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Tax Increases on the Horizon for International Operations

Corporations and businesses with international operations may soon see a bigger tax bill. On March 31, 2021, President Joe Biden unveiled the American Jobs Plan, which focuses on upgrading and repairing physical infrastructure, investing in manufacturing, and expanding long-term healthcare services. And to offset the cost of the American Jobs

Giving Back

Commitment to Community Commitment to community is a defining principle for Barnes Dennig, and we work tirelessly to enhance and enrich the communities where we all live and work.  We recognize much of our success has been supported the strong, vibrant markets that we serve, and feel fortunate to be

The Debate Over Private Equity Inclusion in 401(k) Plans

As President Trump gears up to sign an executive order expected to encourage private-market investments in U.S. retirement plans, the financial community is split on the benefits and risks of including private equity in 401(k) plans. This move could signify a significant shift in the retirement savings landscape, potentially opening

Big Items and Big Risks | The Economic Outlook for the Construction Industry

In its latest economic update, Construction Industry CPAs and Consultants (CICPAC) outlined major factors and risks the construction industry faces. Real GDP, labor costs, and the availability and price of raw materials top the list – but a few others may come as a surprise. We’re hitting the highlights –

Barnes Dennig a Top 50 Construction Accounting Firm

Construction Executive Magazine’s hot-off-the-press list of Top 50 Construction Accounting Firms for 2021 names Barnes Dennig to its exclusive list, reinforcing the firm’s strength in accounting and business consulting for the construction industry. “It’s a tremendous honor to be a part of this prestigious list for the second time,”

New PCI DSS Standard Focuses on Flexibility, Authentication

In the fight against the ever-increasing threat of cybercrime, the payment card industry (PCI) Security Standards Council has issued an updated PCI Data Security Standard (DSS) – version 4.0. The new standard went into effect on March 31, 2024, and compliance is critical for maintaining secure payment environments – and

IC-DISC

Reducing Tax Liability with an IC-DISC You’re exporting your products or services to a foreign country. As a result, you face a tremendous number of tax issues and potential new tax liabilities. Wouldn’t it be nice if you could reduce the taxes you owe? You might be able to save

Pandemic Unemployment Assistance Guidance Released by U.S. Department of Labor

Barnes Dennig is dedicated to helping you identify opportunities, options, and strategies to minimize the impact of the COVID-19 Pandemic. Visit our COVID-19 Advisory Services Page here to learn more. On April 5, 2020, the U.S. Department of Labor (DOL) released guidance to states on the application of the Pandemic

Breaking News | PPP Extension Act of 2021 Passes Senate

The U.S. Senate has passed the PPP Extension Act of 2021, extending the Paycheck Protection Program (PPP) application period through May 31, 2021 – an additional two months beyond what had been the looming March 31 deadline. The bill’s passage gives small businesses a larger window for filing PPP loan

PPP Loan Forgiveness: Change, Change, and More Change!

The first Paycheck Protection Program (PPP) loans were disbursed after April 3, 2020, so thousands of US small businesses are approaching the end of their 8-week covered period for the purpose of PPP loan forgiveness. An extension of time allowing small businesses to spread their PPP loan proceeds beyond 8

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