Articles & Videos

Carr, Riggs & Ingram (CRI) Unveils Newly Renovated Office Space in Dallas, Texas

2019-05-13T08:59:11+00:00May 13th, 2019|PRESS RELEASES|

DALLAS, TX – (MAY 10, 2019) – Carr, Riggs & Ingram (CRI) recently celebrated the completion of the renovation of their Dallas, Texas office. To better serve their staff, as well as their clients, the new environment utilizes the latest technology to streamline collaboration and ensure seamless integration with current practices. The newly renovated 22,500 [...]

Manufacturing Product Costing

2019-06-13T10:39:16+00:00May 9th, 2019|MANUFACTURING & DISTRIBUTION|

Manufacturers should have a firm grasp on how much it costs to produce their products. This knowledge ensures that they can control expenses, account for future production needs, isolate inefficiencies, set appropriate prices on produced merchandise, and improve profit margins. Understanding production costs also allows a company to respond more effectively to changes in the [...]

How Predictive Maintenance Helps Manufacturers Prevent Production Delays

2019-06-13T13:10:08+00:00May 7th, 2019|MANUFACTURING & DISTRIBUTION|

The breakdown of a major piece of manufacturing equipment triggers a domino effect of halted production. This unexpected shutdown usually results in costly last-minute repairs, late or canceled orders, and angry customers. Manufacturers who conduct predictive maintenance on machines and equipment can reduce the risk of an unexpected breakdown. Understanding Predictive Maintenance A manufacturer can [...]

Are You Considering a NIST CSF Assessment for Your Organization?

2019-05-29T10:51:28+00:00May 6th, 2019|CYBERSECURITY, NIST|

In February of 2013, Executive Order 13636, “Improving Critical Infrastructure Cybersecurity,” was introduced as a means of sharing cybersecurity threat information. The goal was to build a framework around standardized security for the United States to reduce potential risks to critical infrastructure. One year later, the National Institute of Standards and Technology released version 1.0 [...]

5 Questions to Help Assess Your Business’s Fraud Risk

2019-05-08T11:46:06+00:00May 6th, 2019|FORENSICS|

Business leaders spend most of their time and energy assessing risks and weighing them against possible rewards. Unfortunately, many leaders overlook one of the most common challenges facing businesses today — the risk of occupational fraud. To build a successful business that stands above its competition, you need a solid foundation of controls to deter [...]

GASB 88

2019-05-02T16:41:01+00:00May 1st, 2019|GOVERNMENTS|

Governments are continuing to identify new avenues to borrow and are diversifying their debt-issuance practices. One of the newer trends in governments is direct borrowing from banks. These borrowings have led some users of the financial statements to have some concerns about the level of disclosure provided in the notes to the financial statements. Inconsistency [...]

CRI Capital Advisors Assists With Acquisition of Trinity Analysis and Development Corporation

2019-05-23T15:50:51+00:00April 30th, 2019|PRESS RELEASES|

SHALIMAR, Fla., April 30, 2019 - Carr, Riggs & Ingram Capital Advisors, LLC is pleased to announce that KOMAN Government Solutions, LLC (KGS), a wholly-owned 8(a) subsidiary of the Natives of Kodiak, an Alaska Native Corporation, recently completed an acquisition of Trinity Analysis & Development Corp. (TRINITY). TRINITY will continue to provide continuity and support [...]

Carr, Riggs & Ingram, LLC (CRI) Unveils CRI Advanced Analytics

2019-05-13T09:00:09+00:00April 25th, 2019|PRESS RELEASES|

New Software Company Focuses on Predictive Analytics to Help Forecast Industry Trends and Maximize Revenue ENTERPRISE, Ala., April 1, 2019 - Carr, Riggs & Ingram (CRI) recently launched CRI Advanced Analytics, a new software company focused on providing clients with actionable data to help them prepare for future trends in their industry. CRI Advanced Analytics provides innovative [...]

Carr, Riggs & Ingram (CRI) Prepares for Anti-Money Laundering and Bank Secrecy Act Webinar

2019-04-25T10:59:07+00:00April 25th, 2019|PRESS RELEASES|

ENTERPRISE, Ala., March 21, 2019 - Carr, Riggs & Ingram (CRI) has announced a complimentary webinar titled “Financial Institutions: Anti-Money Laundering (AML) & Bank Secrecy Act (BSA) Annual Update” that will feature CRI Partner Doug Mims. This webinar will be presented on April 10, 2019, at 10:00 CDT. This 60-minute live webinar will focus on providing [...]

