Accountants + Business Advisors

Firm News & Updates

AGP understands and communicates the impact of regulatory changes, compliance requirements and the evolving tax code in a timely manner, ensuring our clients have the information necessary to make informed decisions. Sign-up below to receive our newsletter and alerts.

6/29

Apple Growth Partners Adds to Cleveland Audit and Assurance Team

CLEVELAND, Ohio – (June 29, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, proudly welcomes Sunny Adams, CPA, to the Beachwood office as a manager in the audit & assurance department. Sunny Adams, CPA Adams joins AGP with...

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6/29

Apple Growth Partners Receives Best Employers Honor for 2nd Consecutive Year

Apple Growth Partners Receives Best Employers Honor for 2nd Consecutive Year AKRON, Ohio – (June 29, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has been named one of the Best Employers in Ohio by Crain’s Cleveland Business...

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6/29

Apple Growth Partners Named Top Workplaces 2020 by The Plain Dealer

CLEVELAND, Ohio – (June 29, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has been awarded a Top Workplaces 2020 honor by The Plain Dealer. The list is based solely on employee feedback gathered through a third-party survey...

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6/25

Medicaid and CHIP Providers May be Eligible for a Portion of the $15 Billion Distribution

June 25, 2020 Sue Peirce, CPA | COVID-19 Response Team The latest from the HHS website for Medicaid and CHIP providers: Medicaid and CHIP Distribution HHS expects to distribute $15 billion to eligible providers that participate in state Medicaid/CHIP programs or Medicaid...

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6/25

IRS Releases Notice Extending Repayment of Already Taken Required Minimum Distributions until Aug. 31, 2020

June 25, 2020 In IRS Notice 2020-51, the IRS announced that anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts can take advantage of the CARES Act RMD waiver for 2020. The 60-day rollover period for any RMDs...

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6/25

Self-Employed Persons - Understanding the Payroll Protection Program (PPP)

June 25, 2020 There are still a number of questions both under the original provisions and under the Flexibility Act but these insights will assist your planning. If you already have your PPP funds, we’ve identified insights for you. If you don’t...

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6/18

SBA Releases Revisions to Interim Final Rule and Revised PPP Forgiveness Application

Released Wednesday, June 17thThursday, June 18, 2020 The Small Business Administration (SBA), in conjunction with the US Treasury, has released revisions to the Interim Final Rule relating to the Paycheck Protection Program (PPP) and released two new PPP Loan Forgiveness applications.Our COVID-19 Response...

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6/16

Paycheck Protection Program – Status of Filing for Forgiveness

June 16, 2020 By Kathy Davis, CPA Our COVID-19 Response Team received additional guidance when the SBA issued the application dated May 20, 2020, and then, finally, H.R. 7010 (extension of time to spend the funds and decrease in payroll costs to...

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6/12

Apple Growth Partners Adds Female Executives to Leadership Team

AKRON, Ohio – (June 12, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has announced two recent appointments to the leadership team. Susan Burnoski, CPA, and Christine Waltjen, CPA, have joined the firm’s Executive Committee. Susan Burnoski, CPA,...

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6/8

Main Street Lending Expands Funding

Monday, June 8, 2020 By Dmitriy Berkovich, CPA | COVID-19 Response Team In response to comments that the Main Street Lending Program was not responsive enough for many small businesses to be able to participate, the Federal Reserve Board has just announced...

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6/4

JUNE UPDATE: Estimated Loan Forgiveness Calculator

Thursday, June 4, 2020 In response to the recently passed Paycheck Protection Flexibility Act (PPFA), our COVID-19 Response Team has updated our frequently requested Forgiveness Calculator. Our new June Update Loan Forgiveness Calculator includes the recent changes from the PPFA, including FTE...

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6/4

Be the Change: AGP's Response to the George Floyd Tragedy

By Chuck Mullen, Chairman I recently saw a meme of Back to the Future fare where Doc told Marty “whatever you do, don’t go to 2020.” Heck, the troubles have come so fast and furious, Doc could just have accurately said “don’t go...

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6/3

The Paycheck Protection Flexibility Act Awaits the President’s Signature

June 3, 2020 By Sue Peirce, CPA, COVID-19 Response Team Leader On June 3, 2020, the Senate, by unanimous consent, cleared the bill the House passed on May 28th to extend the Paycheck Protection Program (PPP). The President is expected to sign...

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6/3

Apple Growth Partners Broadens Canton Office Tax Talent

CANTON, Ohio – (June 3, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, welcomes Anthony (Tony) Peterson, CPA, to the Canton office as a senior tax associate. Tony Peterson, CPA Peterson comes to AGP with an impressive tax...

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5/19

SBA's Newest PPP Interim Final Rule Clarifies Foreign Employees Must be Counted to Determine Size

Tuesday, May 19, 2020 SBA’s newest Interim Final Rule, posted on May 18th, clarifies that borrowers must count all employees, both foreign and domestic, for purposes of the size limitations of the PPP, subject to certain exceptions to affiliation. The IFR follows...

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5/18

Release of SBA Paycheck Protection Program Loan Forgiveness Application

Monday, May 18, 2020 By Kathy Davis, CPA | COVID-19 Response Team On May 15th, the SBA released the application that borrowers must use to determine the amount of the loan that may be “forgiven” by their lender.  There are still unknown...

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5/15

BREAKING: SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

Friday, May 15, 2020By COVID-19 Response TeamThe following was released earlier this evening. We are still analyzing, but here are critical components of the summary of costs eligible for forgiveness:Incurred and paid     Payroll Paid = considered paid on date payroll checks are distributedIncurred...

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5/15

Apple Growth Partners’ Principal Named ystark! Twenty Under 40

CANTON, Ohio – (May 15, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, proudly announces tax principal Mark Lapikas, CPA, CGMA, MTax, MBA, as one of ystark!’s Twenty Under 40 recipients for 2020. Lapikas will be recognized during...

