kallen

About Kara Allen

This author has not yet filled in any details.
So far Kara Allen has created 23 blog entries.

Maximize Tax Refund Benefits For Your Small Business

Receiving a tax refund can be exciting for many individuals. For small business owners, a refund can lead to new company investments, significant retirement plan contributions, or both. Watch as Heather Jourdan explains the options that small business owners have for making the best use of their tax refunds.

February 22nd, 2017|BUSINESS TAX, VIDEO|

New and Improved Bonus Depreciation Provisions Now Available for a Limited Time Only

Any fan of late-night infomercials knows that a key part of the marketing pitch is that final offer that pushes the perceived value of the package well past the asking price. Similarly, the extension of bonus depreciation is the literal “bonus” of the Protecting Americans from Tax Hikes (PATH) Act that can deliver impressive value [...]

February 22nd, 2017|TAX SPECIALTY SERVICES|

Proctor, Crook, Crowder, & Fogal Joins Top 25 CPA and Advisory Firm Carr, Riggs & Ingram (CRI)

WEST PALM BEACH, FL – Local CPA firm Proctor, Crook, Crowder, & Fogal is now part of top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). All locations now operate under the CRI name, and the personnel join a team of more than 1,600 professionals serving clients from locations across the Southern United [...]

February 21st, 2017|NEWS, PRESS RELEASES|

James D.A. Holley & Co. Joins CRI

TALLAHASSEE, FL – Local CPA firm James D.A. Holley & Co. has merged with top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). All James D.A. Holley & Co. personnel will now operate under the CRI name, and the team will also relocate to CRI’s new Tallahassee office on Centennial Boulevard in late [...]

February 15th, 2017|NEWS, PRESS RELEASES|

Extra! Extra! Read All About the New 2017 Tax Deadlines

The IRS and Congress made headlines by agreeing to change tax return filing and extension deadlines for the 2017 filing season (i.e., dates for filing 2016 returns). Their goal might be to spread at least some of the busy tax workload over a longer period – and relieve stress from taxpayers, preparers, and the IRS. [...]

February 5th, 2017|BUSINESS TAX, FEBRUARY 2017|

How to Use Real-Time Financial Data to Improve Your Cash Flow Forecast

Real-time weather data has transformed our lives. Long gone (for most of us!) are the days of being caught in a rainstorm without an umbrella or in a bulky sweater on an unseasonably warm day. Similarly, accounting systems that provide an up-to-the-minute look at a company’s condition mean that businesses are better prepared to avert [...]

February 1st, 2017|CLIENT ACCOUNTING SERVICES|

CRI Financial Institutions Partner Doug Mims Relocates to Atlanta Office

ATLANTA, GA – Top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) recently announced the transfer of Doug Mims to the firm’s Atlanta office. Doug will lead the financial institutions practice for the Greater Atlanta area, as well as the state of Georgia. A graduate of Troy University, Doug has more than [...]

January 31st, 2017|NEWS, PRESS RELEASES|

Rio Grande Valley Long Chilton, LLP Joins CRI

BROWNSVILLE, TX – Rio Grande Valley accounting firm Long Chilton, LLP has merged with top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The Long Chilton team – as well as the offices in Brownsville, Harlingen, and McAllen – now operates under the CRI name. Long Chilton is the largest locally owned accounting [...]

January 19th, 2017|NEWS, PRESS RELEASES|

Why Cost-Plus Contracts Can Help Achieve Peak Construction Project Performance

Construction spending has climbed in the last several years since the mountainous declines of the Great Recession from 2008 to 2010. Construction managers and subcontractors, who survived those lean years, now find themselves in a market with abundant work and improving margins. Increasingly, construction projects are being contracted as cost-plus contracts, which include the design/build [...]

December 15th, 2016|AGREED UPON PROCEDURES|

Made in the USA: The Section 199 Deduction

Apple pie and baseball are long-standing symbols of our country’s most favorite pastimes. For some businesses, there is a tax deduction that is also strongly associated with America: the domestic production activities deduction (DPAD). This deduction, also known as the Section 199 deduction for its place in the Tax Code, allows U.S. manufacturers and contractors [...]

