BlogAll Articles


Equifax Data Breach: What Does This Mean For You?

9/21/2017

The recent data breach of Equifax, one of three major U.S. consumer credit agencies, has created worry and panic among consumers. Such breaches highlight problems that will likely have an impact on future regulations and legislation. But what about you, the individual? 

Read Full Article


Governor Scott Issues New Emergency Rules for Assisted Living Facilities and Nursing Homes Following Hurricane Irma

9/20/2017

The Reingruber ALERT provides insights from advisors serving the post-acute healthcare community. Learn more about the effects of Hurricane Irma on new emergency rules, tax relief measures, and business interruption loss claims.

Read Full Article


How to Help Your Customers Impacted by Hurricane Irma

9/14/2017

We have started getting questions from clients in affected areas about what assistance they should be providing customers in affected areas. What should you be doing to help your customers affected by Hurricane Irma? 

 

Read Full Article


Regulatory Tripwire! Home Equity Line of Credit Statement Format

9/7/2017

Although this topic is not new, it continues to surface from time to time. I want to share a reminder of the regulatory requirements for properly disclosing on the borrower's initial periodic statement for a Home Equity Line of Credit (HELOC) the account-opening (start-up) fees paid out of the first advance.

Read Full Article


No Time to Lose: Prioritizing Your Responsibilities

9/1/2017

Your State Board of Accountancy has approved you to sit for the CPA exams. You have purchased your review course, and you are ready to start studying. Now it's time to get real and ask yourself: “How much time should I commit to studying?” “When will I know that I'm ready to take any of the four exams?” “How long does all this take?” The answer to these questions depends on… you!

Everyone’s learning style is different. However, one thing you must do before you begin studying is this: objectively assess your current responsibilities and prioritize them around your study time.

Read Full Article


Identifying Third-Party Sender Relationships

8/17/2017

In a previous FAQ for the new NACHA rule, I addressed common concerns about the upcoming Third-Party Sender Registration rule, which takes effect on September 29, 2017. A key component of this rule is being able to properly identify Third-Party Sender relationships before the registration period begins. 

Many times, while performing audits, it is determined that the financial institution has customers acting as a Third-Party Sender and don’t even know it.  To help make sure that you are not one of those institutions, here is some information that describes what a Third-Party Sender is and some guidance on how to identify a Third-Party Sender, so you won’t be caught off guard. 

Read Full Article


Welcome Baby Juliana Ryan Strickland

8/10/2017

Say hello to the newest member of our Saltmarsh family. Juliana Ryan Strickland was born at 8:30 p.m. on August 9th, weighing in at 6 lbs and 10.9 oz.

Read Full Article


Relief Regarding Shortage of Appraisers

8/8/2017

Sometimes I don’t know if I’m the only one to get the news or the last to get it. I like to think of it as the art of juggling. In my defense this has been sitting in a ‘to read’ pile for months, but still in my peripheral vision. 

Basically, the federal banking agencies and the NCUA provided options to address the shortage of state certified and licensed appraisers, specifically for lenders operating in rural areas. 

Read Full Article


Set Your Course: Finding the Right Review Plan

8/2/2017

You are working on your education requirements, have applied to your state board, and are waiting for your application to be reviewed. What’s next? Wherever you are in the journey to become a Certified Public Accountant, it is never too early to start considering what review course may work for you, fit your budget, and match your study style. 

 

Read Full Article


6 Steps to Better Time Management

7/27/2017

That happy balance between maximizing billable hours and enjoying a personal life can be elusive for attorneys. The trick is to make each moment of the workday count.

This starts with protecting yourself from the time-robbers that lurk outside your door. Here are six tried-and-true time management tactics to put into practice:

Read Full Article


Understanding Investment Value and Synergies in a Sale

7/27/2017

When it comes to selling a business, the big question in the owner’s mind is simple: “What’s it worth?” And as any valuation professional will tell you, the answer is, “Whatever the buyer will pay for it.”

Of course, this type of exchange is frustrating for a business owner seeking quick, hard-number guidance on value. But it’s important to remember that value is a somewhat imprecise term. Value depends on the circumstances surrounding the business, its cash flow, financial position, competitive situation, management team and many other factors. 

And in every case, value also depends on the buyer’s goals and what the business can provide for that individual or entity. 

Read Full Article


Could You Survive a Trust Account Audit?

