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So far Luke Pearce has created 122 blog entries.

CRI ALBUQUERQUE – A.J. Bowers: 75th Annual Texas Association of County Auditors Fall Conference/GASB Update

CRI Partner A.J. Bowers will be discussing the updates to the Governmental Accounting Standards Board (GASB), allowing participants to determine new potential changes to accounting standards and implement those changes to comply with current GASB standards. This presentation will take place via virtual webinar on November 21, 2020.

2020-10-19T15:02:34-05:00October 19th, 2020|Around Town|

CRI ALBUQUERQUE – A.J. Bowers: Texas CLASS Public Funds Investment Act Training/GASB Update – The Constant of Change in an Ever-Changing World

On November 15, 2020, the Texas CLASS Public Funds Investment Act Training/GASB Update will be held online via virtual webinar. CRI Partner A.J. Bowers will be providing attendees of this webinar with an understanding of the GASB issued statements, how they affect the financial reporting model, and the questions to ask in order to determine [...]

2020-10-19T14:44:48-05:00October 19th, 2020|Around Town|

CRI JACKSON – Shane Hariel: HFMA Region-9 2020 Conference

CRI Partner Shane Hariel will be speaking on November 11, 2020 at the HFMA 2020 Conference via virtual webinar to healthcare finance professionals on the HHS funding streams. This presentation will cover the audit, cost report, HHS, and other funding streams.

2020-10-16T11:39:52-05:00October 16th, 2020|Around Town|

Top 25 CPA and Advisory Firm Carr, Riggs, & Ingram (CRI) Offers Free Year-End Planning Webinars for Both Businesses and Individuals

ENTERPRISE, AL, (OCTOBER 13, 2020) – Carr, Riggs & Ingram (CRI) has announced that they will be presenting two free webinars to assist both individuals and businesses prepare for year end. The webinars, titled “Year-End Tax Planning: Optimizing Tax Benefits for 2020 and Beyond” will feature several different CRI tax partners who serve as leaders in [...]

2020-10-14T09:18:55-05:00October 14th, 2020|PRESS RELEASES|

Tax Implications of Debt and Equity Financing

“Cash is king” has been the motto du jour for businesses across the nation. The coronavirus pandemic hit our economy hard, and businesses that overcame the initial financial setbacks did so by having quick access to cash. Some applied for cash grants, others strengthened their cash flow practices, and some explored new ways to make [...]

2020-10-08T14:51:30-05:00October 8th, 2020|BUSINESS TAX|

CRI MONTGOMERY – Robert Miller: Alabama Association of Realtors Webinar

CRI Partner Robert Miller recently spoke via virtual webinar to the Alabama Association of Realtors on September 28, 2020. This presentation covered various topics related to the COVID-19 pandemic, Paycheck Protection Program (PPP) forgiveness, and taxes related to COVID relief.

2020-10-06T16:18:41-05:00September 30th, 2020|Around Town|

Implications of the Employee vs. Independent Contractor Decision

Business growth, especially growth during economically trying times, is a great success and should be celebrated. But new growth can also bring a certain level of stress. To deliver promised products and services to new customers, most leaders will need to hire more workers. This responsibility can feel overwhelming, especially when leaders are unsure how [...]

2020-09-28T13:51:38-05:00September 28th, 2020|BUSINESS TAX, INDIVIDUAL TAX|

IRS Takes Aim at Private Foundations

The Internal Revenue Service (IRS) has turned the old audit paradigm on its head by introducing a new enterprise, or holistic approach that allows it to more effectively target its audits. This new initiative, announced by two IRS commissioners at a tax forum held on July 10, 2020, identified over 1,000 private foundation returns associated [...]

CRI ATLANTA – Craig Thompson: Atlanta State of the Market – Debt and Equity Discussion

CRI Partner Craig Thompson will be speaking during the Atlanta State of the Market webinar on September 30, 2020. This webinar will cover the following questions and more: How is the recession affecting the appetite for Atlanta CRE among private and institutional investors? How has the capital stack changed with today's markets? Which alternative funding [...]

2020-09-24T14:56:16-05:00September 24th, 2020|Around Town|

Don’t Sleep on CECL

CECL Dashboard The daily dose of top headlines includes COVID-19, the presidential election, the Paycheck Protection Program, and now the Supreme Court's vacancy due to the passing of Justice Ruth Bader Ginsburg.  In a world filled with differing opinions on face coverings, remote learning, testing, vaccines, economic stimulus, and more, it is relatively easy for [...]

