News & Press ReleasesAll Articles


Doss Moderates UWF Women in Leadership Panel

3/6/2017

Our firm had the opportunity to attend the 4th Annual Women in Leadership Conference: Designing Your Future, hosted by the College of Business Executive Mentor Program at the University of West Florida. The conference was created to help develop women into leaders through empowerment, support, and connections. The day consisted of inspiring speeches, engaging panel discussions, and fulfilling conversations with prominent women from all over the area.

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Reingruber & Company, P.A. Joins Saltmarsh, Cleaveland & Gund

3/1/2017

TAMPA, FLORIDA March 14, 2017 -- Saltmarsh, Cleaveland & Gund is pleased to announce that Reingruber & Company, P.A., of St. Petersburg, Florida and its Nashville, Tennessee-based affiliate have merged with the firm effective March 1, 2017. 

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Heineken and Heppler Earn the Certified Public Accountant (CPA) Designation

2/27/2017

Nicole Heineken and Brandon Heppler 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.

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Saltmarsh Shareholders Speak for South Florida Compliance Association Event

1/23/2017

Saltmarsh shareholders Kristen Stogniew, CFE and Stephen Reyes, CISA, CISSP will be speaking on regulatory and technology subject matters at the South Florida Compliance Association’s February seminar “Ramping Up Consumer Protection.”

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Saltmarsh Partners with Dimensional for The Evolution of Investing

1/18/2017

Saltmarsh Financial Advisors was honored to welcome Apollo D. Lupescu, PhD of Dimensional Fund Advisors (DFA) as a guest speaker for several special events in Pensacola and Tallahassee.

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Saltmarsh, Cleaveland & Gund Announces Internal Promotions

1/4/2017

Saltmarsh, Cleaveland & Gund is proud to announce the following internal promotions as of January 1, 2017.

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Saltmarsh Elects Suzanne Cox as Shareholder

12/12/2016

Saltmarsh is pleased to announce that Suzanne Cox has been elected shareholder as of January 1, 2017.

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Saltmarsh Construction Advisors Host 1st Annual Industry Update

10/31/2016

The Construction Advisors at Saltmarsh hosted a Northwest Florida Construction Industry Update on Thursday, October 27th. The half-day seminar featured local experts speaking on our region’s most important industry concerns and developments. More than 50 clients and friends of the Firm attended the event at the Pensacola Yacht Club. 

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Saltmarsh Opens Eyes to Cyber Threats in Panel Discussion

9/29/2016

Local experts met for a panel discussion on Tuesday, September 27th at Pensacola State College (PSC) to address the complex issues of cyber safety and security. This event, sponsored by Summit Bank, brought together professionals with specific knowledge of how cyber-related issues are impacting the financial, insurance, legal, and technological aspects of our lives and businesses.

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Saltmarsh Hosts 11th Annual Community Bank Events in Tampa

9/28/2016

Our 11th Annual Community Bank Events in Tampa featured three unique sessions with subject matter experts who focused on topics relevant in today’s banking and financial landscapes. The Compliance Funnel, which kicked-off the two-day event, featured speakers covering a broad range of issues from social media marketing and CRA best practices to regulatory concerns regarding the Telephone Consumer Protection Act (TCPA) and vendor management. Ethan Wall, president and founder of Social Media Law and Order, focused on how financial institutions can craft better social media strategies to avoid legal issues, both internal and external.

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Stogniew Hosts First CMO Roundtable on Social Media

8/31/2016

Last week, Kristen Stogniew, Shareholder in the Financial Institution group of Saltmarsh, Cleaveland & Gund, hosted our inaugural CMO Virtual Roundtable Series. Eighteen bank marketing professionals and executives joined into the discussion, which focused on challenges and ideas in using social media. Some of the most compelling topics were as follows:

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As Business Picks Up, Cash Flow Is Critical

6/20/2016

As business is growing rapidly for contractors, good cash flow management is the key to avoid production issues in the future. We offer tips on how to apply sound cash management practices.

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Saltmarsh Attends the 2016 Florida Bankers Annual Meeting

6/10/2016

Our Financial Institutions Team had an absolute blast at the Florida Bankers Association Annual Meeting in Miami Beach earlier this week! The 3 day conference was jam-packed with great speakers and wonderful company to enjoy the conference with.

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Doss Graduates From Leadership Florida Class Of XXXIV

6/6/2016

Saltmarsh Financial Advisors is pleased to announce that Christina Doss, AAMS® has graduated from the Leadership Florida Class of XXXIV. The goal of the ten-month educational program is to expose the 55 community leaders from across the state to a broad range of statewide critical issues with the objective of breaking down regional barriers and increasing statewide engagement and collaboration to positively impact the State’s economic development and quality of life.  Subject matter experts addressed the group on topics ranging from Florida’s healthcare, education, natural resources and the ecosystem, the military’s impact on the state, Florida’s legislative process and the state’s diverse population.  

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Maintain Up-to-Date Corporate Minutes

6/1/2016

We review the most frequently overlooked regulatory requirements - the need to hold regular shareholder meetings and maintain accurate corporate minutes. This doesn't have to be a burdensome requirement, and compliance could save you considerable cost and risk in the future.

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Saltmarsh Hosts the Pensacola Business Leaders Funnel

5/13/2016

- Click here to view the event video that includes commentary from our guests and speakers - 


On Wednesday, May 11th, Saltmarsh, Cleaveland & Gund hosted the Pensacola Business Leaders Funnel at Skopelos at New World. More than 100 business owners and community leaders gathered to hear subject-matter experts weigh in on topics such as the 2016 presidential election, healthcare reform and the ever-changing role of cyber security. 

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Mostert Recognized as the 2015-2016 Leader of the Year by Pensacola Young Professionals

5/2/2016

We are proud to announce that Jen Mostert has received the “2015-2016 Leader of the Year” award from Pensacola Young Professionals! She currently serves as their treasurer and is a valued member their board.

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Managing Risk: Fraud Deterrence Is Always a Priority

4/6/2016

The increasing rate of new jobs and opportunities demanding attention from business owners decreases their time for strong internal controls. This article examines current fraud trends and provides useful steps that your company can take to make yourself less vulnerable.

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Jackson Featured on 2016 Power List

3/31/2016

We are proud to announce that shareholder, Ron Jackson is feaured on the 2016 InWeekly Power List!

This demonstrates the level of leadership and expertise that he brings to our firm and the community at large. Congratulations, Ron!

To view the complete 2016 Power List, please click here

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Gabes Featured on BlabTV

3/9/2016

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2016 Women in Leadership Conference

3/7/2016

Last Friday, our firm had the opportunity to attend the Women in Leadership Conference, hosted by the College of Business Executive Mentor Program at the University of West Florida. The conference was created to bring women together to learn about empowerment, professional development and shaping the future of Pensacola through working together.

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Doss Featured in Penscola Business Radio Interview

2/15/2016

Last week, the managing director of Saltmarsh Financial Advisors, Christina Doss was featured in a Pensacola Business Radio interview with Dr. Sherry Hartnett of University of West Florida and Julie Sheppard of Florida Institute for Human and Machine Cognition. This episode is part of the Women in Leadership series, concentrating on career changes and transitions.

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Financial Reporting: VIE Rules Can Cause Confusion

1/29/2016

As construction companies deal with complex financial reporting requirements, they may encounter "variable interest entities," meaning that owners may have other financial interests. We provide pointers and how to determine if you need a more detailed review.

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Mostert Receives Rising Star Award

1/28/2016

We would like to congratulate Jen Mostert for receiving the "Rising Star" award from Independent News! This award is given to individuals that are excelling in their profession and contributing to the local community.

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Doss to speak at Women in Leadership Conference

1/6/2016

Christina Doss, AAMS, of Saltmarsh Financial Advisors has been invited to participate in the Women in Leadership conference, hosted by University of West Florida.

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Saltmarsh, Cleaveland & Gund Announces 2016 Internal Promotions

1/5/2016

We are proud to announce the internal promotions at Saltmarsh, Cleaveland & Gund.

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Today's Labor Market: The Search for Skilled Workers

11/30/2015

We provide short-term and long-term approaches that contractors may implement to find talent during the current shortage of skilled workers.

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Economic Legislative & Policy Summit: Summary of Agenda

11/23/2015

This article reviews John's experience at the Economic Legislative & Policy Summit sponsored by alliantgroup.

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Kristen Stogniew, Esq., CFE to Speak at 11th Annual BSA/AML School

10/7/2015

Kristen Stogniew, Esq., CFE will be presenting at the 11th Annual BSA/AML School, hosted by the Florida Bankers Association in Orlando, Florida.

