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So far CRI has created 408 blog entries.

New to Federal Contracting? Read on Before Hanging Your Shingle

A business does not have to produce aircraft carriers to work with the federal government. Firms specializing in information technology, systems engineering, and testing and evaluation are good examples of businesses that are involved in federal contracting (without making aircraft carriers). Government contractors must follow complex rules and regulations to comply with awarded federal contracts, [...]


Unintended Tax Reform Consequences: Impact to GAAP Financial Statements

The GOP Tax Reform was signed into law on December 22, 2017. Many companies are scouring how those new tax law changes will impact their corporate tax returns. However, companies should also consider how these tax law changes may also impact their GAAP financial statements. Since the Tax Reform was signed into law in 2017, [...]


4 Debt Management Magic Tricks for Financial Success

Debt is a reality for many Americans. Consider the following statistics from consumer information provider ValuePenguin: The average amount of credit card debt in America is $5,700. More than one-third of all American households have credit card debt. The total outstanding U.S. consumer debt is $3.9 trillion. Many individuals find themselves underestimating or ignoring their [...]


International Tax Disclosures: Where is the FBAR Set?

Additional Content in Series Back To The Basics Understanding the International Tax Language Why FATCA Isn't Just for Jet-Setters In today’s increasingly globalized economy, many people are surprised to find that they have a U.S. disclosure requirement on their foreign holdings. One such disclosure is the Financial [...]

November 26th, 2017|INTERNATIONAL TAX|

Will Your Cost Segregation Methodology Hold Water With the IRS?

Many business owners already know that cost segregation is a strategic tax analysis that reclassifies property costs to shorter depreciable periods, potentially yielding substantial tax benefits. They may also know that those depreciation adjustments could open them up to IRS scrutiny and, in turn, lead to a torrent of back taxes and penalties. What they [...]

November 26th, 2017|TAX SPECIALTY SERVICES|

International Tax Disclosures: Why FATCA Isn’t Just for Jet-Setters

Additional Content in Series Back to The Basics Understanding the International Tax Language Where is the FBAR Set? In the first article in our international tax series, we discussed how the Panama Papers have reignited the secrecy versus disclosure debate of foreign affairs. While the Panama Papers [...]

November 21st, 2017|INTERNATIONAL TAX|

How IT Can Lay the Foundation for Transitioning to the New Revenue Recognition Standard

The way a company earns revenue is foundational to its financial success. Therefore, the new accounting guidance for recognizing revenue from contracts with customers is expected to affect all areas of operations and bring sweeping changes to enterprise-wide systems and processes. As the effective date for the new revenue recognition standard draws near, companies should [...]

November 19th, 2017|REVENUE RECOGNITION|

Tax Strategies for Structuring Your Business Sale: Capital Gains Versus Income Tax

Understanding the differences between capital tax rates and ordinary tax rates is important for business owners who want to maximize returns from selling their companies. Watch as Ann Marie Sale explains why capital tax rates are often advantageous and how sellers can structure a transaction to potentially optimize capital gains.

November 19th, 2017|BUSINESS TAX, VIDEO|

The Premiere of Tax Reform is Coming…Maybe

Candidate Trump promised monumental and comprehensive tax reform when he was running for President. With a Republican-controlled Congress and a Republican in the White House, one would presume that President Trump might now be able to deliver on that promise. However, the experience of dealing with ACA “repeal and replace” has many experts more cautious [...]

November 7th, 2017|NOVEMBER 2017|

No Cookie Cutter Business Here: 4 Must-Have Ingredients for the Auditor Selection Process

When it comes to baking, a chef must ensure that all the ingredients are available and ready to be used. Whether that means buying, borrowing or substituting, a recipe requires that all ingredients are present. Likewise, a company should insist on specific qualities and characteristics from the auditor it chooses to ensure that its accounting [...]


Hurricane-Related Tax Incentives & Employer Tax Credits Available

With autumn colors abounding, temperatures falling, football ongoing, and Halloween ghouls and ghosts now trailing behind us, many people start looking forward to Thanksgiving. Thanksgiving is a time for people to reflect and give thanks for things such as family, friends, health, and shelter. However, this reflection also causes us to pause and realize that [...]


RPC CPA’s + Consultants, LLP Joins Carr, Riggs, and Ingram

ALBUQUERQUE, NM – After 20+ years of service and steady growth, New Mexico’s largest accounting firm, RPC CPAs + Consultants, LLP (RPC) has merged with top 20 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The RPC team joins more than 1,800 CRI professionals currently serving clients across the Southern U.S. RPC has seven [...]

October 25th, 2017|NEWS, PRESS RELEASES|

5 Savvy Black Friday Shopping Tips to Put In Your Bag

Last year’s Black Friday weekend estimated that more than 154 million shoppers spent an average of $290 each — both online and in stores, according to the National Retail Federation. Online sales hit a record high. If you plan to participate during this year’s biggest holiday shopping weekend, then review these five savvy Black Friday shopping [...]

October 25th, 2017|INDIVIDUAL PLANNING, NOVEMBER 2017|

Lost in Translation — Understanding Terms Found in Common Business Interruption Policies

Hurricanes and other disasters – floods, earthquakes, tornadoes, and even cyberattacks or power outages – can cause devastation to businesses and disrupt their operations. Business owners who have had to close shop due to an unexpected disaster should review their commercial insurance policies to determine if they have a business interruption rider. While reviewing an [...]


Why Donating to Disaster Relief Can Have Optimal Tax Benefits

If you were fortunate enough to have not been impacted by hurricanes, tornadoes, wildfires, or other natural disasters this year, then why not consider making a charitable donation to the victims? There are several “smart” ways to make a contribution that will help provide disaster relief and also get you tax deductions and other rewards for your [...]


Corpus Christi’s FVBK Joins CRI

CORPUS CHRISTI, TX  – After 45+ years of service operating as Flusche, Van Beveren, Kilgore, PC (FVBK), the firm has merged with top 20 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The FVBK team joins CRI’s existing Corpus Christi office and the firm’s more than 1,800 CRI professionals currently serving clients across the [...]

October 2nd, 2017|NEWS, PRESS RELEASES|

Business Interruption Claims Can Help Businesses “Resume Flight” Following Unexpected Disaster Delays

If you’re traveling somewhere by airplane, perhaps one of the worst things that can happen to you at the airport is missing your scheduled flight. Your two big questions are probably: When can I get on the next flight and resume my journey? and, How much money is missing that flight and getting on a [...]


Disaster Victim? Having the Right Insurance “Security Blanket” Can Be Key to Financial Recovery

When a disaster of any kind damages a home or a business, the owners’ first reaction may be to reach for something that makes them feel protected — much like the feeling of burrowing under a comfortable blanket. Below are “financial protection blankets” that individuals, businesses, or both can purchase to protect themselves from property [...]


The Final Dance — Closing a Nonprofit Organization

Dissolving an organization can be difficult and emotional. Whether it is for involuntary or voluntary reasons, there are certain key items and considerations that should occur in that final dance before the music stops and the organization calls it a night. Follow the 5-Step Dance Combination for Dissolving a Nonprofit There are generally five key [...]

September 29th, 2017|NOT-FOR-PROFITS|

Don’t Let These 7 Tax Terms Scare You

It can be startling to see terms that you do not recognize, particularly terms applying to taxes. Take a few minutes to familiarize yourself with these common tax terms so that they don’t spook you! 1. AGI Adjusted gross income (AGI) is the number you add to that very last box on Page 1 of your [...]

September 26th, 2017|INDIVIDUAL TAX, OCTOBER 2017|