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Foreign Bases of Accounting

We’re not your average American accountants. We’re fluent in more than a few global accounting languages. From the full implementation of another foreign accounting basis to reconciling financial statement balances from U.S. GAAP to a foreign one, we’ve done it all. And we can do it for you too. Barnes

2020 Tax Filing Season Opens February 12th

If you’re an early bird who likes to get your tax return filed as soon as possible, you’re going to have to wait a little longer this year: The IRS has announced the U.S. tax filing season will open on Friday, February 12, 2021 – 16 days later than in

How to Fund Long-Term Care with Life Insurance

https://www.youtube.com/watch?v=NQdoYFvty2g Can’t watch the video? Get the transcript.  While you may be concerned about retirement community living and the impact on your finances, the reality is that much more is spent on in-home care. In this short video, Managing Director of Wealth Advisory Services George Sparks outlines how a

Schedules K-2 & K-3 – Relief from Filing for Tax Year 2022

Schedules K-2 and K-3 continue to loom large – and they’re affecting many more organizations than initially anticipated. They’re also continuing to change and adapt since their 2021 inception, and proposed changes may bring relief for some previously affected organizations, at least for the 2022 tax year. The first year

Beyond Hiring: Why Developing Your People Is the Ultimate Competitive Advantage

In our post on strengthening your people strategy through fractional HR, we explored why a strong talent acquisition strategy is essential in a world where global talent shortages are at a 15-year high. Attracting great people is undeniably important, but it’s only the beginning. The organizations that thrive aren’t just

Barnes Dennig Joins the Dayton Development Coalition

Continuing our rapid growth in the Dayton area, Barnes Dennig is excited to announce we’re the newest member of the Dayton Development Coalition – joining dozens of other development-focused companies and organizations focused on growing this dynamic market. The DDC is a non-profit organization dedicated to recruiting, expanding, and retaining

New Donor Relations Strategies for Non-Profits

Like so many aspects of our lives this year, not-for-profit donor relations are changing. Donors have different expectations, and as not-for-profits fight for mindshare and share of wallet, evolving interactions with donors is more critical than ever. On September 9, 2020 donor relations guru Lynne Wester spoke to hundreds of

The Tax Cuts and Jobs Act: Sunsetting or Not?

The Tax Cuts and Jobs Act (TCJA) of 2017 put major tax provisions in play – and as our team of top tax pros outlined in our most recent Signature Tax Event, many of those provisions are set to expire at the end of 2025 – putting a nasty wakeup

PCI Compliance 101 | How to Protect Your Business

Can’t watch the video? Get the transcript. PCI compliance is more than a technical requirement. It’s a critical part of protecting customer payment data, maintaining trust, and reducing organizational risk. In this Ask the Experts discussion, our cybersecurity pros break down what PCI compliance means, why it matters, and the

Is the Shipping Market Finally Stabilizing?

While supply chain disruptions continue to capture headlines around the globe, recent shipping data implies the trucking market may be beginning to stabilize. According to Uber Freight, truckload contract rates are heading towards negative areas compared to last year. In early 2022, spot rates began to swiftly decrease to the

Additional Reporting for Corporate Taxpayers in 2024?

The 2023 tax filing season brought new challenges for corporations navigating additional reporting requirements tied to the Corporate Alternative Minimum Tax (CAMT). In response, the IRS issued guidance to simplify compliance through safe harbor provisions. 2023 tax reporting Once the 2023 tax filing season arrived it was found that certain

Lease Accounting: Considerations for Construction Companies

You’ve been hearing about the new lease accounting standard for quite a while now – and for calendar year-end contractors, it’s about to show the full measure of its impact. The standard, ASC 842, went into effect on January 1, 2022, which will require an entry to move all operating

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