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Growth Strategies: Things to Consider when Evaluating an Acquisition

10/1/2015

The construction industry has been experiencing strong merger and acquisition (M&A) activity in the past year. This article reviews useful information to identify attractive acquisition targets and avoiding issues that may arise.

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The 10th Annual Community Bank Technology and Compliance Funnels & Executive Forum

9/28/2015

The Bank Advisors at Saltmarsh hosted their 10th Annual Community Bank Events on September 24th and 25th at the University Club in Tampa, Florida. More than 200 representatives from community banks across the southeast attended this year, our largest and most successful event to date!

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Saltmarsh Recognized at 2015 Pensacola Chamber Annual Meeting

9/18/2015

We were honored to be recognized as "long-standing partners" at the Greater Pensacola Chamber's 2015 Annual Meeting.

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Valuation Corner: Best Practices for Buy-Sell Agreements

7/7/2015

What’s the best valuation method for a buy-sell agreement? This question is the subject of much debate among business owners, valuation analysts and financial advisors.

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Saltmarsh Financial Advisors Educational Events Featuring Mitch Chamberlain

6/19/2015

We were honored to have Mitch Chamberlain, Regional Director of Dimensional Fund Advisors (DFA) as a guest speaker for a Dimensional Introductory event that was hosted by Saltmarsh Financial Advisors.  

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Claims Management: Quick Response is Critical When Disputes Arise

5/1/2015

Construction projects are highly intricate, especially with the amount of variables and people involved. Disputes are inevitable and this article highlights how to properly tend to disputed claims with minimal damage.

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Ron Jackson Featured in the 2015 Power List

4/10/2015

We are proud to announce that our President, Ron Jackson has been featured in InWeekly's 2015 Power List!

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Forecasting for Success: A Process, Not an Event

3/4/2015

Forecasting is the active approach to managing the growth and success of your company. This article highlights the extensive benefits that forecasting can bring to your business.

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Dodd Frank Act Integrated Mortgage Disclosures Meeting - Tampa, Florida

2/23/2015

The 20-year wait is almost over. The final Integrated Mortgage Disclosure Rule under the Dodd Frank Act will be effective August 1, 2015. This Rule replaces the existing disclosure forms and procedures with a different approach to residential mortgage lending. 

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New Revenue Recognition Standard: Manageable Changes for Long-Term Contracts

2/2/2015

Within the next couple years, construction companies will be required to follow a new revenue reporting standard. This article discusses the challenges and ways to adapt to the new requirements.

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Purdon Receives Rising Star Award

1/29/2015

We would like to congratulate Catie Purdon for receiving the "Rising Star" award from Independent News!  This award is given to individuals that are excelling in their profession and contributing to the local community.

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Saltmarsh Financial Advisors Hosts Series Of Educational Events Featuring Dr. Apollo Lupescu

1/16/2015

We were honored to sponsor Apollo D. Lupescu, PhD of Dimensional Fund Advisors (DFA) as a guest speaker for various Saltmarsh Financial Advisor events.

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Kristen Stogniew, Esq., AAP to Speak at Information Interchange Conference

1/6/2015

Kristen Stogniew, Esq., AAP, will be speaking at Information Interchange Conference. The event will be held in Orlando, Florida on February 24-26, 2015.

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Are You at Risk? Internal Controls Help Deter Fraud

12/1/2014

Learn how your company can prevent becoming a victim of fraud with preventative measures.

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Glenn Scharf, Listed In the Top 10 List

11/24/2014

Glenn Scharf has been featured as one of the "Top 10 Public Accounting Professionals" in Florida by The National Academy of Public Accounting Professionals.

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Wayne Sumlin, CPA to Join Saltmarsh, Cleaveland & Gund

11/21/2014

Wayne Sumlin, CPA to Join Saltmarsh, Cleaveland & Gund on January 1, 2015.

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InWeekly: Best of the Coast 2014

10/2/2014

We are proud to announce that Saltmarsh has been recognized in Independent Weekly's Best of the Coast Awards Campaign. Our own firm president, Ron Jackson was voted "Best Local Boss", while the firm as a whole placed as finalists in the "Best Place to Work"  and "Best Financial Advisor" categories.

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Contractor Dashboard: Key Indicators Track Performance

9/3/2014

The correlation between Key Financial Indicators (KFIs) and the growth of your company

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Financial Advisors Featured in Local Workforce Spotlight

7/17/2014

One of our Financial Advisors, Gregg Noble is featured in the Pensacola News Journal discussing financial planning and wealth management. We are pleased to discuss our financial philosophy and practices that our firm puts in place in order to help our clients navigate through financial decisions. 

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Financial Advisors Launch New Website

7/10/2014

Saltmarsh Financial Advisors is proud to announce the premier of their new and improved website. The advancement of our website has been made to better serve you. We have integrated user-friendly navigation features, updated information and essential content to make our website a valuable resource to our clients.

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2014 Best of the Bay Announcement

7/2/2014

We are proud to announce that we have been named "Best of the Bay" finalists for two categories in Pensacola News Journal's award campaign. It is an honor to be recognized in the Best Financial Advisor and Best Financial Planning Firm categories by our local community. 

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Casualty Losses

6/2/2014

The recent torrential rains and flooding conditions in the Pensacola area present us with the need to remind folks about the tax rules surrounding casualty losses.

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How the New Repair Regs Will Impact Your Contracting Firm

5/30/2014

After nearly a decade of issuing a long series of proposed and temporary regulations, the IRS has finally issued final regulations providing guidance to help contractors determine how to treat repair and maintenance expenditures related to tangible property from a tax perspective.

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The Bank Advisors Launch New Website

4/14/2014

The Bank Advisors at Saltmarsh, Cleaveland & Gund are proud to announce the launch of their new and improved website.  This new design features the same valuable content and resources now integrated in a new, user-friendly format and navigation that adapts to your computer, tablet or smartphone.

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Pete Lazzari and Suzanne Cox to Speak at Financial Seminar Series

2/10/2014

Saltmarsh's Pete Lazzari and Suzanne Cox will be teaming up with Associated Builders and Contractors (ABC) Florida Gulf Coast for a financial seminar series in Tampa, FL.  The series will consist of three seminars covering hot accounting topics concerning builders and contractors across the country.

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Kendra Fendt Memorial Fund for Meredith Fendt

1/28/2014

The Saltmarsh family mourns the tragic loss of Kendra Fendt who passed away Thursday, January 9, 2014. Our thoughts and prayers go out to her husband Ed, her daughter Meredith and her entire family during this difficult time.

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John Mascaro completes CCH IRS Representation Course

10/22/2013

Congratulations to Senior Manager John Mascaro for completing the CCH IRS Representation course.

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Medicare Two Midnight Rule Enforcement Relaxed

10/18/2013

The Centers for Medicare and Medicaid Services (CMS) announced that it will ease enforcement of the “two-midnight rule” through December 31 of this year...

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Kristen Stogniew to Speak at 9th Annual BSA/AML School

10/3/2013

The Florida Banker's Association will be holding their 9th Annual BSA & AML School at The Florida Hotel & Conference Center in Orlando, Florida on October 16th, 17th and 18th.

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Glenn Scharf, CPA, CVA to present "Understanding the Research and Development Tax Credit" with CCH Seminars

9/5/2013

On Thursday, September 19, 2013, Glenn Scharf, Saltmarsh Shareholder will present a two-hour online CPE seminar,"Understanding the Research and Development Tax Credit" with CCH seminars.

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Saltmarsh and Associates Insurance Agency Host Construction Industry Seminar

8/7/2013

Suzanne Cox, CPA of Saltmarsh and Anne Bokas of Associates Insurance Agency will host an informative update on the Affordable Healthcare Act and its impact on the Construction Industry in the Tampa, Florida area.

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Impact on Retirement Plans of Supreme Court Ruling on DOMA

7/29/2013

The Supreme Court, in U.S. v. Windsor, ruled on June 26, 2013 that Section 3 of the federal Defense of Marriage Act (DOMA) is unconstitutional...

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The Rejection of DOMA and Its Impact on Same-Sex Married Couples

7/12/2013

The Supreme Court’s recent decision striking down Section 3 of the Defense of Marriage Act (“DOMA”) will have a significant impact on same-sex married couples. Here are some ways that they are affected.