7/27/2017

Are your trust accounting practices sufficient? They may not be if your system doesn’t include these essentials:

Read Full Article


Beware of Behavioral Red Flags That May Indicate Fraud

7/27/2017

For most business owners, the idea that a trusted employee would steal from the company is almost unthinkable. After all, many employees have been with the company for years, and some may even be family members.

But the truth is that occupational fraud is a serious threat to businesses of all sizes. According to the 2016 Association of Certified Fraud Examiners (ACFE) Report to the Nations on Occupational Fraud and Abuse, fraud perpetrators tend to display certain behavioral warning signs. These are red flags that all employees should be looking out for to help reduce fraud.

In fact, the ACFE says that at least one red flag was exhibited in 91 percent of the fraud cases they analyzed in the report. And in 57 percent of cases, multiple red flags were observed before the fraud was detected.

Read Full Article


Frequently Asked Questions: Targeting New NACHA Rule & Requirements

7/25/2017

If your financial institution is an Originating Depository Financial Institution (ODFI), make sure that you are aware, informed, and ready to register with the National Automated Clearing House Association (NACHA).  The new Third Party Sender Registration rule will come into effect this September (September 29th to be exact), so let us help you prepare!

Here are answers to some frequently asked questions regarding the upcoming Third-Party Sender Registration Rule.

Read Full Article


Navigating the Social Workplace

7/20/2017

Social media platforms are legitimate business tools; therefore, companies must place a high priority on developing social media etiquette.  Participating on your company’s social media platforms (Twitter, Facebook, blogs, LinkedIn, etc) can benefit both you and your company.  

Here are some things to consider when you participate on your company’s social media platforms.

Read Full Article


Saltmarsh Flies into Top Gun Summer Volleyball Tournament

7/18/2017

Thinking we might have lost that loving feeling after a busy spring, we decided to brave the “danger zone” and unwind with a Top Gun Summer Volleyball Tournament last Friday. Our afternoon was filled with so much good food, fun, and 80’s music even Kenny Loggins himself would have approved.

(And, as you will see in our photos, everyone agreed to opt for a badminton net since we didn't want anyone writing checks their bodies couldn't cash!)

Read Full Article


You May Be Seated! Preparing to Sit for the CPA Exam

7/13/2017

As discussed previously, passing the CPA exam is a daunting challenge, yet it is only a step along the journey toward one ultimate goal – to become a Certified Public Accountant. A successful exam preparedness plan begins with researching what is required to be a licensed CPA in your chosen state and then crafting a plan of attack to fulfill all of the state’s licensure requirements. 

I cannot stress enough the importance of these initial steps. I began my CPA journey with a misunderstanding about the educational requirements needed for licensure, and it hindered my progress by more than a year. My failure to plan correctly wreaked havoc upon my financial planning, affected my timeline for taking the CPA exam and delayed starting my career in public accounting.

Read Full Article


Jen Mostert Earns Certified Government Financial Manager Designation

7/13/2017

We are proud to announce that Jen Mostert has passed the Certified Government Financial Manager examination and has officially earned the designation of CGFM by the Association of Government Accountants (AGA). 

Congratulations, Jen!

Read Full Article


Cancellation of Debt Part Two: Exceptions to the Rule

7/6/2017

In my last blog, I discussed the “normal” tax consequences of having a debt canceled by your creditor. But, there are exceptions to the “norm.” These exceptions do allow for the forgiven debt to be “erased” from your income; however, this exclusion from income could reveal that you are even in worse shape than you thought! 

Let’s discuss the six primary exceptions for your canceled debt.

Read Full Article


CPA Exam Prep: From Daunting to Doable

6/29/2017

The CPA exams are difficult. Unfortunately, no magic Tips on How to Pass or 5 Do’s/Don’ts or even the top-rated study materials can guarantee you a passing grade on your exams for CPA licensure. What you can do is ensure that you’ve prepared for every step of the process. 

We asked four young CPAs who have recently passed or are in the process of taking their exams what they wish they had known before taking their first step towards getting their CPA license.

Read Full Article


Your Credit Report: Some Things in Life are Free

6/23/2017

Your credit history plays a key role in so many things (e.g., loan approvals, apartment leasing, job opportunities, etc.) that it's crucial to ensure the information in your credit report is correct.  You are entitled by law to a FREE copy of your credit report from all three consumer reporting agencies (Equifax, Experian and TransUnion) every 12 months.  You can obtain the report in several ways!