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5/14

BREAKING: SBA Extends Date for Safe Harbor Return of PPP Funds

Thursday, May 14, 2020 By COVID-19 Response Team SBA just added FAQ #4747. Question: An SBA interim final rule posted on May 8, 2020, provided that any borrower who applied for a PPP loan and repays the loan in full by May...

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5/14

IRS Allows Midyear Changes to Health Coverage, Flexible Spending Accounts, and Dependent Care

Thursday, May 14, 2020 By COVID-19 Response Team On May 12, 2020, IRS released Notice 2020-29 announcing that it is permitting increased flexibility for Section 125 cafeteria plan midyear elections for employer-sponsored health coverage, flexible spending accounts (FSAs), and dependent care, along...

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5/14

COVID-19 Allows Tax-Favored Distributions from IRA

Thursday, May 14, 2020 By A’Shira Nelson, CPA | COVID-19 Response Team Individuals affected by the COVID-19 pandemic are now eligible to take tax-favored distributions from their IRA(s). Normally, distributions would be included in the taxpayer’s taxable income, and it may be...

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5/14

SBA Issues Interim Final Rule (IFR) on Loan Increases

Thursday, May 14, 2020 By Sue Peirce, CPA | COVID-19 Response Team On April 24, 2020, SBA posted an Interim Final Rule (IFR) in part stating: “However, if you are a partner in a partnership, you may not submit a separate PPP...

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5/14

Main Street Lending Program Overview

Thursday, May 14, 2020 By Dmitriy Berkovich, CPA As a result of the Coronavirus Aid, Relief & Economic Security (CARES) Act, the Federal Reserve has created the Main Street Lending Program to provide a total of $600 billion in financing for small...

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5/13

BREAKING: SBA Releases Clarification Regarding Certification

BREAKING: SBA Releases Clarification Regarding the Certification Wednesday, May 13, 2020By Sue Peirce, CPA | COVID-19 Response TeamSBA just released FAQ #46, which is the expected guidance regarding the certification. Any borrower, including affiliates, that received PPP loans of less than $2 million...

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5/13

SBA Additional Guidance to be Issued Prior to May 14

SBA Additional Guidance on Certification to be Issued Prior to May 14, 2020 Wednesday, May 13, 2020 By Sue Peirce, CPA | COVID-19 Response Team With May 14th rapidly approaching, we expected SBA to release the additional guidance earlier this week. As...

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5/12

HHS Releases Important Updates to the CARES Act Provider Relief Fund General Distribution FAQs

Tuesday, May 12, 2020 In updates dated May 6, 2020, in the Provider Relief Fund General Distribution FAQs, HHS made important clarifications. Health care clients should read the entire FAQ, as the following are highlights. Who is eligible to receive Provider Relief...

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5/9

SBA Issues New Interim Final Rule

SBA Issues New Interim Final RuleSaturday, May 9, 2020By Sue Peirce, CPA | COVID-19 Response TeamSBA newest Interim Final Rule impacts lender deadlines, but also promises further borrower guidance before May 14th.SBA issued its newest Interim Final Rule (IFR), effective May 8th,...

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5/7

More Additions to SBA's FAQs

Thursday, May 7, 2020By Sue Peirce, CPA | COVID-19 Response TeamAdded May 5, 202044. Question: How do SBA’s affiliation rules at 13 C.F.R. 121.301(f) apply with regard to counting the employees of foreign and U.S. affiliates?Answer: For purposes of the PPP’s 500...

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5/6

SBA's Newest FAQ

SBA's Newest FAQ  Wednesday, May 6, 2020By Sue Peirce, CPA | COVID-19 Response Team SBA’s newest FAQ (May 5, 2020) extends the date for borrowers to review the required certification and make repayment. This is an important decision. Be sure to contact your...

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5/5

UPDATED: PPP Estimated Loan Forgiveness Calculator

Tuesday, May 5, 2020By Sue Peirce, CPA | COVID-19 Response Team Our forgiveness calculator is updated to reflect recent SBA and IRS announcements, as well as your feedback. The summary page now shows the tax impact of having the forgiven expenses be...

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5/1

BREAKING: Critical Update Relating to PPP Forgiveness and Taxable Income

May 1, 2020 Under the Paycheck Protection Program (PPP) provisions of the CARES Act, borrowers that pay certain covered expenses (payroll costs, benefits, rent, interest, and utilities) with PPP funds may have some or all of the loan forgiven. The CARES Act...

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4/30

Recent SBA FAQ’s Raise Questions About PPP Loan Fund Eligibility

Thursday, April 30, 2020 By Dave Gaino, CPA | COVID-19 Response Team Recent headline news and updated FAQ’s from the SBA have brought the definition of the following statement into serious debate: “Current economic uncertainty makes this loan request necessary to support...

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4/24

UPDATE: SBA to Resume PPP Loan Applications Monday

The Latest Update from the SBA Friday, April 24, 2020 Dear Clients, Please review the announcement below published tonight by SBA for the Paycheck Protection Program. Contact your engagement team if you have not yet started your application  AGP's COVID-19 Response Team...

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4/23

BREAKING: Paycheck Protection Program and Health Care Enhancements Act Passed by Congress

Thursday, April 23, 2020 Brewster’s Trillions: Earlier this evening and after much negotiation, Congress passed the Paycheck Protection Program and Health Care Enhancement Act, which the President is expected to sign later tonight. This bill is much simpler than previous COVID -19...