CRI Names 15 New Partners

ENTERPRISE, AL – Top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) has named 15 new partners. “CRI’s accelerated expansion has fostered many opportunities for our team’s professional advancement,” stated William H. Carr, managing partner and chairman of CRI. “We are proud to announce these 15 individuals, whose skills enhance our industry specializations [...]

December 13th, 2016|NEWS, PRESS RELEASES|

Understanding the International Tax Language

Around the world of international business, the conversation about the use of shell companies has been ongoing. The perception for business or individuals that create international shell companies is that their purpose is to avoid disclosure and evade taxes. The positives and negatives, legality and ethics, and regulations and secrecy have been argued for years. [...]

December 12th, 2016|FEBRUARY 2017, INTERNATIONAL TAX|

Apples and Oranges: Keeping Personal and Business Finances Separate

Many small business owners tend to think, “I am the business, and the business is me.” Though conceptually this may be true, it is critical to keep the financial fruits of your business separate from your personal endeavors – especially from a legal and accounting standpoint.  Taking the time and effort to maintain autonomy between [...]

December 2nd, 2016|FEBRUARY 2017, INDIVIDUAL PLANNING|

Business Valuation Can Avoid a Merry-Go-Round During Divorce Proceedings

Divorce proceedings are typically difficult enough for all parties involved but imagine also having a privately-held or family-owned business for consideration. Questions quickly abound, including: Is the business a marital asset? Do both spouses have ownership in the business? Will one spouse buy the ownership of the other spouse? How much is the ownership worth? These [...]

November 28th, 2016|DECEMBER 2016, VALUATIONS|

Dallas Based Vogel CPAs Joins CRI

DALLAS, TX – Local CPA firm Vogel CPAs, PC has merged with top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The Dallas office now operates under the CRI name and joins a team of more than 1,400 professionals. For more than 60 years, Vogel CPAs, PC has specialized in audit, accounting, [...]

November 21st, 2016|NEWS, PRESS RELEASES|

The PATH Act: Providing A “Cornucopia” of Tax Savings

It seems like retailers just put up their back-to-school sale displays, which are already being replaced with Thanksgiving decorations. Before planning your Black Friday shopping strategies, consider a gift from Uncle Sam that will likely bear fruit for many tax years to come. The Protecting Americans from Tax Hikes (PATH) Act, which was signed into [...]

October 24th, 2016|INDIVIDUAL TAX, NOVEMBER 2016|

How the Pooling Method Can Help Bring Your Property Value to Greater Safety

Reserves. Those who have ever served on an association board probably know the word. Some of them may even fear the word. For responsible unit owners with sound budgeting practices, reserves can often provide peace of mind that the property will be safely maintained and that the association may be able to avoid special assessments. [...]

October 24th, 2016|COMMUNITY ASSOCIATIONS|

Straddling the Fence: Should You Co-Source or Outsource Your Internal Audit?

Just as a fence is designed to safeguard communities from outsiders, business owners do as much as they can on their own to protect their companies from potential threats or risks. However, there comes a time in the life of any business (particularly, a successful one) in which owners begin to look beyond their “perimeters” [...]

October 20th, 2016|INTERNAL AUDITS, NOVEMBER 2016|

Looking Into the Crystal Ball: What Will the IRS Do with Its ACA Data?

With the passage of the Affordable Care Act (ACA), the amount of health insurance information being reported to the IRS has increased exponentially over the last couple of years. Whether it’s the cost of health insurance being reported on an employee’s W-2 or the existence of coverage on the new Form 1095, the IRS is [...]

October 20th, 2016|AFFORDABLE CARE ACT (ACA) COMPLIANCE, NOVEMBER 2016|

To Deduct or Not to Deduct: That is the Business Tax Question

Shakespeare’s Hamlet  has nothing on Congress. In 1913, the 16th Amendment to the United States Constitution was ratified, ushering in the modern era of individual income taxation.  Long before that, as with Hamlet’s house and Denmark, taxpayers were clashing. It was only natural that tax battles ensued in court as well. Quoted in the opinion [...]

August 8th, 2016|BUSINESS TAX, SEPTEMBER 2016|