Accurate preparation of a trust tax return goes well beyond mere numerical calculations and form submissions – a comprehensive grasp of the trust’s framework, operational dynamics, and financial undertakings is imperative. Trust analysis is a cornerstone in this endeavor, ensuring meticulous adherence to tax statutes while optimizing tax efficacy. Let’s
In Fall 2019, Barnes Dennig’s Transaction Advisory Services group presented an expert panel discussion tasked with solving the puzzle of buying, selling and valuing a business. The panel was led by moderator Dino Lucarelli, CPA, director and leader of Barnes Dennig’s Transaction Advisory Services group, who has been leading successful
One wrong classification can lead to costly tax assessments, wage claims, employee benefits issues, and penalties. Before deciding whether a worker is an employee or an independent contractor, it’s important to understand what the law actually requires. The difference between employee and independent contractor status affects payroll taxes, overtime, minimum
Financial due diligence is an essential review of your organization’s financial health. Similar to an audit, financial due diligence includes bringing in an outside firm to get a better understanding of your financial situation and future prospects. It’s also a critical part of any merger or acquisition – as a
Where Public Service Meets Peace of Mind The challenges faced by government agencies and educational institutions require a special kind of expertise—ours. Our specialized educational and governmental services practice is dedicated to providing comprehensive audit and financial services tailored to meet the specific needs of these sectors. With a focus
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 Ohio Department of Job and Family Services (ODJFS) has announced up to $25 million in federal Coronavirus Aid, Relief and Economic Security (CARES) Act grants to non-profit agencies that serve low-income Ohioans and have been adversely impacted by the COVID-19 pandemic. Awards will be provided in a discretionary manner
Looking to move into a new market? Ready to invest in R&D? You’re probably going to need to raise some new capital. But, it takes a lot of time, effort, and creative energy to get the cash you need. Investors, including lenders and equity providers, ask for lots of information
The COVID-19 pandemic brought seemingly endless challenges for virtually everyone – families, individuals, businesses, and non-profit organizations alike. Helping navigate these challenges has been the focus of multiple federal relief packages passed over the past 18 months – and other local government issues (including those involving municipalities) have largely been
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
Despite the many challenges of 2020 and the global pandemic, many of us are fortunate to have remained in good health – but others are not so lucky. Especially as the country faces an aging population, many families must travel to nursing homes or adult care facilities to see loved