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Transaction Accounting

Transaction accounting involves recording, summarizing, and reporting financial information. It also involves keeping a detailed record of every transaction as it occurs so you can present a clear picture to measure progress and performance. Maintaining such records accurately is critical to management’s understanding of the financial performance of the company

The Importance of ADP and ACP Testing Within Your Employee Benefit Plan

Have you ever thought about whether your 401(k) benefits are the same as other employees within your Plan?  Are you getting the same benefits as someone who is more highly compensated?  Luckily for you, Employee Benefit Plans are required to go through compliance testing to ensure that benefits within your

Family Office & Advisory Services

Clarity. Continuity. Confidence. Managing the family portfolio and household operations shouldn’t feel like a second full-time job. At Barnes Dennig, we help families simplify complexity with integrated financial and lifestyle support that flexes as your needs evolve. Our Family Office & Advisory Services team provides right-sized, right-now solutions. We deliver

IRS Suspends Review of New ERTC Claims until December 31, 2023

Due to the increasing flood of ineligible Employee Retention Tax Credit (ERTC) claims, the IRS has announced an immediate moratorium on processing new claims through the end of 2023. According to IR-2023-169, the purpose of the freeze is to allow the IRS more time to audit dubious claims and intensify

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