Kendal Diehl

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So far Kendal Diehl has created 48 blog entries.

Carr, Riggs & Ingram (CRI) Proudly Welcomes New Partner, Kelly Jones

ENTERPRISE, Ala. - Carr, Riggs & Ingram (CRI) is honored to welcome Kelly Jones to the CRI family. Kelly joins CRI with over 20 years of experience working with a number of healthcare providers that range from small Critical Access Hospitals to large health systems. He specializes in hospital reimbursement advisory services, Medicare Cost Report Filings [...]

2018-11-12T15:42:17+00:00October 24th, 2018|PRESS RELEASES|

Opportunity Zones are Knocking: Should You Answer?

Investment returns often reward the patient investor. And now, the federal government is doing the same. A provision of the Tax Cuts and Jobs Act (TCJA) sets up an incentive program for investors who are willing to take a chance on long-term investments in economically depressed areas. The U.S. Treasury Department and IRS recently issued [...]

2019-01-18T10:20:39+00:00October 24th, 2018|OPPORTUNITY ZONES, TAX REFORM: BUSINESS TAX|

Tax Reform Expands Availability of Small Business Tax Breaks

2017’s Tax Cuts and Jobs Act (TCJA) was filled with headline-grabbing changes like lower tax rates for corporations and individuals, a 20% deduction for qualified income from pass-throughs, and the elimination of the corporate alternative minimum tax (AMT). But the TCJA also included some fairly generous gifts in the form of expanded availability of existing [...]

2018-11-12T15:42:19+00:00October 23rd, 2018|SMALL BUSINESS, TAX REFORM: BUSINESS TAX|

IRS Clarifies Deductibility of Business Meals

The IRS has issued a notice 2018-76 to clarify the deductibility of business meals and entertainment in light of changes enacted last year as part of the Tax Cuts and Jobs Act (TCJA). The IRS explains that taxpayers may continue to deduct 50 percent of the cost of business meals if the taxpayer (or an [...]

2018-12-11T15:19:40+00:00October 4th, 2018|BUSINESS TAX, INDIVIDUAL TAX|

4 Steps to Assess Your Cybersecurity Risk

Do you know where an attacker could break through your company’s cyber defenses? Chances are, there are more points of vulnerability than you realize, and the stakes are high to protect what’s important. Customers, employees, regulators, boards of directors, and many other stakeholders hold businesses accountable for securing sensitive data. Customers in certain highly regulated [...]

2018-11-12T15:42:23+00:00September 20th, 2018|CYBERSECURITY|

Nonprofits: Now Is the Time to Prepare for the New Revenue Recognition Standard

The new principles-based revenue recognition model introduced in Accounting Standards Codification 606 (ASC 606) is already in effect for much of the business world. Publicly traded companies were required to implement the new accounting standard for reporting periods that began on or after December 15 of last year, but nonprofits were given an additional year [...]

2018-11-12T15:42:27+00:00September 18th, 2018|NOT-FOR-PROFITS, REVENUE RECOGNITION|

Hill, Long & Co. Joins Top 20 CPA and Advisory Firm, Carr, Riggs & Ingram

HOUSTON, TX – After years of providing their clients with quality, personalized financial guidance, Hill, Long & Co. has merged with top 20 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The Hill, Long & Co. team joins more than 1,800 CRI professionals currently serving clients across the Southern U.S. The firm has expertise [...]

2018-11-12T15:42:29+00:00August 30th, 2018|PRESS RELEASES|

Carr, Riggs & Ingram (CRI) Announces Government Contracting Webinar

STUART, FL - Carr, Riggs & Ingram (CRI) has announced a complimentary webinar titled “Cost Accounting Basics for Government Contractors” that will feature CRI’s established government contracting professional, Shay Wolf. This webinar will be presented to the public on Sept. 19, 2018, at 10:00 a.m. EDT. This 60-minute live webinar will target companies that possess or [...]

2018-11-12T15:42:30+00:00August 29th, 2018|PRESS RELEASES|

Are Taxpayers Mailing in Their Postcard 1040 This Year?

One of the many goals of the 2017 Tax Reform was to simplify individual income taxes. Itemized deductions have always been viewed as adding complexity to a tax return. However, the latest Tax Reform has increased the standard deduction, resulting in fewer people needing to take time to itemize their deductions. Likewise, a higher Alternative [...]

2018-12-11T15:19:16+00:00August 23rd, 2018|INDIVIDUAL TAX|

Ponzi Schemes: If It Sounds Too Good To Be True, It Probably Is

No matter how many times innocent people become victims to Ponzi schemes, it continues to happen both with alarming regularity and extraordinary costs. What are Ponzi Schemes? Ponzi schemes first evolved when Charles Ponzi began enticing innocent people to invest in something with the promises of an abnormally high return. Ponzi would explain the rationale [...]

