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So far CRI has created 516 blog entries.

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|

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 [...]


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 [...]

2018-11-12T15:44:07+00:00September 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 [...]

2018-11-12T15:44:09+00:00September 26th, 2017|INDIVIDUAL TAX, OCTOBER 2017|

An AUP or an Audit: Which Way Should You Go?

The public accounting profession offers a number of services, making it difficult for many to understand which direction is best for a particular need. Two services that are often confused are audits and agreed-upon procedures (AUPs). An AUP engagement offers the client greater flexibility than what a traditional audit can provide. It is likely to [...]

Back to Partnership School: Review and Update Your Agreement

Some people struggle in September as they transition from summer to back-to-school routines. Similarly, amending a partnership agreement takes work, time, and adjustment—and is also likely a task that most of those involved would choose to avoid. It’s hard enough the first time to agree on all the items contained in the agreement – not [...]

2018-11-12T15:44:15+00:00August 28th, 2017|BUSINESS TAX, SEPTEMBER 2017|

Does Your Household Have a Home Team? Remember Your Employee Tax Obligations

Many families have built themselves a home team. Their players include nannies, housekeepers, cooks, gardeners, or healthcare workers, and they often come with tax obligations with which the families must follow to comply with IRS requirements. BATTER UP!  Not everyone who works at someone’s home is considered a household employee for tax purposes. To understand [...]

2018-11-12T15:44:16+00:00August 11th, 2017|BUSINESS TAX, SEPTEMBER 2017|

Risk-Focused Insurance Examinations: 10 Years Old But They Feel Brand New

More than a decade has passed since the National Association of Insurance Commissioners (NAIC) introduced us to the risk-focused examination process. Although this process has been in place for some time, insurance regulators and examiners must remain cognizant of emerging requirements and issues, as they have been plentiful and ever-changing in this area. By paying attention to updates, examiners can properly identify, [...]

2019-03-21T13:20:03+00:00August 1st, 2017|INSURANCE|