401(k) Plan - and Make Sure Employees Use It Personal Property Tax Compliance: Eight Frequently Missed Issues That Can Lead to Overpayments What Are the Tax Breaks with Green Energy? IRS Raises Valuation Limit for Employer-Provided Vehicles What's New at Machen McChesney Put a QOE Report to Work for You An independent quality of earnings (QOE) report can be a valuable tool in mergers and acquisitions. It’s important for both buyers and sellers to look beyond the quantitative information provided by the selling company’s financial statements. Continue reading.  Lean Manufacturers: Reap the Benefits of Lean Accounting Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not right for every situation. Continue reading. Close-up on Professional Standards for CPAs The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA). Part of its mission involves the development and enforcement of a broad range of standards for the profession. Continue reading.   Comparing Internal and External AuditsBusinesses use two types of audits to gauge financial results: internal and external. Here’s a closer look at how they measure up. Continue reading.     Consider a Roth 401(k) Plan - and Make Sure Employees Use ItRoth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s are now available at 70% of employer plans, up from 55.6% of plans in 2016. Continue reading.  Personal Property Tax Compliance: Eight Frequently Missed Issues That Can Lead to OverpaymentsUnderstanding and adhering to the multitude of personal property tax compliance obligations throughout the thousands of jurisdictions that assess personal property taxes can be administratively burdensome. A company’s personal property tax liabilities can be impacted if a company is not equipped to navigate the differing rules and opportunities in the jurisdictions in which its personal property is located. The following summarizes the most often overlooked items that result in overpayments of personal property taxes by any organization. Continue reading.   What Are the Tax Breaks with Green Energy? How to get (tax) credit for your home's green energy upgrades. Continue reading. IRS Raises Valuation Limit for Employer-Provided Vehicles One of the most popular fringe benefits for employees at many organizations isn’t an insurance plan or a health club membership; it’s shiny chrome and steel — a vehicle. Providing a car, van or truck that an employee can use for both work and personal purposes can attract better job candidates or just make sense practically. If your organization offers such a fringe benefit, you should know that the IRS recently updated its valuation limit for employer-provided vehicles. 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.  Please feel free to visit our website or visit our blog at any time during the month to interact with additional valuable resources and helpful information.   If you have any questions on the topics above, please feel free to send us a message.   Thanks, Machen McChesney  Share our insights with your connections:     Auburn-Opelika: 1820 East University Drive \| Auburn AL 36830 Montgomery: 1761 Taliaferro Trail \| Montgomery AL 36117 www.machenmcchesney.com You received this email because you are subscribed to Monthly E-Newsletters from Machen McChesney. Update your email preferences to choose the types of emails you receive.  Unsubscribe from all future emails  |
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