CRI Solutions Group, LLC Announces Launch of New Website

2019-05-09T15:47:44+00:00April 25th, 2019|PRESS RELEASES|

NASHVILLE, Tenn., March 4, 2019 - CRI Solutions Group, LLC invites visitors to explore their newly launched website. The site offers user-friendly navigation and enhanced functionality while giving customers the ability to view recent client case studies. “Joining the CRI family positions us to expand our footprint across new markets and customer bases. It enables us [...]

How Retailers Can Prepare for New Lease Accounting Standards

2019-04-23T09:15:02+00:00April 17th, 2019|LEASE ACCOUNTING|

Brick-and-mortar stores remain a vital component of multichannel sales strategies, despite the steady march of e-commerce. And for many retailers, leasing that real estate (rather than buying it outright) has been the most economically expedient option. In 2020, nonpublic companies that report according to U.S. Generally Accepted Accounting Principles (GAAP) will be required to recognize [...]

Is It Time for a Business Valuation?

2019-04-09T12:16:21+00:00April 9th, 2019|BUSINESS CONSULTING|

Business owners often have a majority of their personal net worth tied up in the business. However, many owners are unsure how much their greatest asset is really worth, putting them at a disadvantage in making decisions that range from estate planning to deciding when to sell the business. A common misconception about business valuations [...]

CRI GAINESVILLE – ROBERT LEMMON & APRIL SHUPING: FGFOA Annual Conference

2019-04-09T14:17:59+00:00April 9th, 2019|Around Town|

CRI Partners Robert Lemmon and April Shuping will present at the Florida Government Financial Officers Association Annual Conference. This conference is a multi-day event covering a variety of accounting topics that are specifically applicable to governmental entities in Florida. Their session will discuss some key factors to be considered when accounting for estimates and will go into [...]

What to Consider When Deciding Between a Calendar Year and a Fiscal Year

2019-04-02T21:05:27+00:00April 2nd, 2019|BUSINESS TAX|

It is common for organizations to use a calendar year, as opposed to a fiscal year, as the tax year calendar for their company. The choice is made easy but its intuitiveness and tends to line up with personal returns—this makes things simple and easy. However, many businesses have dominating operating seasons that don’t always [...]

CRI BRADENTON – CHRISTY CARDILLO: Qualified Opportunity Zones

2019-04-01T11:00:03+00:00April 1st, 2019|Around Town|

CRI Partner Christy Cardillo will participate in a panel discussion related to Qualified Opportunity Zones in Sarasota County on April 24, 2019, at 8 a.m. at the Payne Park Auditorium. This will be a general discussion about QOZs.  The panel includes Shay Atluru, President/CEO of DTC, Inc. as Moderator; Christy Cardillo; Steven Stancel, General Manager of Economic [...]

Additional Relief from IRS for Taxpayers who Underpaid on Their Income Taxes in 2018

2019-03-29T12:56:06+00:00March 29th, 2019|INDIVIDUAL TAX|

Based on a combination of wage withholdings and quarterly tax estimates, the U.S. tax system utilizes a system that requires taxpayers to "pay-as-you-go," as opposed to waiting until the end of the year to pay income taxes. Under the current law, if you fail to pay 90% of your current year tax, the results of [...]

Beware of Potential IRS Phone Call Scams

2019-03-27T16:43:09+00:00March 27th, 2019|INDIVIDUAL TAX|

During the early months of the year, tax filing season quickly becomes tax scamming season. In the hopes of focusing public attention on this problem, the IRS has released its annual list of the Dirty Dozen tax scams—many of which lead to identity theft. It is always easy to become overconfident in your ability to detect fraud. [...]

Differentiating Between Independent Contractors and Employees

2019-03-28T09:13:18+00:00March 27th, 2019|BUSINESS TAX, CLIENT ACCOUNTING SERVICES|

Many businesses believe that misclassifying employees as independent contractors is not necessarily an issue as long as they meet all tax obligations. However, this is not the case. It has become extremely common in recent years for both federal and state authorities to begin cracking down on the improper classification of workers. Consider the Advantages [...]

CRI BIRMINGHAM – BRIAN BARKSDALE: Trussville, AL Daybreak Rotary Club Meeting

2019-03-27T11:09:29+00:00March 27th, 2019|Around Town|

CRI Partner Brian Barksdale will speak at the regular meeting of the Trussville, AL Daybreak Rotary Club on April 3, 2019. He will present on fraud in business, focusing on prevention and detection procedures.