Read Full Article


Working Remotely: Perks & Pitfalls

6/14/2017

So you want to work remotely?  Being able to work from home, out of the office, or off the job site sounds like a great idea, and it can be! But like anything else, it comes with unique perks and pitfalls of which you need to be aware.  Here are a few simple “Do”s and “Don’t”s to aid in your decision to work remotely and help you become successful at it.

Read Full Article


Cancellation of Debt Part One: Tax Consequences on the Horizon

6/8/2017

So, after several months of wrangling, testy email exchanges and awkward personal meetings where you’ve dragged along your attorney and CPA, that creditor who by now has become a household name (banker, or seller who took back a purchase money mortgage, or the credit card company, etc) agrees to forgive and formally cancel some or all of the debt you owe them, an issue that has been a thorn in your side for over a year.  

Your first reaction is to jump for joy, call the spouse, and plan a celebratory dinner - of course.  And that may be an understandable first reaction – after all you will not have to deal with the burdensome principal and interest payments, no more harassing emails, letters and phone calls, you can stop chugging that Pepto-Bismol® at lunch, and finally get to do something your friends say is quite an enjoyable pastime – What’s that they call it? - Oh yeah, sleep.

Not so fast.

Read Full Article


Bank Regulation Alert: Changes in CRA Notices

6/2/2017

Effective January 18, 2017 - The FDIC changed their CRA Notice model language (main office and all branch locations). If your primary regulator is the FDIC, please be sure to update your CRA lobby notices as soon as possible. Keep in mind these two things.

Read Full Article


4 Reasons Why Your Start-Up Needs a CPA

5/25/2017

Accounting is the language of business.  You have probably heard this phrase before. But what if you aren’t fluent?  Should you be spending hours and days learning a new language when you are launching a new business? Not at all!  Let a CPA help you.

 

Read Full Article


Saltmarsh Financial Advisors Host 4th Annual Night at the Ballpark

5/23/2017

Once again, Saltmarsh Financial Advisors hosted a great evening with clients at a Pensacola Blue Wahoos game for the fourth year running. Good food and cold drinks were enjoyed from the Coors Light Party Deck, which gave our group an amazing view of the game. 

Read Full Article


Saltmarsh Gives Back on CPA Day of Service

5/22/2017

The CPA Day of Service is an annual event where CPAs throughout Florida volunteer in their communities. On Saturday, May 20th, employees from our Tampa and St. Pete offices volunteered at Feeding Tampa Bay and the Ronald McDonald house. 

Read Full Article


Sponsoring a Health & Welfare Benefit Plan: Are You 5500 Compliant?

5/17/2017

Many employers/plan sponsors wonder, “Do I have to file a Form 5500 for my Health and Welfare Plans?”  While most employers/plan sponsors are very familiar with filing the Form 5500 for their retirement plans, many are not as confident about the Form 5500 filing requirement for their health and welfare plans. 

Health & Welfare Plans provide benefits such as medical, dental, and life insurance. In 2002, the Form 5500 filing requirement was amended by the IRS, but many initially believed that the requirement had been fully suspended.  However, the requirement was only lifted for some employers; but, for others (those not meeting the exemptions), the requirement remained in place and continues to be an annual requirement.

Read Full Article


Creating a Corporate Culture of Giving

5/11/2017

Throughout the year, many opportunities are available for your organization to give back to the local community. The need to help others is great, but sometimes we can be left wondering where to start. Here are some tips to integrate charitable giving into your corporate culture.

 

Read Full Article


5 Painless Ways to Achieve Financial Security

4/27/2017

We all know that it's never too early to start planning for retirement or to start building a nest egg for future expenses. Financial security is a goal that we all have in mind, but are you taking advantage of the easy opportunities that can help you accelerate the process? Other than utilizing sensible spending habits, here are some quick strategies to help you reach financial security sooner than you think.

Read Full Article


Are There Huge Tax Dollars In Your Walls?

4/21/2017

Would you invest $10 to get an immediate potential return of $100? Of course you would.

Would you call your CPA to find out what your estimated benefit might be if you could get that initial estimate for F-R-E-E?  Of course you would.

While the above $10 for $100 example is for illustrative purposes and your actual benefit may vary, that’s typically the cost benefit achieved when a cost segregation study is used to properly re-classify costs of a purchase or construction of a commercial building used in your trade or business or rented to others. And frankly, our experience shows that the benefit described above is not far from reality.