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Suzanne Cox to Appear on WTVT Fox 13 Tampa Bay

4/2/2013

Be on the lookout for Saltmarsh tax professional, Suzanne Cox, throughout the next few weeks!  She'll be appearing in several upcoming tax segments on WTVT Fox 13 Tampa Bay between now and April 15th.  

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Happy 100th Birthday, Mrs. Gund!

3/20/2013

Mrs. Gund had a great time at the Country Club today for her 100th birthday lunch!  Happy Birthday from all of us here at Saltmarsh, Cleaveland & Gund!

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Green Construction: It's More Than Just a Fad

3/1/2013

In 21st century America, it seems that everybody is “going green.” It’s hard to open a newspaper or magazine or watch TV without hearing about one organization or another that’s going green or implementing new environmental “sustainability practices.”

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Extended Provision: Qualified Charitable Contributions

2/6/2013

Included within the list of expiring provisions that Congress recently extended is a provision that permits IRA owners above age 70 ½ to make Qualified Charitable Contributions...

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Congratulations to Philip de Boer, Brad Mostert, Josh Strickland and Nicole Fife on 2013 Promotions

1/14/2013

The following promotions at Saltmarsh, Cleaveland & Gund are effective January
1, 2013:

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Saltmarsh Elects Stephen Reyes as Shareholder

1/14/2013

Saltmarsh is pleased to announce that Stephen Reyes has been elected to shareholder as of January 1, 2013.

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Update on New Temporary Repair and Maintenance Regulations

10/16/2012

For many years, the IRS and contractors have waged an undeclared battle over expensing vs. capitalizing various expenditures. Read more about this subject in an article by one of our Construction Advisors.

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Annual Fun Day

9/26/2012

It's that time of year again!  Friday, September 21st, the FWB office celebrated their annual Fun Day!  This year's festivities included lunch at the Mellow Mushroom in Destin, followed by a trip to Arnett's Gulfside Trail Rides in Santa Rosa Beach for some horseback riding!  The group had a great time as always!

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Meet the Firms

9/25/2012

On Thursday, September 30, Saltmarsh participated in Beta Alpha Psi's Meet the Firms event at the University of West Florida.  We were among approximately 30 firms in the area who took part in the networking event with some of the University's accounting and finance students.

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Denice G. Miller, CPA and Glenn S. Cox, CPA have joined the firm's Orlando office

9/25/2012

Denice and Glenn join us through our acquisition of the Financial Institution Practice of Averett, Warmus, Durkee, Osburn, Henning and will now work with Paul Allen who opened our Orlando Office earlier this year.

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A Saltmarsh Love Story

9/18/2012

We are proud to announce that two of our own "tied the knot" on September 8th, 2012.  Friends and family of Brad Mostert and Jennifer Elkins gathered for a beautiful ceremony at Pine Forest United Methodist Church followed by a reception at Paul's on the Bay.  

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Saltmarsh Professionals Earn Designation of Construction Industry Technician (CIT)

9/13/2012

Ten members of the Saltmarsh Construction Industry team have recently earned the designation of Construction Industry Technician (CIT)

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John Watton, AAAPM Obtains Professional Designation

8/21/2012

The Association for Accounting Administration recognizes John Watton as an Accredited Administrator in Accounting Practice Management (AAAPM)

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Internal Revenue Service: Summertime Tax Tip

7/24/2012

Internal Revenue Service: Summertime tax tip: Vacation homes: Rentals 

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Estimates Of Chargebacks And Rebates May Be Sufficient To Meet The 'All Events Test' For Deductibility

7/19/2012

Companies which utilize third party wholesalers may negotiate chargebacks and rebates as part of their sales contracts. This is particularly common in the pharmaceutical industry. To the extent that the wholesaler is unable to sell the product at a specified price, the manufacturer is often contractually obligated to provide rebates or chargebacks to compensate for the price differential.

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IRS Issues Sample Format For Making Section 83(B) Elections

7/19/2012

Late in June the Internal Revenue Service (IRS) issued Revenue Procedure 2012-29, which provides a model form that employees and independent contractors may use to make an election to be taxed under Internal Revenue Code section 83(b) with respect to the receipt of restricted property (typically restricted stock in a company or a restricted equity interest in a non-corporate entity). 

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Loeffler earns the designation of Certified Public Accountant (CPA)

7/17/2012

Jason Loeffler, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of Certified Public Accountant (CPA).

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Saltmarsh welcomes Paul S. Allen as shareholder

5/29/2012

Saltmarsh is pleased to announce that Paul S. Allen has joined Saltmarsh as a Shareholder and will be opening an Orlando area office.

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New ERISA Service Provider Disclosure Requirements

5/21/2012

On February 3, 2012, the U.S. Department of Labor issued the long-awaited final service provider fee disclosure regulation under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974 (ERISA). The regulation requires...

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Robin Larrieu featured in Pensacola Independent News

5/18/2012

Saltmarsh Network Engineer, Robin Larrieu, is currently featured in the Pensacola Independent News feature, "My Pensacola."  The regular feature is a profile of a Pensacola resident's favorite things about our great city.

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Coffee, Anyone??

4/27/2012

Ron Jackson's beloved coffee mug has been missing for quite a while now ... but today, it seemed there was a break in the case ...


But, alas, the elusive mug was nowhere to be found ... and the mystery continues!

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Suzanne Cox Appears on Tampa FOX 13

2/13/2012

Suzanne Cox, CPA, of our Tampa office talks about stolen tax returns.

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Suzanne Cox Featured on Tampa's Fox 13

2/13/2012

Suzanne Cox, CPA, was recently featured in a news story on Tampa's Fox 13 about stolen tax returns.

During the interview, she talks about being a victim herself, and gives tips on how to recognize when fradulent activity is happening to you.

View the video on our website at www.saltmarshcpa.com/cpa-news

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Larrieu, Smith Named Rising Stars

1/26/2012

Congratulations to Robin Larrieu and Justin Smith for being named to the Pensacola Independent News Rising Stars 2012 list!

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Bill Massey Quoted in American Banker

1/26/2012

Bill Massey, CPA, Shareholder, has been quoted in the latest edition of American Banker and on AmericanBanker.com.

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Saltmarsh Announces 2012 Promotions

1/10/2012

Please join us in congratulating the following individuals who have been promoted as of January 1, 2012:


Suzanne Cox, CPA has been promoted to Senior Manager in the Audit Department of the Tampa office of Saltmarsh, Cleaveland & Gund. Suzanne has been practicing in this field since 2003,  and her experience includes audit, accounting, taxation and consulting services. Her areas of expertise include development, construction and manufacturing companies. Prior to working in public accounting Suzanne worked as an Information Systems Consultant for a private accounting software firm.



Cedric Durre has been promoted to Manager in the Information Technology Services Department of Saltmarsh, Cleaveland & Gund. He has been practicing in this field since 2001, and his experience includes networking and information technology. He also has experience working in internet service provider infrastructure and datacenter environments.


Lisa Goodwin, CPA has been promoted to Senior in Audit Department of the Fort Walton Beach office of Saltmarsh, Cleveland & Gund and provides audit and assurance services to clients. She joined the firm in October 2008 and her areas of concentration include non-profit, governmental, condominiums, and homeowners’ associations.



Alexandria O'Brien has been promoted to Senior in the Audit Department of the Tampa office of Saltmarsh, Cleaveland & Gund. Since joining Saltmarsh in 2008, she has worked in our accounting and audit department serving our financial institution clients, private companies and nonprofit organizations.

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Legislative Alert - Update on IRS Form 1099 and Other Payment Returns

1/10/2012

Background

An information return is a tax document businesses are required to file to report certain business transactions to the Internal Revenue Service (IRS). The requirement to file Information Returns is mandated by the Internal Revenue Service and associated regulations.

Any person, including a corporation, partnership, individual, estate, and trust, who engages in reportable transactions during the calendar year must file information returns to report those transactions to the IRS. Persons required to file Information Returns to the IRS generally must also furnish statements to the recipients of the income. Filers of 250 or more such returns must file these returns electronically with IRS.

Key Developments & Observations

• Earlier in 2011, previously expanded Form 1099 rules – that were originally passed as a component of the Patient Protection and Affordable Care Act of 2010 – were repealed. If the rules had not been repealed, effective for payments made after December 31, 2011, the general requirement for information reporting by all persons engaged in a trade or business who make payments in any tax year aggregating $600 or more to a single payee would be expanded to include payments made to a corporation (but not payments to a tax exempt corporation). Additionally, the class of payments for which reporting is required would be expanded to include all amounts paid in consideration for property, and other gross proceeds for both property and services.
• Starting January 1, 2011, brokers required to file Form 1099-B regarding a covered security must also report the customer’s adjusted basis in the security and whether any gain or loss with respect to the security is long term or short term.