2018-11-12T15:42:32+00:00August 22nd, 2018|BUSINESS CONSULTING, Uncategorized|

CRI Tax Talk: A Post Wayfair World: What’s Next?

Prior to the Supreme Court’s decision in the South Dakota vs. Wayfair case, a retailer had to have a physical presence in a state before it was required to charge sales tax. We’re breaking down what this decision means and how it could affect you and your business moving forward. [...]

2018-11-12T15:42:33+00:00August 21st, 2018|BUSINESS TAX, VIDEO|

Retirement Strategies for Small Business Owners

As summer draws to a close, Americans begin thinking of backyard barbecues and making one last trip to the lake or beach. Labor Day is also a good time to evaluate your own labor in the bigger picture — what is the motivation behind all that work? For most, the answer involves one major goal: [...]

2018-11-12T15:42:34+00:00August 21st, 2018|BUSINESS TAX, INDIVIDUAL PLANNING, SMALL BUSINESS|

South Dakota vs. Wayfair: How Will You Manage Sales Tax Compliance?

Additional Articles in Series One Taxing Situation: South Dakota vs. Wayfair, Inc The initial dust raised by the Supreme Court’s recent ruling in South Dakota vs. Wayfair has started to settle, and businesses are now faced with the task of reviewing the people, processes, and software that they rely on for [...]

2018-11-12T15:42:35+00:00August 7th, 2018|STATE & LOCAL TAX|

Bracing for Disaster? Prepare to Deduct Casualty Losses

Natural disasters seem to be increasing at an alarming rate. Each year, our nation is plagued with wildfires in the West, tornados in the Midwest, flooding in the Northeast, and hurricanes in the South and Southeast. Few businesses are completely safe from an impending disaster. Fortunately, the IRS has plans in place to aid businesses [...]

2018-11-12T15:42:36+00:00July 23rd, 2018|DISASTER PREPARATION|

Cryptocurrency and Taxes: What You Need to Know

Preparing for Your Cryptocurrency Tax Obligations As the saying goes, it is best to “be prepared” for any situation that arises. When it comes to cryptocurrencies, this statement could not ring truer. Waiting until next April to think about the tax implications of virtual currency transactions will make the tax preparation process difficult and burdensome, [...]

2018-11-12T15:42:38+00:00June 25th, 2018|CRYPTOCURRENCY, INDIVIDUAL TAX|

One Taxing Situation: South Dakota vs. Wayfair, Inc

Additional Articles in Series South Dakota vs. Wayfair: How Will You Manage Sales Tax Compliance? The United States Supreme Court delivered its ruling on the much talked about “South Dakota vs. Wayfair” case that will change how interstate sales are taxed. As a result of this ruling, states can now enforce [...]

2018-11-12T15:42:39+00:00June 22nd, 2018|STATE & LOCAL TAX|

How the TCJA Can Help You Choose Your Debt Payoff Strategy

Randomly picking which debt to pay off first is not the ideal strategy—especially considering the magnitude of the average American’s debt, as well as rising interest rates. In 2017, the average American household had more than $130,000 of debt, made up of home mortgages, credit card debt, student loans, and auto loans. It’s no wonder [...]

2018-11-12T15:42:40+00:00June 20th, 2018|INDIVIDUAL TAX, STATE & LOCAL TAX|

What is my Crazy Auditor Doing? 5 Sane Reasons for the Madness

Do you ever wonder why your auditor may be asking you for something you've never had to provide before? Cheri Swain explains how CRI auditors cover their bases to allow you to easily respond to risk and ensure that they are staying compliant with audit procedures laid out by the AICPA. [...]

2018-11-12T15:42:41+00:00June 20th, 2018|AUDITS, REVIEWS & COMPILATIONS, VIDEO|

Annual Southern Grants Forum Prepares for Attendees

NEW ORLEANS, LA - Southern Grants Forum has begun preparations in New Orleans, Louisiana for the annual educational event July 16 through 18. The event, hosted at the Renaissance Arts District Hotel, will explore the latest developments affecting grant-funded organizations. The theme this year will celebrate both grants management professionals and the City of New Orleans [...]

2018-08-31T10:31:26+00:00June 18th, 2018|PRESS RELEASES|

Top 20 CPA and Advisory Firm Carr, Riggs & Ingram Welcomes Betts & Rubio

Nashville, TN- ​After years of providing their clients with quality, personalized financial guidance, Betts & Rubio has merged with top 20 CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI). The Betts & Rubio team joins more than 1,800 CRI professionals currently serving clients across the Southern U.S. The firm has expertise ranging from basic [...]

2018-11-12T15:42:44+00:00May 24th, 2018|PRESS RELEASES|