Read Full Article


End of Tax Season Party 2017

4/19/2017

Another tax season has come and gone! It may have taken a few extra days to reach the finish line this year, but everyone finally made it to April 18th. To officially end the busy season, we took advantage of the opportunity to celebrate and unwind.

Read Full Article


A Few Reasons Why I Love HR

4/13/2017

"I can't believe you like HR."  

"I could never do what you do."  

"Please don't ever quit because I would never want to do your job."  

These are all statements or questions that I have heard many times over from my work colleagues, my friends, my family, and yes....even one of my former bosses. Allow me to take you on a journey of what HR means to me. This is why I love HR.

 

Read Full Article


2018 HMDA Prep: Get Your LEI and Check Your Digits!

4/6/2017

Every HMDA reporting institution must have a Legal Entity Identifier (LEI), a 20-digit alpha-numeric code containing key reference information that identifies legal entities participating in financial transactions. For example, your LEI might look something like: 10Bx939c5543TqA1144M.  

So... how do I get the LEI?

 

Read Full Article


You Have Your Tax Refund... Now What?

3/31/2017

The size of your refund is based on the amount you overpaid on your taxes during the year.  If you pay in less, your take home pay will be greater.  Essentially you are allowing the government to use your money during the year but for those who are not disciplined savers they may be better off overpaying the government and realizing a refund at the end of the year.  For some, it can be a good way to “force” savings.     

So, you have your tax refund, now what? Everyone’s financial situation is unique, so what may be the best course of action for one individual may not be for another. Generally, you can Save, Spend or Gift it. 

 

Read Full Article


Word to the Wise: Know Your Leadership Style

3/23/2017

What’s the difference between leadership and management? Perhaps management guru Peter Drucker put it best: “Management is doing things right; leadership is doing the right things.” 

As a business owner and leader, you must not only “do the right things,” but you must also inspire others to do the same. According to Daniel Goldman’s well-known Harvard Business Review article, “Leadership That Gets Results,” a manager’s leadership style is responsible for 30 percent of a company’s profitability.

Read Full Article


Document Retention and Destruction: Understanding the Document Lifecycle

3/23/2017

Documents have a distinct lifecycle. They move from being online (production) to near line (easily recoverable) to offline (archived). Knowing what to keep and for how long can be tricky business for law firms.

While it’s important to be able to produce critical documents when they’re needed, maintaining a file longer than necessary can cause trouble. Suppose a client follows standard document retention procedures and disposes of a set of documents. If the law firm retains related documents beyond that retention schedule, those documents then become discoverable in a legal matter. 

The key is to develop document retention and destruction procedures that protect your interests as well as those of your clients.

Read Full Article


Deferred Compensation: How to Mitigate the Risks of an Unfunded Plan

3/23/2017

The past can come back to haunt law firms that made promises to provide retired partners with substantial incomes, sometimes for life. Often, these promises of future benefits were made back in the “old days” when firms were smaller, partner incomes were lower and “for life” didn’t mean as long as it does now.

The problem with these deferred compensation arrangements is that they were often made without funding. Earning partners then became burdened by cash flow obligations to retired partners. The resulting impact on future profits can lead to some worrisome consequences, including these:

Read Full Article


Tax Scam Alert: Fudging Your Deductions

3/17/2017

You are supposed to pay no more than the taxes you owe. 

But,… no less.

Some taxpayers still think they can fudge their numbers and play “audit roulette” with the IRS hoping that they won’t get caught underreporting income or inflating their deductions.  Over the years, the IRS has implemented numerous systems and software programs to improve its ability to detect such things – often with dire consequences to taxpayers when they get that scary letter in the mail informing them that they are being audited.

This is why falsely claiming deductions, expenses or credits on tax returns remains on the annual “Dirty Dozen” list of tax scams.

 

Read Full Article


Do These 7 New Tax Rules Impact You? 2017 Edition

3/9/2017

A new year brings new changes from the IRS. Here is a short list of changes that may affect your 2016 tax return. Please feel free to contact your tax advisor with any questions or concerns you may have about these changes. 

Read Full Article


Important HMDA Changes effective in 2017 and 2018 pursuant to the CFPB's 2015 HMDA Rule

2/28/2017

Happy HMDA submission day. Hopefully all of you have reviewed your LARs and feel pretty good about their accuracy. Now, it's time to start thinking about collecting 2017 data.