• An entity should use Form W-9 to request the taxpayer identification number of a U.S. person (including a resident alien) who will receive an information return.

• An entity should use the appropriate Form W-8 for foreign persons who will receive an information return.

For more information or to ask questions about this legislative alert, contact one of our tax and accounting advisors at 800-488-7458, or visit our website to learn more.
© 2011 EisnerAmper LLP

This publication is intended to provide general information to our friends. It does not constitute accounting, tax, or legal advice; nor is it intended to convey a thorough treatment of the subject matter.

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Jim Speed Retirement

1/6/2012

This week, Saltmarsh celebrated the retirement of Jim Speed.  Jim spent more than 30 years of his public accounting career at Saltmarsh and spent a portion of his time here as the shareholder in charge of retirement plan accounts, profit sharing plans and flexible medical and dependent care spending accounts.

We surprised Jim with a reception in the community room and a slide show of images of him at the firm through the years.  We are grateful for Jim's commitment to the firm and we wish him a very happy retirement!

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Payroll Tax Cut Temporarily Extended into 2012

12/23/2011

The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, continuing the reduction of their Social Security tax withholding rate from 6.2 percent to 4.2 percent of wages paid through Feb. 29, 2012.

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IRS Announces 2012 Standard Mileage Rates

12/13/2011

WASHINGTON — The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

• 55.5 cents per mile for business miles driven

• 23 cents per mile driven for medical or moving purposes

• 14 cents per mile driven in service of charitable organizations

The rate for business miles driven is unchanged from the mid-year adjustment that became effective on July 1, 2011. The medical and moving rate has been reduced by 0.5 cents per mile.

The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs as determined by the same study. Independent contractor Runzheimer International conducted the study.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously.

These and other requirements for a taxpayer to use a standard mileage rate to calculate the amount of a deductible business, moving, medical, or charitable expense are in Rev. Proc. 2010-51.

Notice 2012-01 contains the standard mileage rates, the amount a taxpayer must use in calculating reductions to basis for depreciation taken under the business standard mileage rate, and the maximum standard automobile cost that a taxpayer may use in computing the allowance under a fixed and variable rate plan.


At Saltmarsh, our tax consultants work full time to keep up with the constant changes in our tax laws. We develop strategies that will allow you to take full advantage of the law, and we use our best judgment and experience to advise you as to what actions you can take to reduce your tax burden. Learn more about tax and accounting services by visiting our website at www.saltmarshcpa.com.

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Lee Bell Quoted in Article on Community Banking

11/30/2011

Lee Bell, Tampa based Shareholder, was recently quoted in an article written by Margie Manning of the Tampa Bay Business Journal regarding Tampa area community banks. Below is an excerpt of that article.

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QuickBooks Tips & Tricks: How can I change the look of the forms in QuickBooks?

11/15/2011

Intuit has updated the way you can customize forms in QuickBooks.  You now have two options for customization that you can use together to make changes to your forms.


If you choose the second option, “Customize Data Layout”, it will take you to the customization options you are used to seeing in QuickBooks as shown below.

The viewing pane on the left allows you to select the fields that will appear on your form either on-screen and/or on the printed form. For example, on the screen shot above, the “REP” field is selected only to show on the screen. This field will only be visible when you are filling out the invoice. It will not print on the hard copy of the invoice itself. This allows you to specify what your customer sees and reduces the clutter on the form.

 The second tab allows you to select which columns will appear on screen or on the form. You can also change the default title for fields such as “service date” to “serviced”. The order column determines the position of each column on the form. The item field is selected to show only on-screen so the first printed column on the hard copy of the invoice is the “description”.

The “Prog Cols” and “Footer” tab provide the same print and order option for Estimates, Sales Orders and the Footer.

On the final tab you can set printing options for the form. The default is to use the settings from the Printer Setup but you can choose to set a different orientation, copies etc. for this form including customizing the paper size.


The Basic Customization screen options allow you to change the font for field descriptions; apply a color scheme and select which company and transaction information will print on the form.

By selecting the Layout Designer button on the bottom of the screen, a window opens that shows the invoice as a grid with the fields currently used positioned on the grid as they appear when printed. 


You can move, resize or delete the fields by selecting them one at a time; or clicking into the grid and holding the left mouse button down, then circling the fields you want to modify. When you release the mouse button the circled fields will be selected. You can move them as a group to another position on the form or delete them.

 If you select the first customization option, “Create New Design” this will take you to the Intuit on-line QuickBooks Forms Customization. This expands your customization options. You can add a company logo or select a background as well as upload your own personal background.


Step two will customize the colors, fonts and company information that displays as shown below.
Step three customizes the grid style for your form and how it will print on the hard copy. 
 

Step four shows the final result of your customizations.  At this point you can confirm the final copy and apply it to your form.  It will require you to sign in with the username and password you set up for your Intuit account when you installed the software.


The advantage to using this customization option is that you have many more choices available on-line from Intuit and from other users like you who are happy to share their set up.

 If you would like help on setting up these forms, please call any of our QuickBooks ProAdvisors at (850) 435-8300. If you have any other QuickBooks questions or problems we will be happy to help you solve them.


**These tips are based on the 2012 version of QuickBooks.

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Saltmarsh Wins 1st Place for Small Business at YMCA Corporate Cup Games

10/24/2011

Saltmarsh won 1st place in the small business division at the 2011 YMCA Corporate Cup games which were held at the University of West Florida on October 22, 2011.

Members of the winning team included:
Aimee Brady, Angelika Cope, Cedric Durre, Christina Maslen, Christopher Stark, Danny Brady, Diane Martinez, Jared Tyler, Kate Tyler, Leslie Jackson, Lisa Fairbanks, Rob Harms, Robby Hinson, Robin Larrieu, Ron Jackson, Stephanie Hirst, Stephen Hirst, Stephen Reyes

1st place events:
Obstacle course
Crazy Raft Relay
4x50 Quick Change Relay

2nd place events:
Eggesecutive Toss
3rd place events:
One-Mile Run
Closet to the Pin
Pumpkin Swim Relay

Go Team Saltmarsh! We can't wait to participate again next year!


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Saltmarsh Technology Funnel and Community Bank Executive Forum

10/12/2011

On Thursday, October 6th and Friday October 7th, Saltmarsh hosted the annual Technology Funnel and Community Bank Executive Forum at the Tampa Club in Tampa, Florida.  More than 50 participants heard timely information regarding technology in community banking during the Thursday session, while more than 90 bank executives gathered for Friday's event.

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Fort Walton Beach - Annual Fun Day

9/20/2011

The FWB office enjoyed their annual Fun Day on Friday. The afternoon began with lunch at Moe's, followed by bumper boats, putt putt golf, race cars and bumper cars at The Track and ended with ice cream at Marble Slab. The coveted Fun Day trophy passed from Teri Elkins to Nicole Fife to proudly display for the next year. Thank you to Glenn for another great Fun Day!












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Lee Bell Quoted in Tampa Bay Business Journal

8/15/2011

Tampa, FL -- Shareholder Lee Bell was quoted in an article reporting on community banks in the Tampa metropolitan area in the Friday, August 12 edition of the Tampa Bay Business Journal. 

Click Here to view the entire article, including Lee Bell's quote on bank portfolios.

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Saltmarsh Hosts Anti-Money Laundering Seminar

8/12/2011

Saltmarsh hosted (together with the Anti-Money Laundering Association and the Association of Certified Fraud Examiners) a seminar, Understanding and Detecting Money Laundering - for financial institution clients and friends. The speaker was Jonathan Turner.

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IRS Provides Limited Extension of August 31, 2011 Deadline for Offshore Voluntary Disclosure Initiative

8/3/2011

Background

For U.S. taxpayers not fully disclosing their offshore financial accounts on required foreign bank account reports (FBARs) for part or all of the eight years 2003-2010, the U.S. Treasury Department has adopted a new Offshore Voluntary Disclosure Initiative (OVDI) limiting penalties on such late disclosures. This has been scheduled to close on August 31, 2011, by which date all documents must be submitted by the taxpayer.

Observation: This August 31, 2011 deadline has not provided taxpayers and their advisors much time to enter the new OVDI and provide all relevant documents to the Internal Revenue Service (IRS).