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4/22

FAQs: Allowable Uses and Forgivable Expenses

FAQs - Allowable Uses and Forgivable Expenses April 22, 2020 Our COVID-19 Response Team developed the FAQ list below for the Paycheck Protection Program's (PPP) allowable uses and forgivable expenses, including a grid. DOWNLOAD: FAQs - Allowable Uses and Forgivable ExpensesDOWNLOAD: Comparison Chart...

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4/16

UPDATE: The SBA PPP and Sole Proprietors, Independent Contractors, & Partners

The SBA PPP and Sole Proprietors, Independent Contractors, and Partners:  Guidance is Here Now April 16, 2020 If you’re one of the above, you’re either sweating through getting that critical SBA Loan # (as funds reportedly are drying up), or you have...

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4/15

Are You Managing Cash Strategically through COVID-19? Let's Find Out.

NEW: AGP's Crisis Cash Management ToolWednesday, April 15, 2020 To those affected by COVID-19, The events that have unfolded over the last month continue to resonate and impact us in many ways. Our daily lives have been turned upside down, and normalcy,...

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4/13

Guidance on the $600 Federal Weekly Benefit and Other Unemployment Benefits

Recent COVID-19 Legislation – Guidance on the $600 Federal Weekly Benefit and Other Unemployment Benefits Monday, April 13, 2020 By Sue Peirce, CPA The Act expands eligibility for unemployment benefits by: Expanding the types of workers eligible for unemployment benefits( PUA); including...

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4/9

NEXT STEPS: You've applied for a PPP loan…your next steps are critical & urgent

Thursday, April 9, 2020 Your PPP Loan Has Been Applied For…Your Next Steps Are Critical and Urgent Note: If your business has been deemed as Non-Essential under a Shelter In Place Order, the actions prescribed in this article are especially urgent. AGP has...

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4/3

FRIDAY: What a Week!

Friday, April 3, 2020 To our clients and friends – What a week! We appreciate your patience as we worked through the changing SBA guidance to assist with the Paycheck Protection Program (PPP). While not at such a frantic pace, we will...

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4/3

**URGENT UPDATE** PPP Application Updated Friday Morning

Friday, April 3, 2020 **Note – Guidance given in all COVID-19 government assistance programs was provided with the most current information made available to Apple Growth Partners at the time of response. Clarifications and further guidance is being disseminated from government authorities...

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4/2

JUST RELEASED: Interim Final Rule and Application for PPP

Thursday, April 2, 2020   **Note – Guidance given in all COVID-19 government assistance programs was provided with the most current information made available to Apple Growth Partners at the time of response. Clarifications and further guidance is being disseminated from government...

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4/2

UPDATED: New Calculators for PPP Applications

Thursday, April 2, 2020   **Note – Guidance given in all COVID-19 government assistance programs was provided with the most current information made available to Apple Growth Partners at the time of response. Clarifications and further guidance is being disseminated from government...

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4/1

BREAKING: Terms Changed for PPP Applications

Wednesday, April 1, 2020To our loyal clients, friends, and family: Many of you are busy preparing to apply for the Paycheck Protection Program (PPP). We suggest business owners get ready to apply now, and we're here to help.  Today, the ABA/SBA has released...

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3/31

PREPARE: Sample Application for the Paycheck Protection Program

Tuesday, March 31, 2020To our loyal clients, friends, and family: Many of you are busy preparing to apply for the Paycheck Protection Program (PPP). We suggest business owners get ready to apply now, and we're here to help.  While there is still no guidance as...

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3/29

ACT NOW: Urgent Steps for the Paycheck Protection Program

Sunday, March 29, 2020 To our loyal clients, friends, and family: The passage of the CARES Act and signage into law on Friday brought a reason to momentary celebrate as a nation. One of the most advantageous sections of this act is...

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3/29

CARES Act: We're ready to help your business.

Friday, March 27, 2020  To the business owners, you’ve given and risked all, you’ve created jobs and given people purpose and meaning in their lives. You’ve helped families put kids through college, your innovations have raised everyone’s quality of life. And now,...

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3/27

Ohio and City Tax Deadlines Extended Today (March 27)

Friday, March 27, 2020 Ohio and City Tax Deadlines Extended Today The tax commissioner announced today that Ohio has moved the due date of individual income tax returns, school district income tax returns and pass-through entity tax returns from April 15th to...

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3/27

RESOURCE: DOL Poster for Businesses with <500 Employees by 4/1

Friday, March 27, 2020 The latest update from AGP’s COVID-19 Response Team The Department of Labor (DOL) has issued the required Notice of Employee Rights under the FFCRA. Employers with fewer than 500 employees are required to distribute this notice to all...

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3/26

UPDATES: Developments to the CARES Stimulus Package

Thursday, March 26, 2020 By Robert Jackson, CPA | COVID-19 Response Team We are close to having the stimulus package become law. The Apple Growth Partners’ COVID-19 Response Team is actively monitoring the continuous developments to communicate significant updates for clients. The...

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3/24

Valuation Updates in Light of the Changing Economy

Apple Growth Partners ESOP Team | Davin Gustafson, Matt Silla, Eric Flickinger March 24, 2020 Dear Clients and Friends: We have been closely monitoring the ever-changing situation with COVID-19 and continue to discuss how this will impact our clients. We are also...

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3/22

COVID-19 and Your Business’ Finances: Sunday, March 22 Update

Sunday, March 22, 2020 By Chuck Mullen, Chairman Remember the good old days, like in February, when going to the office was admirable and staying home in sweatpants was just something you didn’t talk about? My, how life has changed in a...

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3/21

COVID-19 and Your Business’ Finances: Saturday, March 21 Update

By Chuck Mullen, Chairman Saturday, March 21, 2020 I’m pretty sure I can’t hear the name “COVID-19” anymore without getting nauseous. We should have a contest to rename it.   This report is Apple Growth Partners’ second business financial COVID-19 update, in an effort...