First, did you have less than 25 home purchase and refinance entries on your 2016 or 2015 LAR? If so, then you can celebrate, at least temporarily, because you are not subject to HMDA data collection and reporting in 2017. (...we will pause to give you a moment to celebrate...)

Read Full Article


Beware of Fake CharitiesOne of IRS's Dirty Dozen

2/15/2017

Move over “fake news” here comes “fake charities.”

So you have decided to dedicate a portion of your hard earned money to a worthwhile cause in the form of donation.  You also know that in many cases, it’s nice to be able to get a tax deduction for that generosity, where possible.

But what if that charitable organization that came knocking on your door, or via the internet, or telephone call turns out to be a scam?

Read Full Article


Need Guidance on Guidance Lines of Credit?

2/15/2017

It's that time of the year again - to scrub your HMDA-LAR!  For some reason, the topic of Guidance Lines of Credit (GLOC) seem to boggle the minds of lenders and compliance officers, as it pertains to HMDA.  So, here's some guidance.

Read Full Article


Bank Opening Procedures

2/6/2017

While performing branch reviews for our financial institution clients, I have come across several different procedures that bank employees use to access the bank's premises at the beginning of the day.  The process of opening (and closing) the bank building can be the most vulnerable part of the workday for branch employees. 

Read Full Article


Clines Visits Capitol for FICPA's Young CPA Leadership Forum

1/18/2017

Saltmarsh’s Chandra Clines, CPA was invited to participate in the Florida Institute of Certified Public Accountants (FICPA) Accel at the Capitol Event this January.

Read Full Article


Cash Flow Planning Pointers

12/1/2016

Attorneys are often surprised that even with revenue coming in, they can still come up short on cash. Problems occur because cash coming in often lags cash going out. Profits may be reported, yet the practice still experiences a short-term cash shortfall.

Read Full Article


Avoiding Ethical Concerns with Client Funds

12/1/2016

An unsettling number of disciplinary actions against law firms are based on this simple fact: Somehow, an attorney has mismanaged a client’s funds or property.

Read Full Article


Court Cases Illustrate Key Valuation Concepts

12/1/2016

For valuation professionals, there’s never a shortage of interesting court cases to learn from. Here are two recent cases that shed light on the key concepts of tax affecting and loss of value.

Read Full Article


Stop Costly Clients at the Door

12/1/2016

For most attorneys, turning away business is a hard call to make. But the truth is that not all clients are worth having. Unreasonable and over-demanding clients can be costly — they detract from your profitability, productivity and peace of mind.

Read Full Article


Hinson Discusses Cyber Security on Pensacola Business RadioX

11/23/2016

Saltmarsh’s Robby Hinson, a senior in the IT Services Department, joined guests from TIG and Konica Minolta to discuss “The Cyber Security and Internet of Things” on Pensacola Business RadioX.

Read Full Article


Is It Time for a Full-Time CFO?

11/11/2016

Personnel and staffing issues often weigh heavily on a business owner’s mind. It’s important, of course, to have the right people in the right jobs, but executive hiring decisions aren’t always easy.

Read Full Article


Annual Cook Off Raises $830 for Manna Food Pantries

11/1/2016

Our annual cook-off to benefit Manna Food Pantries was held on Friday, October 28th and boasted all kinds of delicious and festive dishes. This year’s theme was all about the spirit of Halloween and, as always, the competition was fierce.

Read Full Article


Who's Counting Your Cash?

10/27/2016

In a world of credit and debit cards, it’s easy to forget the importance of proper cash handling. Hundreds of thousands of dollars disappear from medical practices each year simply because “no one was looking.”

Read Full Article


Saltmarsh Goes Back to School for United Way Day of Caring

10/20/2016

The United Way’s annual Day of Caring found several of our employees out of the office and going back to school. R.C. Lipscomb Elementary needed assistance in cleaning their grounds, and Saltmarsh was glad to help. Our team tackled various tasks from pressure washing and weed pulling to building picnic tables for the kids’ to enjoy during recess.  

Read Full Article


Year-end Tax Moves: Now is the Time to Start Planning

10/12/2016

Taxes are something business owners usually start thinking about early in the year as they get ready for the April 15 tax-filing deadline. However, waiting until then can be a costly mistake — because many tax strategies must be implemented before year-end to be most effective.