Limited extension of deadline

Recognizing that taxpayers may not be able to make a complete submission by August 31, 2011, the IRS has updated its Frequently Asked Questions and Answers under the OVDI as follows:

“FAQ 25.1. A taxpayer may request an extension of the deadline to complete his or her submission if the taxpayer can demonstrate a good faith attempt to fully comply with FAQ 25 [discussing submissions required to enter the OVDI] on or before August 31, 2011.”

Observation: The FAQ contemplates a maximum extension of up to 90 days, or until November 30, 2011.

The FAQ provides three conditions to such an extension:

1. Filing of properly completed and signed agreements to extend the period of time to assess tax (including tax penalties) and to assess FBAR penalties;

2. Including in the request for extension a statement of those items that are missing, the reasons why they are not included, and the steps taken to secure them; and

3. The request being made in writing and sent on or before August 31, 2011 to: Internal Revenue Service, 3651 S. I H 35 Stop 4301 AUSC, Austin, TX 78741, ATTN: 2011 Offshore Voluntary Disclosure Initiative.

Observation: The FAQ does not provide examples of reasons for missing items and steps taken to secure them, which will help demonstrate a good faith attempt to comply. However, many taxpayers and advisors have experienced difficulties or delays in obtaining complete details of foreign financial accounts, in spite of written and other inquiries to institutions holding those accounts.

If you have any questions regarding the above, please contact Saltmarsh, Cleaveland & Gund, (850) 435-8300.
© 2011 EisnerAmper LLP

This publication is intended to provide general information to our friends. It does not constitute accounting, tax, or legal advice; nor is it intended to convey a thorough treatment of the subject matter.

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Hager and Stogniew - Two Good Cops at the Florida School of Banking

8/1/2011

Gainesville, FL - Two of our banking shareholders, Alex Hager and Kristen Stogniew kicked off the 2011 Florida School of Banking for it its Junior class today on the campus of the University of Florida. Alex and Kristen covered the topics of, "How to Survive a Safety & Soundness Exam" and "How to Survive a Compliance Exam". There was no 'good cop/bad cop' here as they worked together to shed light on regulatory compliance to the future leaders of Florida banking.


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New Guidance Phases in FATCA Implementation

7/19/2011

Recently, the IRS issued Notice 2011-53, the third Notice that addresses the Foreign Account Tax Compliance Act (FATCA), which was enacted in March 2010. Title V of that Act was about making sure that Americans could not hide assets in foreign bank accounts and essentially evade U.S. tax laws.

FATCA requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold a substantial ownership interest. In order to avoid being withheld upon under FATCA, a participating FFI will have to enter into an agreement with the IRS to:

• Identify U.S. accounts,

• Report certain information to the IRS regarding U.S. accounts, and

• Withhold a 30% tax on certain payments to non-participating FFIs and account holders who are unwilling to provide the required information.

FFIs that do not enter into an agreement with the IRS will be subject to withholding on certain types of payments, including U.S. source interest and dividends, gross proceeds from the disposition of U.S. securities, and pass-thru payments.

The prior two Notices, 2010-60 and 2011-34 outlined the way in which the IRS expects to implement the law. These are the basis for "final regulations."

Many banks, brokers, funds and others affected by the impending regulations lobbied for repeal or significant revisions More recently, there have been calls for some kind of phased implementation to allow firms to assess the nature and scope of changes they need to make both to client-facing procedures such as account opening, and to back office systems which, in some cases, may need to be re-built.

Notice 2011-53 essentially spreads the implementation period out across 2013 to 2015 with different bits of the regulation coming into force at different times.

Notice 2011-53 provides a more workable timeline for FFIs and U.S. withholding agents to implement the various requirements of FATCA. Specifically, the notice phases in the implementation of FATCA in the following manner:

• An FFI must enter an agreement with the IRS by June 30, 2013, to ensure that it will be identified as a participating FFI in sufficient time to allow withholding agents to refrain from withholding beginning on January 1, 2014.

• Withholding on U.S. source dividends and interest paid to non-participating FFIs will begin on Jan. 1, 2014, and withholding on all withholdable payments (including on gross proceeds) will be fully phased in on Jan. 1, 2015.

• Due diligence requirements for identifying new and pre-existing U.S. accounts (including certain high-risk accounts) will begin in 2013. Reporting requirements will begin in 2014.

• For purposes of the Notice, high risk accounts include private banking accounts with a balance that is equal to or greater than $500,000.

If you have any questions, please contact Saltmarsh, Cleaveland & Gund, (850) 435-8300.

© EisnerAmper LLP 2011


This publication is intended to provide general information to our friends. It does not constitute accounting, tax, or legal advice; nor is it intended to convey a thorough treatment of the subject matter.

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Starratt Earns QPA Designation

6/30/2011

Heather M. Starratt, ERPA, QKA, a Manager in the Retirement and Medical Plans Department at Saltmarsh, Cleaveland & Gund has received the designation of Qualified Pension Administrator (QPA) from the American Society of Pension Professionals & Actuaries (ASPPA).

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Elkins earns the designation of Certified Public Accountant (CPA) and promotion

6/15/2011

Jen Elkins, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of Certified Public Accountant (CPA) and has been promoted to Senior.  Elkins passed a four part exam that tested her knowledge in Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.

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Happenings during a power outage...

6/15/2011

During a 4 1/2 hour power outage yesterday... the audit staff got a bit mischievous... hope Brad was thristy when he returned to his desk!

Apparently squirrels should not be hanging out on power pole transformers ...

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Elkins earns the designation of Certified Public Accountant and promotion

6/15/2011

Jen Elkins, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of Certified Public Accountant (CPA) and has been promoted to Senior.

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Temporary Decrease in Self Employment Taxes

6/6/2011

Did you know for 2011 the FICA portion of self-employment tax has decreased 2% for 2011?  The temporary rate is 10.4% (down from 12.4%) up to the social security limit of $106,800 on net earnings from self-employment.  If you expect to owe at least $1,000 in tax  for 2011 after taxes withheld, you are generally  expected to pay quarterly estimated tax payments.  If you base your quarterly estimated tax payments on 90% of the tax expected to be shown on your 2011 tax  return, you may be able to reduce your quarterly estimated tax based on your net income from self-employment by the 2% temporary FICA tax reduction.  Consult your tax advisor to see if you can reduce your quarterly estimated tax payments.

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Fryer Promoted to Manager at Saltmarsh

4/14/2011

Judy Fryer, Certified Section 125 Administrator, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager in the Retirement and Medical Plans Department.  Fryer, who has been practicing in this field since 1982, has management and medical billing experience with extensive CPT and ICD9 coding experience. She is a Certified Section 125 Administrator through the HR certification Section 125 Program. Fryer remains compliant with HIPAA training and active with the Employee Benefits Institution of America (EBIA).

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Starratt Promoted to Manager, Earns ERPA Designation

4/12/2011

Heather M. Starratt, ERPA, QKA at Saltmarsh, Cleaveland & Gund, has been promoted to Manager in the Retirement and Medical Plans Department.

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IRS Tax Tips: Estimated Taxes

4/4/2011

Six Tips for Paying Estimated Taxes

Estimated tax is a method used to pay tax on income that is not subject to withholding. You may need to pay
estimated taxes during the year depending on what you do for a living and what type of income you receive.
These six tips from the IRS will provide you with a quick look at estimated taxes and how to pay them.

1. If you have income from sources such as self-employment, interest, dividends, alimony, rent, gains
from the sales of assets, prizes or awards, then you may have to pay estimated tax.

2. As a general rule, you must pay estimated taxes in 2011 if both of these statements apply: 1) You
expect to owe at least $1,000 in tax after subtracting your tax withholding (if you have any) and
credits, and 2) You expect your withholding and credits to be less than the smaller of 90% of your
2011 taxes or 100% of the tax on your 2010 return. There are special rules for farmers, fishermen,
certain household employers and certain higher income taxpayers.

3. For Sole Proprietors, Partners and S Corporation shareholders, you generally have to make
estimated tax payments if you expect to owe $1,000 or more in tax when you file your return.
4. To figure your estimated tax, include your expected gross income, taxable income, taxes,
deductions and credits for the year. Use the worksheet in Form 1040ES, Estimated Tax for
Individuals for this. You want to be as accurate as possible to avoid penalties. Also, consider
changes in your situation and recent tax law changes.

5. The year is divided into four payment periods, or due dates, for estimated tax purposes. Those
dates generally are April 15, June 15, Sept. 15 and Jan. 15.

