Articles & Videos

Community Bank Vendor Risk: Don’t Roll the Dice

April 15th, 2016|FINANCIAL INSTITUTIONS, GOVERNANCE & RISK ASSESSMENTS|

While what happens in Vegas may sometimes stay in Vegas, when a community bank experiences customer data breaches that typically makes the news. So what steps should a financial institution take to ensure it meets the requirements of the Gramm-Leach-Bliley Act (GLBA)? From loan reviews to service organization controls (SOC) reports, community banks often choose [...]

How CMS’ New Arrival Will Affect Medicare DSH

August 26th, 2016|HEALTHCARE|

The Centers for Medicare & Medicaid Services (CMS) recently published their 2,434-page fiscal year 2017 Hospital Inpatient Prospective Payment System (IPPS) Final Rule. The hospital community eagerly anticipated this new arrival, especially its expected changes to Medicare disproportionate share hospital (DSH) payments. To illustrate the potential impact of the 2017 IPPS rule, we’ve highlighted three [...]

CRI Achieves HITRUST CSF Assessor Designation for Healthcare Organizations

August 19th, 2016|NEWS, PRESS RELEASES|

ENTERPRISE, AL – Carr, Riggs & Ingram, LLC (CRI), ranked as the 21st largest accounting firm nationally, today announced that it has been designated as a HITRUST CSF Assessor by the Health Information Trust Alliance (HITRUST). With this achievement, CRI is now approved to provide services using the HITRUST CSF, a comprehensive security framework that [...]

Affordable Care Act: Employee Notice Program

August 19th, 2016|AFFORDABLE CARE ACT (ACA) COMPLIANCE, HEALTHCARE, VIDEO|

Watch as Martin Copeland outlines the Affordable Care Act's (ACA) Employee Notice Program and explains how this program impacts healthcare coverage in the workplace.

The Flurries of FLSA Changes Coming This Winter

August 15th, 2016|AGRIBUSINESS, BENEFIT PLAN NEWS FLASH, COMMUNITY ASSOCIATIONS, CONSTRUCTION, CONSUMER PRODUCTS, EMPLOYEE BENEFIT PLANS, FINANCIAL INSTITUTIONS, GOVERNMENT, GOVERNMENT CONTRACTING, HEALTHCARE, HOSPITALITY, INSURANCE, MANUFACTURING & DISTRIBUTION, NOT-FOR-PROFITS, OIL & GAS|

December 1, 2016, may or may not bring snow to many parts of the country. However, it will bring the Fair Labor Standards Act (FLSA) final overtime rule. The dramatic changes included in the FLSA final overtime rule could have significant implications for retirement plans. Specifically, the changes affect what forms of compensation employers use to [...]

Transfer Pricing and Not-For-Profits: An Unlikely Match?

August 9th, 2016|INTERNATIONAL TAX, NOT-FOR-PROFITS|

With transfer pricing, the IRS wields the power to adjust a company’s income if the agency believes the revenue may be inflated from tax evasion. Although transfer pricing is usually associated with international tax, there is also an interesting relationship between transfer pricing and not-for-profits. Pairing Not-for-Profits with Taxes A not-for-profit may owe taxes if [...]

4 Meditation Apps for Smooth Sailing

August 9th, 2016|CRINTEL, NEWSLETTERS, SEPTEMBER 2016|

Meditation is an excellent way to regain clarity and awareness of the world around us—which can ultimately improve our efficiencies and help us make better decisions. However, it can be difficult to relax in the midst of our on-the-go lifestyles. Thankfully, mobile devices can efficiently walk us down the path to daily meditation. We’ve highlighted [...]

Why Your Tax Vote Counts This Presidential Election

August 8th, 2016|AGRIBUSINESS, BUSINESS TAX, COMMUNITY ASSOCIATIONS, CONSTRUCTION, CONSUMER PRODUCTS, FINANCIAL INSTITUTIONS, GOVERNMENT, GOVERNMENT CONTRACTING, HEALTHCARE, HOSPITALITY, INDIVIDUAL TAX, INSURANCE, MANUFACTURING & DISTRIBUTION, NEWSLETTERS, NOT-FOR-PROFITS, OIL & GAS, SEPTEMBER 2016|

The President of the United States leads our country on many fronts – international trade, immigration, and education to name a few. The President also dramatically influences the economy, especially through tax law. Those influences can have a major impact on us and on future generations. One example of the ability of a president to [...]

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

August 8th, 2016|AGRIBUSINESS, BUSINESS CONSULTING, BUSINESS TAX, CLIENT ACCOUNTING SERVICES, COMMUNITY ASSOCIATIONS, CONSTRUCTION, CONSUMER PRODUCTS, FINANCIAL INSTITUTIONS, GOVERNMENT, GOVERNMENT CONTRACTING, HEALTHCARE, HOSPITALITY, INSURANCE, MANUFACTURING & DISTRIBUTION, NEWSLETTERS, NOT-FOR-PROFITS, OIL & GAS, SEPTEMBER 2016|

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 [...]

Does Your Company Need a Rallying Cry?

August 3rd, 2016|AGRIBUSINESS, BUSINESS CONSULTING, BUSINESS SUPPORT, COMMUNITY ASSOCIATIONS, CONSTRUCTION, CONSUMER PRODUCTS, FINANCIAL INSTITUTIONS, GOVERNMENT, GOVERNMENT CONTRACTING, HEALTHCARE, HOSPITALITY, INSURANCE, MANUFACTURING & DISTRIBUTION, NEWSLETTERS, NOT-FOR-PROFITS, OIL & GAS, SEPTEMBER 2016|

Walk into the offices of any Fortune 500 company, and you may see a mission statement — words that define the company’s vision, values, and purpose – prominently displayed. It may be in the lobby. It may be in the boardroom. But you more than likely will find one. Nike’s mission is to “bring inspiration [...]

