Planning as a Result of Tax Reform: R&E Tax Credits

Taxpayers taking the Research and Experimentation (R&E) Tax Credit in 2018 have planning opportunities to increase their R&E credit as a result of The Tax Cuts and Jobs Act (the Act) due to changes that impact the computation of the IRC Section 41 credit. Company’s eligible to take the Research

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Tax Strategies for Manufacturers and Distributors

On February 13, 2018, Highlights of the tax reform were presented by members of the Barnes Dennig Tax team to local manufacturing and distribution business leaders. With over 1,000 pages of tax reform issued to date and additional guidance continuing to be released, it is an exciting time in the

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SOC Reports for Start-ups Concerned With Privacy and Security

What is a SOC Report? Originally called Service Organization Controls reports, and now called System and Organization Controls reports, SOC reports are tests of controls provided by data security experts working at CPA firms.  They fill a need whenever a company is holding third-party data as a verified Seal of

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Vendor Pre-Qualification: What we Learned From Our Own Process

While considering the steps necessary to complete the vendor prequalification process, it is important for your organization to come prepared with the right information. At Barnes Dennig, we help companies gain credibility with their vendors every day by generating CPA-provided SOC reports.  However, the tables were turned when we found

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