6. Form 1040ES, Estimated Tax for Individuals, provides all you'll need to pay estimated taxes. This
includes instructions, worksheets, schedules and payment vouchers. The easiest way to pay
estimated taxes, however, is electronically through the Electronic Federal Tax Payment System
or EFTPS. You can also pay estimated taxes by check or money order using the Estimated Tax
Payment Voucher or by credit or debit card.

For more information on estimated taxes refer to Form 1040ES and its instructions, as well as Publication
505, Tax Withholding and Estimated Tax. These forms and publications are available at http://www.irs.gov or by calling 800-TAX-FORM (800-829-3676).

Please contact Saltmarsh, Cleaveland & Gund, (850) 435-8300 for further questions.

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Elbert A. Botts Estate donates $1.4 million to Troy University

3/28/2011

The Elbert A. Botts Estate presented a $1.4 million donation to Troy University on Wednesday, March 23. The gift will support the University’s geomatics program and the School of Accountancy. Pictured left to right are: Dr. Steve Ramroop, director of the Surveying and Geomatics Program; Betsy Botts, Nathan Botts, Richard Botts, Dr. Jack Hawkins, Jr., Chancellor; Melody Botts and Dr. Kaye Sheridan, director of the School of Accountancy. (TROY photo/Cass Davis)

TROY—The estate of Elbert A. Botts today presented a $1.4 million donation to Troy University which will support the School of Accountancy and geomatics program.


Dr. Jack Hawkins, Jr., Chancellor, expressed appreciation for the gift and said it would help advance two of the University’s strongest academic programs.

“The investment of this bequest reflects the value placed on this university by the Botts family and for that we are grateful,” Dr. Hawkins said.

A native of Pike County, Ala., Elbert Botts attended Troy University (then called Troy State Teachers College) in the 1940s. He went on to open a successful garden center in Augusta, Ga., The Green Thumb West, which he worked at until his death in 1995. He was known both as a civic leader and a statewide pioneer in the horticulture industry.

Botts’ nephews, Richard and Nathan Botts (Director of Financial Institution Services at Saltmarsh), made the presentation to TROY officials during a luncheon ceremony at the University’s Foundation Office.

“Uncle Elbert believed in education and felt that [his college education] allowed him to become as successful as he was,” Nathan Botts said.

“He really thought a lot about the community that he grew up in and thought a lot about education,” Richard Botts said. “This gift is going to a great place and you will do great works with it.”

The donation will support scholarships for future geomatics students, said Dr. Steve Ramroop, director of the Surveying and Geomatics Program, and will allow the program to add new technology and faculty.

“As director, I want to thank the Botts family for this generous gift,” Dr. Ramroop said. “It will support scholarships for students who are committed to success in the program.”

The School of Accountancy will use the gift to fund a professorship in accounting, said program director Dr. Kaye Sheridan.

“We can’t thank [the Botts family] enough for this timely gift,” Dr. Sheridan said. “To have a great program you need great faculty, and this gift will give us an advantage when it comes to attracting great faculty members.”

For more info click here.

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Legislative Alert - SEC Cracks Down on Sales Taxes – Significant Penalties Result

3/28/2011

Although the SEC has not historically been involved in above-the-line taxes, such as sales taxes, “the times they are a-changin’.” The SEC has sanctioned and fined several companies for failure to properly collect, remit, and/or account for sales taxes.

In one instance a company was fined $200,000 for failure to maintain proper internal controls and books and records relating to sales taxes. The company was found to not have proper controls in place to properly tax and track the transactions in question over a period of several years. As a result the company was found to be in violation of § 13(b)(2)(B) of the Exchange Act.

In another instance, the SEC found that a company had improperly released a reserve related to sales taxes which resulted in a 12% overstatement of income. Further, the company was found to be lacking in the tracking of its exemption certificates, and to not be registered as required in many jurisdictions.
As illustrated by these examples, the penalties for improperly accounting for sales taxes can be more than paying back taxes and related interest. Penalties from taxing authorities and other oversight organizations can be significant. While sales tax audit defense services are often viewed as the first line of defense, there are several ways the public and private companies can become compliant in the areas of sales and use taxes and remediate historical exposures, including:

1. Policies and Procedures Review – Review the company’s current sales tax policies and procedures with an eye toward seeking opportunities for improvement.

2. Voluntary Disclosure Agreements/Amnesties – Historical exposures can be remediated by entering into voluntary disclosure agreements and/or amnesty agreements which may limit the prior periods for which uncollected taxes must be paid, and which waive penalties and/or interest.

3. Nexus Studies and Taxability Matrices – Determine where companies have filing responsibilities and the taxability of various revenue streams to help ensure compliance with applicable sales/use tax laws.

4. Reverse Audits – Not all problems result in underpayments/exposure. Many times when companies do not understand the intricacies of sales/use taxes the results include over payments. Companies can identify overpayments and apply for refunds to ensure they are not paying more than their fair share of taxes.

If you have any questions regarding the above content, please contact Saltmarsh, Cleaveland & Gund (850) 435-8300.

This publication is intended to provide general information to our friends. It does not constitute accounting, tax, or legal advice; nor is it intended to convey a thorough treatment of the subject matter.


This publication has been prepared by EisnerAmper LLP for informational purposes only. These materials do not constitute accounting, tax or legal advice and cannot be relied upon by any taxpayer for the purpose of avoiding penalties imposed under the Internal Revenue Code.


Redistributed by Saltmarsh with permission.

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Human Resources: Management on the Run

3/16/2011

In today’s fast paced world, everything seems to be done on the run. More and more things come in a “drive thru” fashion these days….coffee, food, dry-cleaning, etc. Because many work environments are consumed with hurried meals, discussions and meetings, it makes sense that most managers need to be able to manage on the run. Is this a bad thing? Not necessarily. With the large number of telecommuters and remote offices, managing via phone, Skype or teleconferencing is becoming more common for all of us and something that we need to embrace.


To be an effective manager “on the run”, you need to focus on your communication style and skills. As we all know, e-mail communication can be one of the most misinterpreted communication tools out there. How many times have we heard about people writing e-mails with angry overtones, cutting remarks, or maybe even career-ending humor? Whether the mode of communication is telephone, email or written, your communication should be clear and concise. Don’t leave it up to the recipient to have to interpret your meaning. If you have to explain the meaning of your email-something is wrong. Ensure that the people you work with know your style and what they can expect from you as it relates to your email communication, i.e., I USE ALL CAPS, BUT NO, I’M NOT YELLING AT YOU.

Another way to effectively lead/manage on the run is to state the purpose of a pending meeting, office visit, etc. For an employee, the worse feeling in the world is knowing that their manager is coming to see them or wants a meeting, and they have no idea what to expect or prepare. A great call or meeting always begins with preparation, right? If you leave someone hanging out there with nothing to go on except that you will be in their office at 9:00 am tomorrow, I doubt that “someone” got any sleep that night!

Workforces are becoming more and more mobile every day. It is critical that management styles and communication styles map to this. The way we communicate with all of the tools provided needs to be consistent and concise to avoid any misinterpretation. While you can’t control all interpretations of your message, at the very least you are consistent and everyone knows what to expect.

Excerpts from “Leadership & Management on the Run” by Carol McDaniel

www.hrmouthofthesouth.com

Official Blog of the HR Florida State Council, Inc.

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Noble Among Elite Group at Advanced Financial Planning Conference

1/19/2011

W. Gregg Noble, CPA, PFS at Saltmarsh, Cleaveland & Gund, attended the 2011 Advanced Personal Financial Planning Conference in Las Vegas where he gained enhanced education on investments, insurance, tax, estate, retirement and elder planning from some of the world’s foremost experts on those issues.


The conference is held annually by the American Institute of Certified Public Accountants exclusively for CPA personal financial planners to learn new tools and techniques that can help clients achieve their financial goals; gain up-to-the minute information on changes by lawmakers and rule makers that could affect clients’ finances; and network with an elite group of financial planners from around the country to share best practices.

Noble is a Shareholder in the Pensacola office of Saltmarsh, Cleaveland & Gund. He is also a registered investment advisor and member of Saltmarsh Financial Advisors, LLC. Noble has been practicing accounting since 1981. His experience includes auditing, taxation, consulting and accounting services. Gregg has also concentrated on estate and fiduciary taxation, estate planning, individual taxation and investment advisory services since 1987.

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Scharf Appointed to Executive Committee at Saltmarsh, Cleaveland & Gund

1/11/2011

Glenn Scharf, CPA, at Saltmarsh, Cleaveland & Gund, has been selected to serve on the Executive Committee effective January 1, 2011.