Read Full Article


Saltmarsh Leaps into Fall

10/11/2016

Our Pensacola office had a busy weekend! The action began Friday afternoon with a digital scavenger hunt with the University of West Florida’s Beta Alpha Psi chapter. The interactive race sent teams on a hunt for various items and photo-ops around downtown Pensacola. Items on the list included, snapping a picture with a bald man, a team member on a bike, a mid-air team picture and prom-posing on a staircase. A very special thank you to Diane Martinez for organizing this spectacular networking event!

Read Full Article


Saltmarsh Attends the 2016 Gulf Power Symposium

10/7/2016

Representatives from Saltmarsh enjoyed being a part of the Gulf Power Economic Symposium in Panama City. The two-day event focused on the economic landscape of Northwest Florida and the current and future opportunities for economic growth in the region. Speakers included Ken Ford of the Florida Institute for Human and Machine Cognition and Rick Harper of UWF, along with nationally recognized speakers such as Daymond John of Shark Tank and Gov. Rick Scott.

Read Full Article


Saltmarsh Participates in UWF's Meet the Firms Event

9/23/2016

Saltmarsh was proud to participate in the 2016 Meet the Firms event at the University of West Florida. Sponsored by the Iota Phi Chapter of Beta Alpha Psi and the Department of Accounting and Finance in the College of Business, this event allows juniors and seniors within these majors to seek out opportunities for internships and potential jobs with local firms.

Read Full Article


Word to the Wise: How Will New Overtime Rules Affect Your Business?

9/5/2016

The Department of Labor recently published new overtime and worker classification changes to the Fair Labor Standards Act, which will impact more than 4 million workers and their employers.

Read Full Article


Creditors get More Guidance on Upcoming Military Lending Act Expansion

8/30/2016

Last July, the Department of Defense (DOD) expanded the reach of the Military Lending Act (MLA), which protects against high cost and predatory loans to covered members of the armed forces or their dependents.

Read Full Article


Happy Birthday, Greg Storey!

8/19/2016

Greg Storey was a wanted man today at Saltmarsh, Cleaveland & Gund. With cowboy boots, horseshoes, and sheriff badges among other things, employees transformed Greg's office and the surrounding Audit Department into a Wild West saloon in honor of his 60th birthday.

Read Full Article


Saltmarsh Hosts First Bring Your Dog to Work Day

8/18/2016

The Saltmarsh offices in Pensacola and Fort Walton Beach hosted the first Bring Your Dog to Work Day with great success. From gigantic Newfoundland Terriers to energetic Labrador puppies, dogs of all shapes and sizes invaded Saltmarsh on Thursday, August 18th. Dogs and owners met together during two group dog walk times at 10:00 a.m. and 2:00 p.m. to stretch their paws and legs. Even those who did not bring their dog were able to participate by joining in the dog walks or serving as a “baby” sitter when needed.

Read Full Article


Do's and Don'ts for Family Business Owners

8/16/2016

Running a family business has its pros and cons. For many owners, the biggest upside is the opportunity to work with loved ones and build a meaningful enterprise that will last for generations. An oft-cited downside is the difficulty of balancing family and work priorities, and having to be both boss and parent.

Read Full Article


Word to the Wise: Don't Ignore State and Local Tax Liabilities

8/16/2016

With all the responsibilities you have as a business owner, it’s easy to overlook your company’s state and local tax (or SALT) liabilities. These taxes vary widely from one locality to another, and business owners are often unaware that they have SALT liabilities outside their home state. Figuring out what’s owed where can be complicated.

Read Full Article


Plan Participation: Is It Time for Automatic Enrollment?

8/16/2016

There’s no question that participation levels for automatically enrolled 401(k) plans far outpace those for non-automatically enrolled plans. Yet traditionally, plan sponsors have been leery about adding this feature due to substantial penalties for elective deferral failures...

Read Full Article


Law Practice Economics - Riding Herd on Your Biggest Expenses

8/15/2016

When it comes to profits, it’s not always about rainmaking … sometimes it’s about cost cutting. The reality is that reducing expenses — combined with steady or increasing revenue — results in increased profits.

Read Full Article


Buy-Sell Agreements - A Must for Partnerships

8/15/2016

If you’re a business owner, you’re an optimist. And as an optimist, you might assume that you and your partners will have smooth sailing for as long as your company is in business.

Read Full Article


Buyer Beware: How to Perform Proper Due Diligence

8/11/2016

You think you’ve found it — the right company to buy. You’ve made a bid, signed a letter of intent and have the seller’s financial statements. They look good, but is the seller telling the whole story?

