What is HECVAT – and how does it matter to your business? If you’re working with higher education, or if the university market is part of your growth strategy, it could matter quite a bit. Here’s what you need to know: What is HECVAT? HECVAT started as the Higher Education
Ohio, also known as the Buckeye State, is home to thousands of businesses and organizations. The combination of attractive business and financing incentives combined with a low unemployment rate (5.6%) and large workforce (7.1M), make it an attractive location. In fact, there are over 301,063 state businesses with an employment
The IRS issued final regulation on bonus depreciation under IRC Sec. 168(k) on September 16, 2019. This was a follow up to their previously issued proposed regulation released in August 2018. The final regulation clarified that qualified improvement property placed in service after 2017 is no longer eligible for bonus
Your Acceleration Ally: Support for Private Equity-Owned Organizations At Barnes Dennig, we understand the unique needs of private equity-owned businesses. Our specialized service is designed to support these dynamic and fast-paced organizations through every stage of their increasingly rapid growth cycle. Focusing on quality, price, and exceptional client service, we
On June 5th, 2019, for the 18th Annual Non-Profit Leadership Summit, Barnes Dennig welcomed Justin Maust to discuss the top practices required to be a great leader. Maust is a certified speaker, trainer and coach for the John Maxwell Team and travels throughout the Midwest helping leadership
Going Global? Find the Right Entity Structure It’s easier than ever to do business anywhere in the world. Naturally, more and more US-based companies are looking to do just that – be it by taking their own products to a foreign market or through a foreign acquisition. One of the
Indiana businesses can benefit substantially from investment and job creation through the many tax credits and incentives the State of Indiana offers. One of the more significant ones is the Hoosier Business Investment (HBI) Tax Credit – a non-refundable corporate income tax credit calculated as a percentage of the qualified
Eliminating Double Taxation on Foreign Earnings If you’re doing business globally, you may be getting double-taxed. The U.S. government wants to tax income no matter where it’s earned. Foreign governments likely want to tax you on any dollar you earned inside their borders. Isn’t there a way to avoid this
You’re most likely familiar with strategic tax planning – a powerful financial management tool that both businesses and individuals rely on to optimize their tax position. But to be truly effective, strategic tax planning must also include a detailed look at financial planning and investment management – which requires ongoing
Research & Experimentation Tax Credit Is your company continually finding ways to improve its business processes? Have you made a product or service better, faster, or more cost-effective? If you think, “Oh, that’s just part of the job,” think again. The U.S. tax code offers an incentive for companies that