Scharf is a Shareholder in Saltmarsh’s Fort Walton Beach office. He began his career in 1991 after graduating from the University of Florida with a Masters in Tax. Scharf brings to Saltmarsh expertise in a variety of fields including: taxation, accounting, process engineering, business consulting and tax management solutions. He was previously employed by Deloitte & Touche, LLP and Arthur Andersen, LLP in Atlanta.

The Executive Committee consists of Ron Jackson, President, Charles Gund, Jr., Shareholder and newly elected Glenn Scharf.

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New Employee - Catie Purdon

12/28/2010

Yesterday Catie Purdon joined the Pensacola office as a Staff Accountant in our TASG department. Many of you probably remember Catie from when she interned with us during the 2010 tax season. She has since graduated from UWF with her Master’s Degree in Accounting and we are happy to have her back as a full time employee now. Catie will be at extension 1109 and will be sitting in the office with Mike Miller.

Welcome back Catie!

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Schulte, Jackson, Kent and Woods promoted at Saltmarsh

12/28/2010

The Shareholders of Saltmarsh are pleased to announce the following promotions effective January 1, 2011: James Schulte has been promoted to Senior in the Audit Services Department of Saltmarsh, Cleaveland and Gund.

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Wishing you and yours a...

12/22/2010


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Gaines joins Saltmarsh, Cleaveland & Gund

12/7/2010

Benny Gaines has joined our firm as Senior Manager in our Retirement and Medical Plan (RAMP) Consulting Department.

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Florida Trend Ranks Saltmarsh, Cleaveland & Gund Among Top Firms

11/11/2010

The November 2010 issue of Florida Trend Magazine lists its picks of the “Top Rank Florida Accounting Firms.

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New Employee - Benny Gaines

11/8/2010

On Monday, October 25th, Benny Gaines joined the Pensacola office as a Senior Manager in our Retirement and Medical Plan (RAMP) Consulting Department. He will also have other tax department responsibilities. Benny is a graduate of University of Alabama and has his Virginia CPA license. He has extensive Big 4 and industry accounting and tax experience. Benny comes to us with 10 years of experience in 401k plan consulting and reporting, and 18 years of public accounting experience, primarily in the tax area. His most recent position was Senior Vice President-Accounting, with Coastal Community Bank in Panama City Beach.

Benny’s office is between Jim Speed and Kelly Rysula.

Welcoming Benny!

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Stogniew Announcement

9/30/2010


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Stogniew & Associates Merges with Saltmarsh, Cleaveland & Gund

9/27/2010

Stogniew & Associates and Saltmarsh, Cleaveland & Gund are merging effective October 1, 2010. Joining the Tampa office of Saltmarsh as a shareholder is Stogniew & Associates executive director, Kristen J. Stogniew, who has more than 20 years of experience in regulatory and consumer compliance issues. The addition of the Stogniew team will benefit both firms as well as their financial institution clients. The merger further increases the two firms’ expertise and reputation for excellence in providing internal audit, loan review and compliance consulting services to financial institutions.

Saltmarsh has been a leader in providing professional services for more than 65 years. Its reputation has been built on the principles of honesty and integrity, creativity, respect and quality service to clients and community. Both firms believe that client satisfaction and personal attention are key in building successful relationships.

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2 big milestones...

9/15/2010

Happy 40th Rebecca and Happy 60th Eli!
The north wing is very festive for the combination milestone birthdays!

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Bill Massey quoted in the Jacksonville Business Journal

8/26/2010

PNC Financial moving to 60,000-sq.-ft. Southside office

PNC Financial Services Group Inc. is preparing to hire an estimated 100 to 150 employees in Jacksonville and open an estimated 60,000-square-foot office on the Southside.

The Pittsburgh-based financial services company’s move means not only new jobs and less vacant office space in the short term, but would also lead to a larger presence in Jacksonville and throughout Florida, according to a banking analyst.

Although a representative of PNC declined to comment on the new space or the expansion, some of the available jobs — including a human resources position, a mortgage market manager and a business analyst — are listed on the bank’s (NYSE: PNC) website.

One of the listings also lists the name of the building, the Collier Building, at 5011 Gate Parkway. The building also houses offices of Zurich Financial Services Ltd. and Blue Cross and Blue Shield of Florida Inc. Brokers not involved with the deal say they have heard about PNC shopping the market for space since January.

Bill Massey, a CPA and shareholder at Saltmarsh, Cleaveland & Gund, said PNC’s decision to open the office indicates the company’s interest not only in Jacksonville, but Florida as a whole.

“They must be thinking there are some positive changes going on in the residential real estate market,” Massey said.

PNC has $178.8 million in net deposits and 2,710 branches in 16 states and the District of Columbia, including 115 in Florida, according to the Federal Deposit Insurance Corp. The closest branches to Jacksonville are in Palm Coast, but according to the bank’s website, it operates 28 ATM sites at Hess Corp. gas stations in the Jacksonville area.

The company also operates a small residential mortgage office on the Southside, according to commercial real estate agents in the market.

Brad Chrischilles, a principal at CNL Commercial Real Estate in Jacksonville, said PNC’s move into Jacksonville will have a positive impact on the office market vacancy rate. Jacksonville’s overall office vacancy rate was 23.1 percent in the second quarter, up from 22.5 percent in the first quarter, according to Cushman & Wakefield of Florida Inc. statistics.

“That’s just an excellent user for the market,” said Chrischilles, who was not involved in the lease. “Jacksonville needs more than that.”

The market rate rent of empty floors in the Colliers Building is $20.50 per square foot, according to the website of the property’s management company, Parkway Properties Inc.

Chrischilles said he expects the tenant will get a rental rate discount and a concession package, however. Office leases such as this one are generally for at minimum five years and could be for as many as 10 years, Chrischilles said, and typically cost the tenant on average between $5 and $10 per square foot to become operational.

PNC did not request any financial incentives from the city, according to the Jacksonville Economic Development Commission office.

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Saltmarsh 2010 Kickball Team

8/25/2010

Picture was taken after our first victory last night!
If you would like to come out and cheer us on, we play on Tuesday nights at the ball field on 12th and La Rua.

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Hot off the press...

8/19/2010

Nathan Botts in today's PNJ!
Supporters of Senate candidate Marco Rubio, including Escambia County Commissioner Wilson Robertson, center, applaud Rubio on Tuesday during a town hall style meeting at McGuire's Irish Pub.

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Andrew Kent joins Saltmarsh, Cleaveland & Gund

8/18/2010

Andrew Kent has joined our firm as Litigation and Valuation Consultant in the Business Advisory Group.

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Cathy Gianotto, QPA, QKA elected to Board of Directors of FWCEBC

8/16/2010

Cathy Gianotto, at Saltmarsh, Cleaveland & Gund, has been elected a member of the Board of Directors for the Florida West Coast Employee Benefits Council (FWCEBC) in Tampa.

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Best Wishes David and Melissa!

7/30/2010

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Allyson Oury earned the designation of Certified Public Accountant (CPA)

7/8/2010


Allyson Oury, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA – Certified Public Accountant. Oury passed a four part exam that tested her knowledge in Accounting and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.


Congrats Allyson!

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Crist appoints Nathan Botts to Bay Bridge Authority | pnj.com | Pensacola News Journal

7/1/2010

Gov. Charlie Crist announced two appointments to the Santa Rosa Bay Bridge Authority — which governs the Garcon Point Bridge — on Wednesday:


Ira Mae Bruce, 69, of Navarre, owner of Century 21 Island View Realty, succeeding Pamela Langham.

Nathan O. Botts, 67, of Milton, certified public accountant with Saltmarsh, Cleveland and Gund, succeeding Elaine Willis.

Both of their terms began on Wednesday and run through Jan. 3, 2014.

Congrats Nathan!

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Crist appoints Nathan Botts to Bay Bridge Authority

7/1/2010

Gov. Charlie Crist announced two appointments to the Santa Rosa Bay Bridge Authority — which governs the Garcon Point Bridge.

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Oury earned the designation of Certified Public Accountant (CPA)

5/25/2010

Allyson Oury, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA – Certified Public Accountant.

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de Boer earned the designation of Certified Public Accountant (CPA)

5/24/2010

Philip de Boer, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA – Certified Public Accountant.

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UWF College of Business Expansion Project

5/3/2010

This just in... the conceptual drawing of the renovation/expansion of the College of Business at the University of West Florida.

The funding for it to be constructed was approved last week by the Florida legislature. Information courtesy of Ron Jackson who is on the College of Business Advisory Council.