Read Full Article


Strategic Recruitment - Winning the War for Talent

8/8/2016

Competition has always been fierce for the legal profession’s best and brightest. The current upturn in the legal marketplace has only heightened the war for top talent — whether it’s a partner with a strong following or an associate with specialized skills who can plug a gap in the firm’s offerings.

Read Full Article


What Small Business Fraud Really Looks Like

7/27/2016

It’s one thing to read statistics about fraud, such as those from the Association of Certified Fraud Examiners (ACFE) stating that the median business loss due to occupational fraud is $140,000. But it’s another thing to read the stories of real-life businesses that have been victimized by fraud...

Read Full Article


Indirect Cost Allocation: Finding Your True Bottom Line

6/20/2016

This article provides guidance to help you find your "true bottom line," which can be accomplished by allocating your indirect costs properly. Since each company has a different cost structure, it is important to implement a systematic approach and allocation method that works with it.

Read Full Article


Dalton and Oyenpemi Earn the Certified Public Accountant (CPA) Designation

6/13/2016

Catie Purdon Dalton and Olateju “TJ” Oyenpemi have recently earned the designation of Certified Public Accountant (CPA). They both passed a four part exam that tested their knowledge in Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.

Read Full Article


Financial Institutions Consultants Receive The Certified AML And Fraud Professional (CAFP) Designation

5/27/2016

We are proud to announce that five of our Financial Institutions Consultants have received The Certified AML And Fraud Professional (CAFP) Designation!

Read Full Article


Investment Insights: Four Questions Your 401(k) Committee Should Ask

5/17/2016

It is important for your company to have a 401(k) committee to discuss key points and make decisions that are in the best interest of participants. Read the article to see what their meetings should entail.

Read Full Article


Practice Management: Fraud Watch - Seven Internal Controls for Law Firms

5/17/2016

Without strict segregation of duties and strong internal controls, unscrupulous employees can take advantage of a lawyer’s lack of attention and perpetrate fraud. Is your firm enforcing internal controls to avoid these issues?

Read Full Article


Litigation Outlook: The Ins and Outs of Using a Neutral Appraiser

5/17/2016

Is a neutral appraiser the optimal way to conduct a business valuation? Other than the time and cost savings both parties may have, not all neutral appraisers are created equal.

Read Full Article


Practice Management: Cross-Selling Your Legal Services - How to Get More Work from Existing Clients

5/17/2016

Your best prospects are your satisfied current clients. Are you cross-selling your services to develop deeper client relationships?

Read Full Article


Succession Planning: Are You Honing Next-Generation Leaders?

5/16/2016

Is succession planning high on your priority list? We review the transition steps that should be taken to develop the next generation of family business leadership.

Read Full Article


Structuring Your Business: CFO, Controller or Both?

5/16/2016

The roles of a CFO and controller usually have misunderstood distinctions. We provide items to consider when your company is structuring and restructuring your company's senior financial management positions.

Read Full Article


Financial Advisor Client Appreciation With the Pensacola Blue Wahoos

5/9/2016

Our Financial Advisory group and clients had a great time at the Pensacola Blue Wahoos game! We had the opportunity to enjoy the game from the New Amsterdam deck with copious amounts of food and drinks for all to enjoy! We even got to celebrate a Blue Wahoo win against the Biloxi Shuckers! We would love to thank the Pensacola Blue Wahoos for welcoming us and treating us to a wonderful time.

Read Full Article


Saltmarsh CPA - Who We Are

Who We Are

Our professionals have the depth of experience, industry knowledge and worldwide resources to help you reach your goals. We put your success above all else as your trusted advisor.

Saltmarsh CPA - What We Do

What We Do

Saltmarsh offers a full range of professional services to accommodate your needs – from tax planning and accounting services to information technology and employee benefits consulting.

Saltmarsh CPA - Who We Serve

Who We Serve

Saltmarsh serves individuals and businesses. Personal attention, access to the right professionals and rapid response is how we serve.

Contact Us

FORT WALTON BEACH
(850) 243-6713

ORLANDO
(407) 203-8990

ST. PETERSBURG
(727) 821-9200

NASHVILLE
(615) 661-0885

PENSACOLA
(850) 435-8300

TAMPA
(813) 287-1111

info@saltmarshcpa.com
(800) 477-7458

Stay Connected

Sign up to receive updates and important information from Saltmarsh!