2020-09-28T09:25:46-05:00September 23rd, 2020|FINANCIAL INSTITUTIONS|

Top 25 CPA and Advisory Firm Carr, Riggs & Ingram (CRI) Prepares to Host Cybersecurity-Focused Webinar

ENTERPRISE, AL, (SEPTEMBER 23, 2020) - Carr, Riggs & Ingram (CRI) has announced a complimentary webinar entitled, “Gone Phishing: Defending Your Organization Against Social Engineering,” featuring CRI’s Director of IT Audits and Assurance, David Mills, and CRI Partner Tyler Mills. This webinar will take place on Tuesday, October 6, 2020, at 10:00 a.m. CDT. This [...]

2020-09-23T09:39:23-05:00September 23rd, 2020|PRESS RELEASES|

Security Implications of a Remote Work Environment

COVID-19 has transformed the traditional office environment in 2020 by creating an army of remote workers. For many businesses, workforces will be almost entirely remote through at least the end of the year. While this model brings benefits for companies and employees alike, it also brings challenges, including the need to rethink IT security risks. [...]

2020-09-22T14:57:10-05:00September 22nd, 2020|CYBERSECURITY, INTERNAL CONTROLS|

Social Engineering Attacks: Considerations for SMBs

When most people think of someone hacking their business, they picture sophisticated cybercriminals infiltrating the network, breaking password protocols, and penetrating the firewall. Although that can happen, it’s very rare. Instead, social engineering is behind most cyberattacks, from high-profile data breaches at the largest corporations to ransomware and other attacks that many small and middle-market [...]

2020-09-22T12:02:55-05:00September 22nd, 2020|CYBERSECURITY|

Cash Flow Best Practices for Businesses Facing Economic Uncertainty

Cash flow is more important than ever. Even when markets are down, taxes will come due, loans will need to be repaid, and investments will be required to keep your organization on sound footing. While a positive cash flow is not the only factor that influences success, it’s a good indicator that a business is [...]

CRI NEW ORLEANS – Becky Hammond: LCPA Government Accounting and Auditing Conference

CRI Partner, Becky Hammond, will be presenting at the 2020 LCPA Government Accounting and Auditing Conference on November 12, 2020. Becky will be opening the conference with an informational session on the GASB update. This update includes a review of recent GASB pronouncements and projects in process, emphasizing the impact in Louisiana governments and their auditors. 

2020-09-08T18:34:47-05:00September 8th, 2020|Around Town|

Latest Guidance Answers Common Questions on Federal Loan Programs

The U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury recently addressed a handful of frequently asked questions (FAQs) concerning the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) Program. These programs have been lifelines for many businesses whose operations have been affected by the coronavirus pandemic, and only [...]

2020-09-08T18:16:09-05:00September 8th, 2020|BUSINESS TAX, COVID-19|

Contractors Should Take A Closer Look at Site-Level Profitability

When it comes to identifying projects that help or hurt cash flow, contractors must be meticulous. That’s because monitoring cash at the site level can go a long way toward improving a contractor’s financial picture – and protecting their reputation. The larger the project, the bigger the risk. Poor cash management can create a tidal [...]

2020-09-08T16:44:31-05:00September 8th, 2020|CONSTRUCTION|

The Pitfalls of Underbidding Projects

The temptation might be substantial, but contractors should avoid under-bidding projects during an economic downturn. While the reasons might seem logical – it keeps cash flowing and enables a contractor to retain its workforce – the end doesn’t justify the means. It could have disastrous consequences. These are surely uncertain times, and in times of [...]

2020-09-02T15:18:58-05:00September 2nd, 2020|BUSINESS CONSULTING, CONSTRUCTION|

CRI MELBOURNE – Yvonne Clayborne: GASB 87 Practical Exercise

Recently, CRI Partner Yvonne Clayborne spoke via virtual webinar to state government finance personnel and public accounting practitioners on August 28, 2020. This webinar included a practical exercise on the implementation and accounting for leases under GASB 87.

2020-08-31T14:51:21-05:00August 31st, 2020|Around Town|

Treasury Guidance Issued on Employee Payroll Tax Deferral

On August 8, 2020, President Trump issued a Presidential Memorandum calling for a deferral of withholding an employee’s payroll taxes. The government’s guidance announcement came just four days before the implementation date of September 1, 2020. By deferring the payroll tax withholding, the hope was that employees would have higher take-home pay for the remainder [...]

2020-08-31T11:01:42-05:00August 31st, 2020|BUSINESS SUPPORT, BUSINESS TAX|