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So far CRI has created 512 blog entries.

5 Financial Planning Areas to Address Under New Tax Laws

Level Four Perspective: A Tax Reform look from our wealth management portfolio company in the CRI Family of Companies. Once the new Tax Reform bill appeared to be heading toward passage, the Level Four offices were flooded with calls from clients and their advisers asking for help understanding the impact to their bottom lines. Let’s [...]

2018-11-12T15:43:30+00:00December 28th, 2017|TAX REFORM: INDIVIDUAL TAX|

ACA News: Noncompliant ALEs to Begin Receiving IRS Letters

Ooh... who you gonna call (Ghostbusters) Who you gonna call (Ghostbusters) Ah, I think you better call (Ghostbusters) -Ray Parker, Jr., “Ghostbusters” If There's Something Strange in Your Neighborhood (Such as Your Mailbox), and It Doesn’t Look Good… The IRS is taking steps to enforce the Affordable Care Act’s (ACA’s) employer shared responsibility provision by [...]

2018-11-12T15:43:31+00:00December 26th, 2017|AFFORDABLE CARE ACT (ACA) COMPLIANCE, BUSINESS TAX, FEBRUARY 2018|

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, [...]

2018-11-12T15:43:32+00:00December 22nd, 2017|BUSINESS TAX, JANUARY 2018, TAX REFORM: BUSINESS TAX|

IRS Correspondence Letter: Your New Pen Pal the IRS

  Bill. Bill. Junk mail. Magazine. Bill. Junk mail. Bill. That’s pretty much what most people find when they reach inside their mailbox every day. What most people probably don’t expect is an IRS correspondence letter. So what should you do if you get one? Step 1: Resume breathing. While the IRS probably isn’t inviting you [...]

2018-11-12T15:43:33+00:00December 17th, 2017|TAX CONTROVERSY|

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 [...]

2018-11-12T15:43:41+00:00December 2nd, 2017|INDIVIDUAL PLANNING, INDIVIDUAL TAX|

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 Crimes Enforcement (FinCEN) [...]

2018-11-12T15:43:43+00:00November 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 [...]

2018-11-12T15:43:45+00:00November 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 may be a [...]

2018-11-12T15:43:47+00:00November 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 [...]

2018-11-12T15:43:48+00:00November 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. [...]

2018-11-12T15:43:50+00:00November 19th, 2017|BUSINESS TAX, VIDEO|

4 Ways to Brave and Minimize Insurance Fraud

Insurance fraud can be a beast, costing the average organization as much as 5% of its revenues. The bigger the beast – that is, the higher the fraudster’s seniority level on the company’s organizational chart - the higher the damage and the losses the fraudster is likely to cause, according to the Association of Certified [...]

2019-03-21T15:40:02+00:00November 7th, 2017|INSURANCE|

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 [...]

2018-11-12T15:43:52+00:00November 7th, 2017|NOVEMBER 2017|

Diligence: Electronic Versus Onsite Data Rooms

A currently popular question during the merger and acquisition (M&A) diligence process is whether to utilize electronic or onsite data rooms. For a target company, electronic data rooms provide benefits including operational efficiencies. Private equity groups enjoy similar efficiencies but also typically value the communication and culture aspects of the onsite data room. [...]

2018-11-12T15:43:53+00:00November 2nd, 2017|BUSINESS TRANSACTIONS, VIDEO|

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 [...]

2018-11-12T15:43:56+00:00October 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 [...]

2018-11-16T12:52:47+00:00October 25th, 2017|INDIVIDUAL PLANNING, NOVEMBER 2017|

Understanding Terms Found in Common Business Interruption Policies

Hurricanes and other disasters – floods, earthquakes, tornadoes, and even cyber attacks 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 [...]

2018-12-03T12:00:11+00:00October 9th, 2017|BUSINESS CONSULTING, DISASTER RECOVERY|

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 [...]

2018-11-12T15:44:02+00:00October 3rd, 2017|DISASTER RECOVERY, INDIVIDUAL TAX|

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 [...]

2018-11-12T15:44:04+00:00October 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 [...]

2018-11-12T15:44:04+00:00October 1st, 2017|BUSINESS CONSULTING, DISASTER RECOVERY, OCTOBER 2017|

Disaster Recovery: Protect Your Assets With the Right Insurance

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. We have compiled a number of insurance policy options that individuals, businesses, or both can purchase to protect themselves from property damages, business interruptions, or other losses due [...]