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3/18

COVID-19 and Your Business’ Finances: The Latest You Need to Know….

Wednesday, March 18, 2020 By Chuck Mullen, Chairman, and Sue Peirce, Principal “It’s all so surreal.” “Two weeks ago seems like a lifetime ago.” “I can’t believe this is happening.” In the midst of this developing crisis, as our clients and friends...

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3/17

UPDATE: Temporary Transition to a Remote Workforce

Tuesday, March 17, 2020 To our clients, business partners, vendors, community members, and raving fans: We’ve been monitoring the ever-changing situation with COVID-19. We have decided to proactively transition to a fully remote workforce effective 8 AM Friday, March 20, through 5...

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3/15

We Are in This Together Business Leaders: Rapidly Strengthen Your Organization for COVID-19 in 11 Steps

“Every adversity carries with it the seed of an equal or greater benefit.” – Napoleon Hill So how was your week? No, that’s not a tone-deaf question on my part, it’s actually my subtle attempt at sarcasm. But here we are, and...

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3/12

COVID-19 Updates - Apple Growth Partners

UPDATE: Tuesday, March 17, 2020 Temporary Transition to a Remote Workforce To our clients, business partners, vendors, community members, and raving fans: We’ve been monitoring the ever-changing situation with COVID-19. We have decided to proactively transition to a fully remote workforce effective...

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1/27

Apple Growth Partners Receives Smart Culture Award

CLEVELAND, Ohio – (January 27, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has been named a 2020 honoree for the Smart Business Smart Culture Awards. In the award’s third year, the Smart Culture Conference & Awards event...

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1/10

Apple Growth Partners Grows Tax Team with Experienced Senior Manager

CLEVELAND, Ohio – (January 13, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, proudly announces the addition of Robert Jackson, CPA, MTax, to the Cleveland office as a senior tax manager. Jackson comes to AGP with a wealth...

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1/6

Apple Growth Partners Expands Cleveland Tax Team

CLEVELAND, Ohio – (January 6, 2020) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, proudly announces the addition of A’Shira Nelson, CPA, to the Cleveland office as a tax manager. A'Shira Nelson, CPA Nelson comes to AGP with a...

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12/9

Apple Growth Partners’ Principal Earns Prestigious Award from NSME Akron/Canton™

AKRON, Ohio – (December 9, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, proudly announces tax principal Mark Lapikas, CPA, CGMA, MTax, MBA, as one of the upcoming National Sales & Marketing Executives (NSME) Akron/Canton™ Achievements in Excellence...

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11/7

Apple Growth Partners' Charitable Giving Fund Awards 10 Grants

For the 11th consecutive year, the Apple Growth Partners' Community Outreach Charitable Giving Fund has been recognizing local non-profits proving financial literacy education programming in Northeastern Ohio through grants. In 2019, AGP is proud to announce a total of $24,000 has been...

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10/21

Apple Growth Partners Announces New Leadership Role for Rapid Growth

AKRON, Ohio – (October 21, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, announced a newly created leadership role in response to the firm’s rapid growth over the past three years. Jeff Stinson, CFA, MBA, will join the...

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10/18

Apple Growth Partners' Matt Silla Presenting for NBI Seminar

Senior manager Matt Silla, ASA, CFA, will be presenting at the National Business Institute Seminar - The Mini MBA for Attorneys. The program will take place on Tuesday, November 12, 2019 from 9:00 AM - 4:30 PM. The seminar will be located...

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10/7

Apple Growth Partners’ Susan Burnoski Named Forty Under 40

CLEVELAND, Ohio – (October 2, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, is proud to announce Susan Burnoski, CPA, has been named one of Crain’s Cleveland Forty Under 40 recipients in 2019. Burnoski is a principal and...

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10/7

Apple Growth Partners Named Weatherhead 100; Launches Campaign for New Decade

AKRON, Ohio – (October 1, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has been named to the Top 100 Weatherhead Fastest Growing Companies in Northeastern Ohio list for 2019. Established by Case Western Reserve Weatherhead School of...

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8/26

Apple Growth Partners Adds Stark Native to Lead Canton Office

CANTON, Ohio – (August 26, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has expanded the Canton leadership team with a new senior tax manager. Leif Erickson, CPA, MTax, joins AGP with an extensive background in public accounting....

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8/19

Apple Growth Partners’ Charitable Giving Fund Announces Request for Proposals

AKRON, OHIO-- (August 19, 2019)—Apple Growth Partners (AGP) Community Outreach Charitable Giving Fund of Akron Community Foundation is now accepting grant proposals for financial literacy education. Established in 2009, the Apple Growth Partners Community Outreach Charitable Giving Fund of Akron Community Foundation...

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7/19

Award-Winning Apple Growth Partners Expands Leadership Team

AGP proudly announces new appointments - Susan Burnoski to principal and the additions to the Executive Committee - Jeff Brooks, Mark Lapikas, Bob Nemeth, and John Valle. AKRON, Ohio – (July 19, 2019) – Apple Growth Partners (AGP), accounting and business advisory...

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7/16

Award-Winning Apple Growth Partners Announces Promotions

AKRON, Ohio – (July 16, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has announced staff promotions effective July 1. Eight employees earned career advancement as a result of their commitment to the firm’s clients. Business Valuation department:...

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6/16

Apple Growth Partners Receives Top Workplace 2019 Award from The Plain Dealer

AKRON, Ohio – (June 16, 2019) – Apple Growth Partners (AGP), accounting and business advisory firm, has been awarded a Top Workplace 2019 honor by The Plain Dealer. The list is solely based on employee feedback gathered through a third-party survey administered...

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3/27

Apple Growth Partners Receives Regional Awards for Female Leaders

AKRON, Ohio – (March 25, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, is proud to announce two employees received honors designated for female professionals. [caption id="attachment_1772" align="alignright" width="125"] Krista Steedly[/caption] Krista Steedly, supervisor in audit and assurance,...

