By Eric Flickinger, CPA/ABV Signed into law by President Trump on August 13, 2018, the John S. McCain National Defense Authorization Act includes a section supporting the formation of employee stock ownership plans (ESOP) and cooperatives. The actual section buried in the defense bill can be found here (click here to access the full law). …
By Jason Bogniard, MBA, ASA, CVA, EA If you are in the process of negotiating a divorce or legal separation, time is running out to preserve the tax-favorable treatment of deducting alimony payments from taxable income as the payor. The deduction of alimony will be eliminated if it is paid pursuant to a divorce decree …
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 year of recognizing great places to work for top performing people that drive …
Apple Growth Partners Named Top Workplace 11th Consecutive Year Read More »
By Sheila M. Beck, CPA, MBA; Mark Batey, CPA; Brandon Fredericks, CPA In 2014, the Financial Accounting Standards Board (FASB) rolled out one of the most sweeping and impactful accounting pronouncements in decades with the new revenue recognition standard (i.e., ASC 606). The effective date for most (calendar year) privately-held companies is rapidly approaching – …
The Clock is Ticking on Revenue Recognition – 3 Things to Do Now Read More »
By Taylor Lorenz, MAcc As budgets across federal, state, and local governments continue to be scrutinized, it’s becoming even more critical for these agencies to collect as much revenue as possible to operate efficiently and avoid budgetary issues. State and local tax departments are no exception, as they increasingly are becoming more aggressive to get …
Out of State Sales? Better Know What’s Changing. Read More »
For physicians, providers and their practices, the term “Medicaid fraud” is an ever-changing occurrence that accounts for billions of dollars in fraud annually. According to the Department of Justice, $3.7 billion were recovered from false claims in 2017 (Justice Department, 2017). Per the former Chairman of the House Oversight and Government Reform Committee Darrell Issa, the …
Protect Your Practice from Common Examples of Medicare Fraud Read More »
Mark Lapikas, CPA Once the rush of tax season and the inevitable deadline has passed, you may be considering a change in your business accountant. Your company may ultimately benefit from a partnering with a full-service firm, such as Apple Growth partners, that offers a wide variety of services in addition to business tax preparation. …
Dear John: Breaking Up with a Previous Accounting Firm Read More »
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. In fact, it’s possible that a company can make less money than the …
Webinar: What Drives Share Price in Your ESOP Company? Read More »
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, a record number of employees advanced in their AGP career due to their …
Apple Growth Partners Proudly Announces Advancements and New Hires Read More »
Matthew Silla, ASA, CFA Understanding a business’s value is critical key for several reasons: Helps an owner prepare for a possible sale, merger, or acquisition Provides necessary insight for employee stock ownership plan (ESOP) trustees Benefits attorneys who work on behalf of the owner during a sale, merger, acquisition, or litigation Assists with estate and …