How the EB-5 Visa Program “Powers Up” Business Projects

July 28th, 2016|INTERNATIONAL TAX|

The EB-5 Visa Program allows foreigners who invest money in the U.S. to receive a green card if they meet certain criteria. Administered by U.S. Citizenship and Immigration Services (USCIS), this program also allows the investor’s spouse and unmarried children under 21 to receive a green card. The EB-5 Visa creates economic outlets not only [...]

Busting 3 Common Individual Tax Return Myths

July 19th, 2016|AUGUST 2016|

Nobody wants to be the target of an IRS audit. Fear of an audit leads taxpayers to believe in myths about what may or may not trigger the wrath of the IRS. Unfortunately, these misconceptions could potentially steer taxpayers toward greater audit risk and a higher tax bill. Below are three widespread individual tax return [...]

Conducting a Fitness Assessment of Your Small Business

July 19th, 2016|AGRIBUSINESS, AUGUST 2016, COMMUNITY ASSOCIATIONS, CONSTRUCTION, CONSUMER PRODUCTS, FINANCIAL INSTITUTIONS, GOVERNMENT, GOVERNMENT CONTRACTING, HEALTHCARE, HOSPITALITY, INSURANCE, MANUFACTURING & DISTRIBUTION, NOT-FOR-PROFITS, OIL & GAS, VALUATIONS|

Can you really put a price on the blood, sweat, and tears that went into building your small business? You most likely can. Before you can start your “rest and recovery period” — whether your exit plan is succession to the next generation of family members or sale to the highest bidder — a thorough [...]

Using Internal Controls to Keep a Hit Record of Your Inventory, Part 2

July 19th, 2016|AGRIBUSINESS, AUGUST 2016, COMMUNITY ASSOCIATIONS, CONSTRUCTION, CONSUMER PRODUCTS, FINANCIAL INSTITUTIONS, GOVERNMENT, GOVERNMENT CONTRACTING, HEALTHCARE, HOSPITALITY, INSURANCE, INTERNAL CONTROLS, MANUFACTURING & DISTRIBUTION, OIL & GAS|

The first article in our two-part series about internal inventory controls focused on methods of storing and managing inventory (i.e., the physical quantities). This second article examines best practices related to inventory costing controls (i.e., the price component). It is equally important to track the accumulated costs associated with remastering inventory to a sellable condition [...]

Is The CECL Model in the Cards for Your Community Bank?

July 19th, 2016|AUGUST 2016, FINANCIAL INSTITUTIONS|

The Financial Accounting Standards Board (FASB) released a much-anticipated standard that introduces the current expected credit losses (CECL) methodology. The CECL model requires financial institutions to immediately record the full amount of predicted credit losses in their loan portfolios rather than waiting until the losses are deemed probable (as required by the current incurred loss [...]

Corpus Christi’s Ransleben, Senterfitt, Sedwick & Co. Joins Top CRI

July 18th, 2016|NEWS, PRESS RELEASES|

CORPUS CHRISTI, TX – Local CPA firm Ransleben, Senterfitt, Sedwick & Co. has merged with top 25 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The Corpus Christi office now operates under the CRI name and joins a team of more than 1,300 professionals. For nearly six decades, Ransleben, Senterfitt, Sedwick & Co. [...]

4 Apps to Help Keep Your Brain in Top Shape

July 18th, 2016|AUGUST 2016, CRINTEL|

Like our bodies, our brains need exercise to stay strong and help us deliver on life’s demands. While you can’t lift weights with your brain, you can use technology to improve essential skills such as listening, math, memory, and perception. We’ve reviewed four free* brain training apps to keep you on the journey to mental [...]

Winning a Gold Medal for Alternative Payment Model Participation

July 14th, 2016|HEALTHCARE|

Participating in the Olympic Games can create career-defining moments for elite athletes. Similarly, healthcare providers that participate in alternative (or “value-based”) payment models can yield desirable benefits for themselves and their patients. These models are intended to incentivize a greater continuity and coordination of care between providers, leading to better patient outcomes at lower costs. [...]

What’s In Your Bowl of Alternative Payment Model “Alphabet Soup”?

July 14th, 2016|HEALTHCARE|

In January 2015, the Centers for Medicare & Medicaid Services (CMS) “cooked up” an initiative to quickly move the Medicare payment system away from traditional fee-for-service reimbursements and toward those linked to value and quality – including alternative (or value-based) payment models. Most, if not all, healthcare providers are at least partially affected by these [...]

How Your Hospital Can “Slam Dunk” Upcoming Medicare DSH Changes

July 14th, 2016|HEALTHCARE|

For many “safety net” hospitals and facilities with large amounts of uninsured and Medicaid patient volume, Medicare disproportionate share hospital (DSH) payments have long been a vital and irreplaceable component of their overall reimbursement equation. While the Centers for Medicare & Medicaid Services (CMS) has been on the sideline discussing potential changes to the Medicare [...]

The “Blurred Lines” of ALTA Best Practices Compliance

July 14th, 2016|AGREED UPON PROCEDURES, ALTA BEST PRACTICES COMPLIANCE, FINANCIAL INSTITUTIONS|

For years, lenders have felt pressure from regulatory organizations, such as the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC), to demonstrate that they exercise oversight in how their title agents treat their consumers. Thus, ALTA created a set of best practices that lenders can use as a compliance [...]