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2/20

Apple Growth Partners Receives Best Employers in Ohio Recognition

AKRON, Ohio – (February 20, 2019) – Apple Growth Partners (AGP), accounting and business advisory firm, was recently named one of the 2019 Best Employers in Ohio. The annual list of the Best Employers in Ohio was created by the Ohio Society...

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1/31

We Can Help our Employees Address their Student Debt Crisis Head On

By Chuck Mullen, CPA, CMA, MTax, CGMA | Chairman A lot has changed. That phrase can be used for a number of things. Take for example how we consume music. No longer do we purchase cassette tapes to play on massive boomboxes,...

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12/5

Apple Growth Partners Completes 75th Anniversary by Reaching $75,000 in Charitable Giving

AKRON, Ohio – (December 1, 2018) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, completed its year-long 75th anniversary celebration by announcing grants to six local non-profits, totaling $75,000 in awarded funds since fund inception. The Apple Growth Partners Community...

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10/30

Apple Growth Partners’ Tax Supervisor Earns Prestigious Award from NSME Akron/Canton™

Akron, Ohio – (November 1, 2018) – Accounting and business advisory firm Apple Growth Partners (AGP) proudly announces Kristy Angerstien, tax supervisor, as one of upcoming National Sales & Marketing Executives (NSME) Akron/Canton™ Achievements in Excellence Award™ recipients.  Angerstien will be recognized...

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10/29

Apple Growth Partners Consolidates Cleveland Workforce

Cleveland, OH -- (November 5, 2018) – Apple Growth Partners (AGP) has been operating two locations in Cleveland since 2004, currently with offices and staff located in Independence and Beachwood. Effective November 5, approximately 35 employees from both offices will be consolidating...

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10/18

Focusing on an Engaged Workforce Starts with You, Our Employees

By Chuck Mullen, CPA, CMA, MTax, CGMA - Chairman The only constant is change. The mark of a progressive culture is a company whereby its leaders are flexible and embracive of fresh ideas and advancements. Remember when companies would require suits, every...

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10/4

#FlyByAGP in Cleveland and Akron-Canton

We're expanding our reach - welcoming travelers to Cleveland Hopkins (CLE) Airport and Akron-Canton (CAK) airport! If you see our larger than life ads, we want to see your pictures! Snap a picture with our ad and post it to your social...

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8/21

Apple Growth Partners Named Top Workplace 11th Consecutive Year

Akron, Ohio -- (August 21, 2018) – Apple Growth Partners (AGP) is proud to be recognized by the ERC as one of Northeast Ohio’s 99 best places to work in 2018 for the 11th consecutive year. NorthCoast 99 is in its 20th...

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8/16

Webinar: What Drives Share Price in Your ESOP Company?

Register today for an upcoming webinar hosted by Eric Flickinger, business valuation manager. Webinar: What Drives Share Price in Your ESOP Company? Generating profits is commonly (and obviously) a strong driver to growing share value, but it's certainly not the only factor....

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8/8

Apple Growth Partners Proudly Announces Advancements and New Hires

Akron, Ohio (August 6, 2018) - For more than 75 years, the dedicated employees of Apple Growth Partners (AGP) have helped countless local businesses in Northeast Ohio grow their value through our accounting, tax, consulting and business valuation services. In July 2018,...

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8/3

Apple Growth Partners Community Outreach Charitable Giving Fund Announces Request for Proposals

NORTHEAST, OHIO-- (August 1, 2018)—Apple Growth Partners (AGP) Community Outreach Charitable Giving Fund of Akron Community Foundation is now accepting grant proposals for financial literacy education. Established in 2009, the Apple Growth Partners Community Outreach Charitable Giving Fund of Akron Community Foundation...

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5/30

Tax Reform Considerations for Manufacturing, Distribution & Innovation Companies

Northeast Ohio has a history of great manufacturing, distribution and innovation-based businesses.  These businesses can often benefit from specific tax incentives on the federal and state level.  Many of these tax incentives have changed over the last few years.  With the Tax...

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5/25

R&D Tax Credit Refresher

The Tax Cuts and Jobs Act (aka “Tax Reform”) is projected to save manufacturers about $261 billion over the next 10 years according to a report from the Penn Wharton Budget Model. More cash in the pockets of owners and operators means...

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5/20

Business Interest Limitation

By Eric Street With the majority of Tax Reform changes becoming effective for the 2018 tax year, this coming summer will prove important for taxpayers looking to stay on top of any planning opportunities that may arise. For some taxpayers, one of...

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3/8

IRS Announces Change to 2018 HSA Family Contribution Limits

"IRS Announces Change to 2018 HSA Family Contribution Limits" by Sue Peirce, CPA, MTax | Principal - Audit & Assurance  Under the new tax law, Tax Cuts & Jobs Act, the annual inflation adjustment factor will be measured by “chained CPI” instead...

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2/22

You Have Always Wanted to Indulge in Your Dream Sports Car: Congress Just Helped You Foot the Bill

"You Have Always Wanted to Indulge in Your Dream Sports Car: Congress Just Helped You Foot the Bill" by Ann Miller, CPA | Manager - Tax   You run your own successful business, but the dream sports car of your youth has always...

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2/14

Meals Deduction and Tax Reform: Under the Radar?

"Meals Deduction and Tax Reform: Under the Radar?" by Toby Kaye, CPA/ABV | Senior Associate - Tax  In our recent article, Entertainment Expenses: How Will Your Business be Impacted?, we explained the changes to the business entertainment deduction under the new tax...

