Category: Interviews
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Using Your Financial Statements to Improve Your Tax Planning and Compliance Strategies
November 30th, 2021
Your financial statements are filled with information that can significantly assist in your tax planning and tax compliance. “The financial statements are basically your balance sheet, income statement, statement of cash flows (SCF), and the statement of changes in equity and the related footnote disclosures. These are tremendous sources of information for tax planning,” says […]
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What is Your Organization’s IT DNA?
October 28th, 2021
Organizations are continuously evolving social systems that have specific DNA characteristics –similar to us as individuals – that collectively define their culture. A number of cultural attributes are key to defining an organization’s DNA. “These factors can be external, such as industry trends, competitive dynamics, and customer expectations. Or they can be internal, such as […]
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Private Equity Update: Continued Success in the M&A Market
September 28th, 2021
Despite the pandemic, private equity deal volume has remained robust. “We’ve seen a great deal of activity through the first eight months of 2021, and it is anticipated to continue through the rest of the year,” says Rich Snyder, Director, Audit & Accounting at Kreischer Miller. We interviewed Snyder for the September issue of Insights […]
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Kreischer Miller's Construction Industry Group Writes Article for GBCA on Mobile Workforce Guidelines for Contractors
September 13th, 2021
Rachel DeFrain, Michelle Gray, and Tiffany Eichhorn, Senior Accountants in Kreischer Miller's Tax Strategies Group, wrote an article for a recent issue in General Building Contractors Association's (GBCA) Construction Today on mobile workforce guidelines for contractors. Are you wondering if that golf outing or burger and beer are deductible for your construction company? There are […]
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Benefits of Gifting Privately-Held Stock, Especially in an Uncertain Tax Landscape
August 27th, 2021
Privately-held stock is a common asset to use as part of wealth succession as well as gifting and estate planning, and it can have significant tax benefits. “Given the uncertainty of where tax law may reside in the near-term, it is important for owners of privately-held companies to be aware of the available planning opportunities,” […]
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Mario O. Vicari Interviewed for Philadelphia Inquirer Article on Using ESOP Plans as a Transition Strategy
July 29th, 2021
Director Mario O. Vicari was recently interviewed for an article in the Philadelphia Inquirer about the benefits of an Employee Stock Ownership Plan (ESOP) for private companies. Many private company owners are thinking about succession planning. While they may consider selling the business to private equity, a competitor, or other third party, these options may […]
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Time to Brush Up on Tax Planning Fundamentals
July 21st, 2021
With all the media buzz about tax increases in proposed legislation, many are taking a fresh look at their finances to determine ways to minimize their tax liability. “Truthfully though, comprehensive tax planning should be an ongoing, year after year endeavor,” says Susan Stutzman, Director, Tax Strategies at Kreischer Miller. Most tax planning is focused […]
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Brian D. Kitchen Presenting on the Employee Retention Tax Credit
July 1st, 2021
Brian D. Kitchen, Director, Tax Strategies, will be giving a presentation on the Employee Retention Tax Credit (ERTC) for the Pennsylvania NewsMedia Association (PNA). Your company may be eligible for an Employee Retention Tax Credit, allowing for large percentage deductions in qualified wages paid per employee per quarter. If, during the COVID-19 crisis, you chose to […]
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The Board’s Role in a CEO Transition
June 25th, 2021
Time moves in only one direction, so at some point almost every board will be faced with the daunting task of appointing a new CEO. “Given the span of a CEO’s influence, mistakes made during the transition can have a significant impact on the company,” says Chris Meshginpoosh, Managing Director at Kreischer Miller. We interviewed […]
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How Tracking the Right Financial Metrics Can Create Value for Your Company
May 24th, 2021
In order to grow and build a successful business, decision makers must be presented with the right information. “I speak with several business owners, CFOs, and controllers on a regular basis and when the topic of business metrics comes up they aren’t always clear on which direction they should be looking,” says Thomas C. Yankanich, […]