On Wednesday, February 5, Barnes Dennig (BD) and Buechner Haffer Myers & Koenig (BHMK) hosted a panel discussion on Opportunity Zones. In an intimate, small group setting, our attendees were able to hear useful information, personal stories and some nationally recognized news from our panelists, which included: Brian Redden (BHMK)
As 2023 draws to a close and 2024 looms large, now is a great time for strategic tax planning. This tax planning guide is designed to help individuals and businesses efficiently plan taxes, minimize tax liability, and avoid penalties and audits. First, some important questions to consider Have you been
https://www.youtube.com/watch?v=nFSn61aJc0U Can’t watch the video? Download a copy of the transcript here. The challenges brought on by the COVID-19 Pandemic in 2020 have been significant for all of us on both a personal and professional level. If you’re a business owner, or in charge of information technology for your company,
Paycheck Protection Program Flexibility Act of 2020: Correction to Some of the Restrictions to PPP Relief The House is reported to vote next week on the bipartisan “Paycheck Protection Program Flexibility Act of 2020” to correct some of the flaws in the original Paycheck Protection Program (PPP). Many small businesses
Technology is constantly evolving, and as a business, you must be ready to adapt to stay ahead of your competitors. In recent years, the Wholesale and Distribution industries have benefited greatly from the development of special technology that can increase productivity and customer experience. Many distributors see the opportunity to
With the passage of the One Big Beautiful Bill Act (OBBBA), many taxpayers—especially those in hospitality, healthcare, manufacturing, and construction—are asking: How does this impact tips and overtime pay? The short answer: OBBBA introduces two major “above-the-line” deductions, one for qualified tips and one for qualified overtime
“Helping our clients develop sound financial plans that enable them to grow and prosper is an important part of the work we do at Barnes Dennig. We’re committed to offering proactive, strategic advice that contributes to our clients’ success and makes their lives easier.” Jay’s clients rely on his strategic
Signed May 1, 2019, Indiana Senate Bill 563, adopts market-based sourcing rules and also makes certain other changes to Indiana’s apportionment provisions, effective retroactively for tax years beginning after December 31, 2018. Physical presence is not required to establish nexus for Indiana corporate income tax purposes (effective January 1, 2019).
Leading consulting and investment banking firm for contractors, FMI, has released their second quarter of 2023 edition of the North American Engineering and Construction Outlook. The thirty-page report is available in full at FMI’s website, but some key takeaways from the report include: Engineering and construction total spending is forecast
The passing of the “One Big Beautiful Bill Act” (OBBBA) will have a significant impact on individuals, with some of the most important changes affecting itemized deductions. As tax policy continues to evolve, understanding the ripple effects on individual and business planning is critical. The provisions below reflect some of
Securing a federal contract can create important opportunities for small businesses, providing steady revenue and potential for growth. Before you can pursue this work, your business must meet several key requirements established by the U.S. Small Business Administration (SBA). Understanding these basics will help you prepare and position your company
The Employee Benefits Security Administration (EBSA) issued a disaster relief notice during 2020 that gave relief to plans that had participant payments and withholdings that were not made within prescribed timeframes if those delays were solely attributable to the COVID-19 pandemic. The relief period began on March 1, 2020 and