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2/13

Apple Growth Partners: 75 Years of Healthy Growth

In a nation where only a third of small businesses last for at least 10 years, 75 years is an improbability. Apple Growth Partners has turned that improbability into a firm with more than 100 accountants, business advisors, and other experts, as...

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2/7

Payroll Withholding Under Tax Reform, Your FAQs Answered

"Payroll Withholding Under Tax Reform, Your FAQs Answered" by Susan J. Peirce, CPA, MTax | Principal - Audit & Assurance  Employers are being bombarded with payroll withholding questions from employees looking for the widely publicized increase in their take-home pay in 2018...

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1/30

Trade-in of Used Assets Just Became More Perilous

"Trade-in of Used Assets Just Became More Perilous" by Shawn Filipowicz, CPA | Manager - Tax  Business owners may be in for a surprise when they encounter the higher tax bill resulting from their traditional trade-in of used vehicles or equipment. Businesses...

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1/29

Accounting Method Changes May Lead to Tax Savings

"Accounting Method Changes May Lead to Tax Savings" by Kathy Davis | Senior Manager - Tax   Tax Reform and Accounting Method Changes May Benefit Businesses with Less Than $25,000,000 in Revenues  The recently enacted Tax Cuts and Jobs Act (TCJA) includes a...

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1/26

Qualified Charitable Distributions - A Tax Planning Advantage Over 70.5

"Qualified Charitable Distributions - A Tax Planning Advantage Over 70 1/2" by Diane Thacker, CPA | Manager - Tax  The “Tax Cuts and Jobs Act” that was passed in late December will impact the tax benefit of charitable donations for certain taxpayers....

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1/19

Entertainment Expenses: How Will Your Business be Impacted?

With entertainment expenses no longer deductible under the Tax Cuts & Jobs Act, the profitability of businesses and organizations in the entertainment industry may be significantly challenged as business owners reevaluate the cost/benefit of entertainment expenses. Under the prior tax law, businesses...

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1/15

Tax Reform - Opportunities Abound

"Tax Reform - Opportunities Abound " by Toby Kaye, CPA/ABV | Senior Associate - Tax   This article explains key tax changes in the recently passed tax bill (“Tax Cuts and Jobs Act”) significantly impacting small business owners. Each section describes the particular...

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1/15

Tax Reform 2018 Old vs. New Laws Comparison Chart

Looking for the latest comparison of old versus new rules according to the 2018 Tax Cuts & Jobs Act A.K.A. tax reform? Our helpful chart give you a quick guide to the latest updates. Please contact your trusted advisor at Apple Growth...

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1/1

Apple Growth Partners Celebrates 75th Anniversary

Northeast Ohio -- (January 1, 2018) -- Seventy-five years ago, the United States began income tax withholding to help fund the war effort and a young man named Jay Heinick saw an opportunity to help people with their taxes. Fast forward 75...

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12/21

Act Fast to Take Advantage of Tax Reform Changes

"Act fast to take advantage of tax reform changes: Planning Ideas to Consider before December 31st" by Toby Kaye, CPA | Senior Associate - Tax   Pay expenses in 2017 that will not be deductible in 2018 College athletic seating rights. For example, payment...

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11/21

Tax Reform Updates Nov. 2017

"Tax Reform Updates Nov. 2017" by Toby Kaye, CPA | Senior Associate - Tax  The tax reform efforts remain in full swing in Congress. Both the House and Senate bills offer substantial changes to current tax law. The proposed bills also diverge in...

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11/7

Apple Growth Partners' Fund Announces Record Number of Grants to Charity

NORTHEAST OHIO-- (November 7, 2017) — The Apple Growth Partners Community Outreach Charitable Giving Fund of Akron Community Foundation announces grants to eight local non-profits for financial literacy education. The fund was created in 2009 by the firm’s shareholders to support the...

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11/2

Gift Tax Limits Update for 2017 and 2018

"Gift Tax Limits Update for 2017 and 2018" by Ann Miller, CPA | Manager - Tax  As we near the close of 2017, now is the time to make any last minute gifts in order to fully use the annual gift tax limits...

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10/17

Tax Credits Available for Efficiently Consuming Energy: A Win-Win

Looking to save money on fuel and electricity bills while productively contributing to a greener economy? You will be pleased to learn that there are generous tax credits available to anyone who is looking to invest in solar energy equipment and/or electric...

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10/17

Provisions in the 2017 Disaster Tax Relief Bill

"Provisions in the 2017 Disaster Tax Relief Bill" by Kathy Davis | Senior Manager - Tax  On September 29th, the President signed into law, a tax bill to provide temporary tax relief to victims of Hurricanes Harvey, Irma and Maria. Individuals may...

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9/20

Tips to Protect your Financial Identity

"Tips to Protect your Financial Identity" by Mark Lapikas, CPA, MTax, MBA | Senior Manager - Tax  With the recent breach of Equifax, an estimated 143 million Americans’ information was compromised. In addition, in 2015 Anthem was breached compromising personal data of...

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8/30

Acquisitions Expand Services and Expertise to Clients

"Acquisitions Expand Services and Expertise to Clients" by Chuck Mullen, CPA, CMA, MTax, CGMA | Chairman  This has proven to be quite a year of expansion for Apple Growth Partners. We have been extremely fortunate this year to have closed on two...

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8/25

Apple Growth Partners Named Top Workplace for 10th Consecutive Year

Apple Growth Partners (AGP) is delighted to be recognized by ERC as one of Northeast Ohio’s 99 best places to work for the 10th consecutive year. NorthCoast 99 recognizes exceptional places to work for top performing people that drive results, provide competitive...

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8/25

Apple Growth Partners Adds Matthew Silla to further grow the Business Valuation Practice

Silla’s addition will enhance capacity to grow AGP’s ESOP Practice and adds expertise in the area of financial reporting valuations. Northeast Ohio (August 25, 2017) Apple Growth Partners (AGP) is pleased to announce the addition of Matthew Silla as Senior Manager of...

