Reviewing the look-back method for long-term construction contracts
Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time aren’t the only cause for concern. Permitting issues, economic changes and evolving regulations can all … Read more…
Estate Management Checklist
Do you have a will? A will enables you to specify who you want to inherit your property and other assets. A will also enables you to name a guardian for your minor children. Do you have healthcare documents in … Read more…
March 2nd Update: Treasury Department Announces It Will Not Enforce Non-Compliance of BOI Reporting Requirement
The Treasury Department announced on March 2, that it will not enforce any penalties or fines related to the beneficial ownership information (BOI) reporting rule under the Corporate Transparency Act, both under the current deadlines and after upcoming rule changes. … Read more…
Tax Brief: Form 990, Schedule R – Related Organizations and Unrelated Partnerships
The IRS Form 990, Schedule R is designed to provide information about related organizations, certain transactions with related organizations, and certain unrelated partnerships through which the organization conducts significant activities. This article will explore the relevant reporting requirements for each … Read more…
Strategies for Managing Student Loan Debt
If college were a party, then student loans are the hangover. Unfortunately, the “hair of the dog” won’t cure this headache, but here are some ideas for managing your student loan debt. The programs listed are not intended as tax … Read more…
HSA and its Triple Tax Advantage
Health Insurance Plans are confusing and costly! Unless you have a magical plan with no deductible, no copay, a low premium, and wide coverage, it is easy to feel like your health insurance plan is taking more than it gives … Read more…
BOI Reporting Deadline Now March 21 – U.S. District Court Ruling Reinstates CTA & Beneficial Ownership Information Reporting Requirement… Once Again
Update: The Corporate Transparency Act and its BOI reporting requirements are currently under litigation. Please refer to our most recent post for the latest developments. A February 18th FinCEN alert notified businesses that the U.S. District Court for the Eastern District of Texas reinstated the beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA). FinCEN indicated that during the … Read more…
The latest on occupational fraud in the construction industry
The construction industry has made great strides in overcoming the outdated perception that it’s rife with corruption. Unfortunately, the fact remains that contractors lose hundreds of thousands of dollars a year to occupational fraud. As formally defined by the Association … Read more…
Succeeding at Business Succession
Family businesses account for 54% of private sector Gross Domestic Product (GDP), yet 43% of family businesses have no formal succession plan. While those numbers may shock you, it is not surprising that many small business owners are consumed by … Read more…
5 Key Financial KPIs in Healthcare: How to Measure Your Practice’s Success
As a healthcare provider, you know that delivering exceptional care is your top priority. But behind the scenes, managing the financial health of your practice is just as critical to ensure long-term success. One of the most effective ways to … Read more…
Watch the replay: “Employment Law Updates for 2025” Webinar
Join the Jones & Roth Healthcare Advisors in this online presentation about updates to employment laws and issues that matter most to healthcare clinics. Attorney Jaclyn K. Rudebeck shares overall best practices in employment law for healthcare practices, trends, and … Read more…
2025 Retirement Plan Contribution Limits, Phase-Out Ranges, and Income Limits
The IRS has released 2025 inflation-adjusted contribution limits, phase-out ranges, and income limits for various retirement accounts. (IRS Notice 2024-80) Contribution Limits 401(k), 403(b), and most 457 plans — For 2025, the amount an individual can contribute to a 401(k), … Read more…
The Sequence of Returns
What exactly is the “sequence of returns”? The phrase describes the yearly variation in an investment portfolio’s rate of return. But what kind of impact do these deviations from the average return have on a portfolio’s final value? Let’s take … Read more…
Staffing Trends to Be Aware of for 2025
Practice owners know that retention challenges, salary inflation, and rising employee expectations have been increasingly difficult to manage. According to the 2024 DentalPost Dental Salary Survey, salaries rose by 11% for hygienists and office staff. However, nearly 45% of those … Read more…
Digital transformation is for construction businesses, too
It may sound like something out of a blockbuster science fiction movie: digital transformation. Yet, it’s a very real trend in many industries, including construction. The term refers to a business’s conscious effort to integrate digital technology into every area … Read more…
Jones & Roth Welcomes Jordan Dawley, CPA, as Newest Partner
Bend, OR (January 27, 2025) — Jones & Roth, a top 300 CPA and consulting firm, is pleased to announce the promotion of Jordan Dawley, CPA to Partner effective January 1, 2025. Jordan is a leader in Jones & Roth’s … Read more…
Finding the Right Audit Firm for your ESOP
There are over 70,000 retirement plans audited in the US by CPA firms every year. The vast majority of these take the form of the traditional 401(k) plan, and over 3,500 audit firms in the US perform these audits. A … Read more…
Dec. 26th BOI Update: Court Blocks Reporting Requirement…Again
Update: The Corporate Transparency Act and its BOI reporting requirements are currently under litigation. Please refer to our most recent post for the latest developments. In another twist for small-business owners, a federal court has once again halted the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirement. On Thursday, December 26, a Fifth Circuit Court of Appeals panel … Read more…
Unlock the Power of Financial Statements: A Dentist’s Guide to Driving Growth and Profitability
As a dentist, you’ve worked hard to build a successful practice. Your clinical skills are top-notch, your team is efficient, and your patients trust you with their oral health. But when it comes to growing your practice and ensuring long-term … Read more…
Dec. 23rd Appeals Court Ruling Reinstates CTA & Beneficial Ownership Information Reporting Requirement
Update: The Corporate Transparency Act and its BOI reporting requirements are currently under litigation. Please refer to our most recent post for the latest developments. On Monday, December 23, 2024, the Fifth U.S. Circuit Court of Appeals lifted the nationwide injunction issued earlier this month against the Corporate Transparency Act (CTA). Monday’s ruling revives the immediate enforceability of the CTA, … Read more…
