Barnes Dennig would like to congratulate client STOBER Drives on their well-earned recognition. STOBER Drives was recently the focus of IndustryWeek’s Manufacturing Leader of the Week. IndustryWeek’s Manufacturing Leader of the Week highlights manufacturing leaders, executives, and stars who are driving growth in today’s industry and helping to shape the
The IRS has recently released proposed regulations that may significantly change the landscape of the debt vs. equity distinction. The three most troublesome aspects of these rules to taxpayers are that they permit the IRS to – Treat certain related-party debt as part equity and part debt; Re-characterize certain related-party
On April 6, 2016, the Department of Labor introduced a new rule extending and strengthening its existing definition of a fiduciary. Previously, while many financial advisors such as Certified Financial Planners and Registered Investment Advisors were subject to these fiduciary standards, brokers and insurance agents were exempt. Rather, they abided
Over the past several months, the U.S. Department of Labor has been developing new rules that would raise the salary threshold for whether an employee is exempt from overtime pay. On May 18th, the final regulations were released, and they present a dramatic change from the current rules. Millions more
Does your organization provide services that are critical to another organization’s success? Does your organization process or store information for other organizations? If you can answer “yes” to either of these questions, it is more than likely that you need a Service Organization Control report, or SOC for short!
Barnes Dennig recently received a “clean” inspection report from the Public Company Accounting Oversight Board (PCAOB). This means the inspection of the firm’s SEC audit practice did not identify any audit performance issues or quality control defects (“clean report”). Barnes Dennig is the only firm headquartered in the area that