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8/1

AGP Fund Announces Request for Proposals

NORTHEAST, OHIO-- (August 1, 2017)—Apple Growth Partners Community Outreach Charitable Giving Fund  (AGP Fund) of Akron Community Foundation is now accepting grant requests for financial literacy education. Established in 2009, the Apple Growth Partners Community Outreach Charitable Giving Fund of Akron Community...

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7/28

Research & Development Tax Credit: Do you Qualify?

"Research & Development Tax Credit: Do you Qualify?" by Mark Lapikas, CPA, MTax, MBA, Senior Manager – Tax Many business owners are unaware of the research and development (R&D) tax credit which is available to companies that invest resources aimed at producing...

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6/6

Apple Growth Partners Announces Second Acquisition in Six Months

Public Accounting Firm takes Healthy Growth Tagline Seriously Northeast Ohio –(June 6, 2017) – Apple Growth Partners (AGP) is pleased to announce its acquisition of Schlabig & Associates, Ltd. (Schlabig) effective July 1, 2017, AGP’s second acquisition in six months. Schlabig, with offices...

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5/2

Lease Accounting–Upcoming Changes to Affect Lessors and Lessees

"Lease Accounting – Upcoming Changes to Affect Lessors and Lessees" by Mark Batey, CPA | Senior Manager - Audit & Assurance The Financial Accounting Standards Board (FASB) after years of deliberation finally issued a new accounting standard just over a year ago...

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5/2

Trump Reveals Outline for 2017 Tax Reform

"Trump Reveals Outline for 2017 Tax Reform" by Paul Martin, CPA, MBA | Principal - Tax President Trump has revealed his proposal for tax reform that is planned to be put in place in 2017. The outline released calls for simplification and...

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2/6

"It's Tax Time" Tax Code Updates

It's Tax Time! Principal Jeff Brooks is a special guest on "The Bullington Capital Report" with Bill Bullington. Watch the show for insight on the latest tax code updates and news. https://youtu.be/H52aZWKN68c

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1/23

New Tax Exemption Available for Property Development

"New Tax Exemption Available for Property Development " by John Valle, CPA, MTax | Senior Manager - Tax On December 8, 2016, the Ohio approved Senate Bill 235 (SB 235) which allows an exemption from property tax for commercial or industrial newly “developable or...

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1/23

Higher Interest Rates Impact on the Real Estate Industry

"Higher Interest Rates Impact on the Real Estate Industry " by Toby Kaye, CPA | Senior Associate - Tax US interest rates have been trending higher over the last year. This trend was intensified by the results of the recent federal election. President...

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1/17

QSEHRA A New Medical Expense Plan

"QSEHRA A New Medical Expense Plan" by Sue Peirce, CPA, MTax | Principal - Audit & Assurance Qualified Small Employers Health Reimbursement Arrangements (QSEHRA) – NEW JANUARY 1, 2017 and understanding that the waiver of the penalty for offering reimbursement of individual health...

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12/22

Tax Due Dates Change - A Logical Decision

"Tax Due Dates Change - A Logical Decision" by Steve Mazza, CPA | Manger - Tax Each and every year a large number of individual income tax returns sit on a CPA’s desk in March 90% finished. Finally, sometime in the first...

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12/19

Apple Growth Partners and KPFF Announce Merger

The two firms combine over a century of experience helping businesses and individuals attain healthy growth. CLEVELAND & AKRON, OHIO-- (Dec. 19, 2016) – Apple Growth Partners (AGP) and KPFF are pleased to announce their merger effective Jan. 1, 2017. Founded by...

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12/12

Year-End Financial Moves – Advice from Wealth Managers

Year-End Financial Moves – Advice from Wealth Managers compiled by David Gaino, CPA, MTax, PFS | Chairman Emeritus/Principal – Tax, Apple Growth Partners As we approach the end of the tax year, it’s always a good idea to review your portfolio for...

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11/17

Trump Tax Policy Summary of Expected Changes

"Trump Tax Policy Summary of Expected Changes" by Taylor Lorenz | Associate - Tax and Amy Smith, CPA | Manager - Tax Now that the election is over and President-Elect Donald Trump is set to take the Oval Office on January 20,...

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10/26

InvestOhio – Plan Today to Save Tomorrow

"InvestOhio – Plan Today to Save Tomorrow" by Taylor Lorenz | Associate - Tax The state of Ohio is offering a generous, non-refundable tax credit for eligible and qualified taxpayers called InvestOhio. Ohio has recognized that investment in small businesses and job...

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10/25

Donating Inventory May Lead to Tax Savings

"Donating Inventory May Lead to Tax Savings" by Mark Lapikas, CPA, MTax | Senior Manager - Tax Does your business have obsolete, unwanted, or an overstock of inventory? If so, you could find tax savings by donating that inventory. The federal tax law...

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9/27

Common Questions About the New Overtime Rules

"Common Questions About the New Overtime Rules" by Susan Peirce, CPA, MTax | Principal – Audit & Assurance Ever since the new overtime/exempt employee regulations were announced in May, many of our clients have been seeking answers on how these changes will...

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8/29

Apple Growth Partners Named Top Workplace

NORTHEAST OHIO -- (August 29, 2016) – Apple Growth Partners (AGP) is proud to be recognized by ERC as one of Northeast Ohio’s 99 best places to work! This is the ninth time that AGP has received the award. In addition, AGP...

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8/25

8 Things About the New Overtime Rules Every Employer Should Know

8 Things About the New Overtime Rules Every Employer Should Know by Sue Peirce, CPA, MTax | Principal - Audit & Assurance  Over the past months, we’ve presented several webinars on the new overtime/exempt employee regulations and have had the privilege of...

