Don’t Blame Me, I Paid My Use Tax

I hate to beat the dead horse, but it is college football season in Columbus. [...]

Posted in Audit & Tax Talk | Tagged , | 2 Comments

Riders Unite!

This past Saturday was my first Pelotonia experience.  Originally planning to show up on a 15 year-old Huffy, I clearly had no idea what I was getting myself into.  I think it is safe to say I was a little [...]

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In Case You Didn’t Know…I Love Shoes

I love shoes. I really do.  I am quite famous for my fabulous shoes around the office.  I also love talking about economic damages (yes, I realize that’s a little geeky). BUT a new case that’s brewing between Christian Louboutin and [...]

Posted in Case In Point | 1 Comment

Are accountants really organized?

One of the biggest stereotypes I consistently hear attributed to those in the accounting profession is an almost obsessive sense of organization.  In fact, a common adjective that can be heard when describing those with the most potent sense would [...]

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Lane on…The Situation

GBQ Redbank Advisors are announced that they are willing to pay up to $50 to have The Situation wear its branded underwear in an episode of Jersey Shore in which he would bear his abs and expose the waist band [...]

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Is IC-DISC for you?

Are a U.S. taxpayer that exports goods and certain services to locations outside the United States? If so, you should consider setting up an Interest Charge Domestic International Sales Corporation (IC-DISC). What is the Benefit? A permanent tax savings (up [...]

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A case of the “I told you so’s” (you were right Mom!)

In June, I attended NACVA’s National Conference, where on Saturday, NACVA ran its Litigation Bootcamp for Financial Experts program which culminates in a live Jury Trial. The participants are afforded the opportunity to watch both the expert testimony and then [...]

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Lane on…Momentum

Carpe momentum, or perhaps more appropriately, creare momentum.  The word momentum comes directly to us from the Latin meaning movement or moving power.  So carpe momentum means seize the momentum and creare momentum means create the momentum.  I discussed the [...]

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Success-Based Fees – IRS Allows for Safe Harbor Election

For taxpayers involved in a business acquisition or reorganization in tax years ending after April 8, 2011, IRS has issued, in early April, guidance allowing for safe harbor treatment for success-based fees.  Taxpayers who make the safe harbor election should [...]

Posted in Audit & Tax Talk | 3 Comments

Why the Recent Budget/Deficit Talks and U.S. Downgrade are a Good Thing

A couple weeks ago, I blogged about the ongoing debates in Washington over the deficit and budget. I had hoped that our representatives in Washington would put politics aside and make the right decisions. Like many of you, I have [...]

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