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8/19

A Low-Stress Tax Season Begins with Year-End Planning

A Low-Stress Tax Season Begins with Year-End Planning by Eric Street, CPA | Senior Associate - Tax As summer comes to a close and we near the end of another calendar year, it is crucial that you start thinking about the upcoming...

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6/30

InvestOhio Tax Credit – You Might Qualify

By Kathy Davis | Senior Manager - Tax Are you investing in your business to purchase equipment, real estate or intangibles? Perhaps you are expanding your business and hiring new employees. If you’re an eligible small business and have Ohio personal income...

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6/28

Apple Growth Partners Names New Chairman, Sets Bold Goals for Healthy Growth

CLEVELAND & AKRON, OHIO-- (June 29, 2016) – Healthy Growth is Apple Growth Partners' (AGP) tagline and guiding vision, for our clients, and for our firm. Since our founding in 1943, AGP has helped countless clients throughout their business life cycles. From...

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5/31

Plan Sponsor Responsibilities for Cybersecurity and Record Retention

By Krista Steedly | Senior Associate - Audit & Assurance Cybersecurity   Whether you are working with a health plan or a qualified plan, the plan sponsor as the fiduciary must pay attention to cybersecurity matters. With multiple data breaches having occurred...

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5/23

Keeping Up with the FASB

By Susan Burnoski, CPA | Director/Senior Manager - Audit & Assurance The Financial Accounting Standards Board (FASB) has been extremely active in recent months. They have finalized and released the long anticipated updates to the revenue recognition and lease accounting standards. Revenue...

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5/15

The Healthy Bottom Line on Corporate Wellness

By Charles F. Mullen, CPA, CMA, CGMA, M. Tax | Principal - Tax Corporate wellness has become a hot topic in the business world of late. But it’s noteworthy that when one company states that it has a wellness program, the experience...

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4/28

The Value of Finding a Career Champion

By Erin McCafferty | Director of Operations A helping hand can make a big difference in a person’s career. A career champion can be a positive force in a professional’s life, providing guidance that can help them succeed. Finding a good career...

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4/25

Apple Growth Partners Tax Director Receives University of Akron School of Accountancy Honor

CLEVELAND & AKRON, OHIO-- (April 25, 2016)—Apple Growth Partners (AGP) is pleased to announce our very own Chuck Mullen has been named one of the 2016 Outstanding Accounting & Tax Professionals by the University of Akron School of Accountancy! Each recipient of...

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3/30

Why You Should Have The Same Firm Handle Tax, Audit, and Business Valuation Services

By  Jason Bogniard, MBA, ASA, CVA, EA | Principal – Business Valuation It’s good to know what you’re worth, but you need the right people to provide you with an accurate market value. Certified business valuation experts can provide you with a...

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3/21

3 Benefits Apple Growth Partners Brings to your Field Exam

By Randy Misch, CPA | Principal – Audit & Assurance, Managing Director – Cleveland Whether you call it a field examination or a collateral audit, the truth is, no one really wants to do one. But, as a compliance requirement, it’s not...

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3/1

Apple Growth Partners adds New Director

CLEVELAND & AKRON, OHIO-- (March 1, 2016)—Erin McCafferty has joined Apple Growth Partners (AGP) as the new director of operations. McCafferty joins the Firm with more than a decade of experience in office administration gained via employment with a number of local law...

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2/29

How the PATH Act of 2015 Impacts your Business

By Charles F. Mullen, CPA, CMA, CGMA, M. Tax | Principal - Tax   Just before the turn of the new year, Congress passed a sweeping tax law entitled Protecting Americans from Tax Hikes Act of 2015 (PATH Act). The sheer volume...

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2/29

Tax Refund Identity Theft is on the Rise – Easy Tips to Protect Yourself!

By Jim Gornik, CPA, JD | Principal - Tax   Finding out you have been a victim of identity theft can be a stressful event. Tax-related identity theft occurs when someone files a tax return using your Social Security number in an...

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2/26

UPDATE: Department of Labor Clarifies Employee Classification

By Sue Peirce, CPA, MTax | Principal - Audit & Assurance Since the Department of Labor (DOL) issued Administrator’s Interpretation 2015-1 on July 15, 2015, regarding the classification of workers as employees or independent contractors, there have been a plethora of comments...

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2/25

Talent Acquisition: Why People Work for People

By Randy Misch | Principal and Managing Director of Cleveland Talent acquisition is about finding the right people for your company. However, finding talent is about more than just picking out the best resume. An unhappy employee or a bad cultural fit can...

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2/3

Fraud in Divorce - Before, During and After

By Bob Nemeth, CPA/ABV, CVA, CDFA, CFE, Principal – Business Valuation & Tax Earlier blog posts have focused on fraud occurring within a business. But, fraudulent activity is not limited to a business setting. Unfortunately, the ending of a marriage can provide...

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1/27

What is Forensic Accounting and How Do I Know if I Need It?

By Jimmy Fisher, Associate - Audit & Assurance Now that we have learned some of the motivations behind committing fraud, as well as the various different types of fraud and ways to prevent them, let’s look at the area of accounting specifically...

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1/12

Fraud Prevention – Simple Strategies to Safeguard Your Business

By Drew Bolog, Associate - Audit & Assurance Now that we know Why Employees Commit Fraud…and How you Can Stop Them and the Different Types of Internal Business Fraud from prior blog posts, we can now look at how to prevent fraud...

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1/5

How a Congressional Update May Affect Physician Practice Acquisition

By Jason Bogniard, MBA, ASA, CVA, EA, Principal - Business Valuation Hospitals have been on a tear of acquiring physician practices and ambulatory surgery centers over the past several years. Thanks to a recent congressional update in the latest budget agreement, that...

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