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2010 Community Bank Executive Forum

5/3/2010

This past Friday Saltmarsh and the law firm of Haskell Slaughter hosted the 2010 Community Bank Executive Forum. Bank Presidents and CEO's from the Southeast came for an active discussion focused on the latest issues facing top executives of Community Banks in our region.




Key note speaker was Stuart Hoffman - Chief Economist with PNC Financial Services Group, Chairman of the American Bankders Association's Economic Advisory Committee for 2010
The next Community Bank Executive Forum is scheduled for this fall in Tampa, FL.

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Suzanne on the news!

3/24/2010

Click on this link to see our Suzanne Cox on the news: http://www.myfoxtampabay.com/dpp/consumer/conlaw/0322-when-to-seek-help-with-taxes

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Suzanne Cox on the News!

3/22/2010

If you are in the Tampa Bay area, tune into Fox 13 News tonight to see Saltmarsh's Suzanne Cox being interviewed on Tax tips!

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Lee Bell quoted in the Tampa Bay Business Journal

2/19/2010

Friday, February 19, 2010
Where asset quality diminishes, Patriot Bank shores up holdings
The anatomy of being 'well capitalized'
Tampa Bay Business Journal - by Margie Manning Senior Staff Writer


While asset quality issues rapidly deplete capital at banks throughout Florida, Patriot Bank reversed the trend.
Patriot has raised roughly $3.5 million in additional capital and is nearly halfway to its total goal of $7.5 million, said Larry Starnes, president and CEO. The new capital has propelled the bank into territory regulators consider well capitalized with an 11.76 percent total risk-based capital ratio, compared with 8.14 percent on Dec. 31.
The bank attracted strong investor interest in part because it took aggressive steps to set aside money for loans that it suspected might go bad.
Patriot examined every credit in its portfolio, then hired a consultant to take a second look. A final vote of approval came when state regulators, as well as those from the Federal Deposit Insurance Corp., wrapped up exams at the bank a couple of weeks ago and did not ask Patriot to add anything to its existing reserves, Starnes said.
“The biggest fear people have in investing in community banks is the bank will fail because of loan problems that erode the capital,” Starnes said. But since Patriot already has reserved for expected losses, “what we have now in capital is solid.”
Diversification helps Bay area
Too little capital can be fatal because banks fail when they are in danger of running out of cash to meet their financial obligations. Regulators have closed 16 banks in the United States so far this year, including two in Florida. Last year, 140 banks failed nationwide, 14 of them in Florida.
Thirty-six Florida banks were less than well capitalized as of Dec. 31 and four were considered critically undercapitalized, a report from The Carson Medlin Co., an investment banking firm, said. An increase in nonperforming assets, generally past due loans and foreclosed real estate, ate into capital, the report said.
Statewide, the ratio of nonperforming assets to total assets climbed to 4.31 percent, up from 4.19 percent in the third quarter. The Tampa Bay area fared better than most of the state with an average 3.29 percent ratio of nonperforming assets to total assets in part because the area has a more diversified business base and is less dependent on real estate development than other areas, said Paula Johnannsen, managing director in Carson Medlin’s Tampa office.
Banks statewide were aggressive about moving questionable loans into the nonperforming category in the last quarter of 2009, said Lee Bell, leader of the business advisor group at Saltmarsh Cleaveland & Gund and shareholder in charge of the CPA firm’s Tampa office. Some banks were required to do so by regulators, while others did so in preparation for regulatory exams, Bell said.
Saltmarsh has released its own asset quality report showing the ratio of nonperforming assets to total assets at Florida banks was 5.89 percent as of Dec. 31, down from 6.1 percent on Sept. 30. Bell said the drop reflects the banks that failed and were eliminated from the calculations.
Path to progress
Patriot Bank, established in 2004 with a single office in Trinity, reorganized in April when Larry Starnes was named president and chief executive officer. Starnes, formerly Pasco, Hernando and Citrus counties president of Wachovia Bank, is part of a new management team at Patriot that also includes CFO Tom Wokurka and David Key as chief credit administration and risk officer. The bank now has five offices in Pasco and Pinellas counties.
During 2009, the bank increased its core deposits by 40 percent and its loan portfolio by 27 percent, ending the year with about $133 million in assets. New cash management and checking products produced a bump in fee income, and Starnes expects the first quarter of 2010 will be profitable. The hard work that went into the turnaround has paid off in a successful capital offering, he said.
The bank is offering existing and new shareholders units for $6, about a 40 percent discount to book value. Each unit is made up of one share of common stock and one share of preferred stock. The preferred stock, which pays a 10 percent dividend, can be converted to common stock at any time and automatically converts to common stock if the bank is sold or after five years.
— Margie Manning

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Saltmarsh Represented at Florida Venture Capital Conference

2/8/2010


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Saltmarsh, Cleaveland & Gund Acquires Lundy, Minnich & Linnville's Clients

2/2/2010

Saltmarsh, Cleaveland & Gund is proud to announce the acquisition of Lundy, Minnich & Linnville’s clients. Due to H.L. Minnich’s impending retirement, he has transferred clients of Lundy, Minnich & Linnville to Saltmarsh effective January 1, 2010.

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Saltmarsh, Cleaveland & Gund Acquires Lundy, Minnich & Linnville’s Clients

2/2/2010

Saltmarsh, Cleaveland & Gund is proud to announce the acquisition of Lundy, Minnich & Linnville’s clients. Due to H.L. Minnich’s impending retirement, he has transferred clients of Lundy, Minnich & Linnville to Saltmarsh effective January 1, 2010.

Mr. Minnich began his distinguished career with Saltmarsh and we are honored that he has chosen to conclude his career here.

Saltmarsh has been a leader in providing professional services for more than 65 years. Our reputation has been built on the principles of honesty and integrity, creativity, respect and quality service to our clients and community. Both firms believe that client satisfaction and personal attention is key in making a successful relationship.

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DeBoer promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010


Philip de Boer, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

de Boer is a Senior in the Audit Services Department of Saltmarsh, Cleaveland & Gund. His areas of concentration include non-profit, governmental, manufacturing industry and the hotel industry. DeBoer graduated with a Diploma in Business and Law from the University of Luneburg, Germany and a Master’s of Accountancy from UWF.

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Philip de Boer promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010

Philip de Boer, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

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Angelika Cope, CPA promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010

Angelika Cope, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

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Diane Martinez promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010

Diane Martinez, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

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Beth Skarda, CPA, promoted to Manager at Saltmarsh, Cleaveland & Gund

1/8/2010

Beth Skarda, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2010.

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Araba Knoblock promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010

Araba Knoblock, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

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Cope, CPA promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010


Angelika Cope, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

Cope is a Senior in the Audit Services Department of Saltmarsh, Cleaveland & Gund. Her areas of concentration include non-profit, governmental, construction, condominiums, and the hotel industry. Cope has her Master’s of Accountancy and her B.S.B.A. in Accounting Information Systems from the University of West Florida.

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Gianotto, QPA, QKA promoted to Manager at Saltmarsh, Cleaveland & Gund

1/8/2010


Cathy Gianotto, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2010.

Gianotto is a Manager in the Retirement & Medical Plans Department of Saltmarsh, Cleaveland & Gund. She has more than 20 years of experience in employee benefits administration and management. Gianotto has obtained the “Qualified Pension Administrator” (QPA) designation and the “Qualified 401(k) Administrator” (QKA) designation from the American Society of Pension Professionals & Actuaries (ASPPA).

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Knoblock promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010


Araba Knoblock, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

Knoblock is a Senior in the Financial Institutions Consulting Department of Saltmarsh, Cleaveland & Gund. She graduated with a Master of Accountancy from the University of West Florida and also has her B.S in Administration from the University of Ghana.

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Martinez promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010


Diane Martinez, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

Martinez is a Senior in the Audit Services Department of Saltmarsh, Cleaveland & Gund. Her areas of concentration include for-profit, non-profit, governmental and the hotel industry. Martinez graduated with a B.S.B.A. in Accounting from the University of West Florida.

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Skarda, CPA, promoted to Manager at Saltmarsh, Cleaveland & Gund

1/8/2010


Beth Skarda, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2010.

Skarda is a Manager in the Tax & Accounting Services Department of Saltmarsh, Cleaveland & Gund. She has fifteen years of experience in all areas of taxation. Skarda graduated from Auburn University with a B.A. in Finance. She is a Certified Public Accountant in the State of Georgia.

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Smith promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010


Justin Smith at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

Smith is a Senior in the Tax & Accounting Services Department of Saltmarsh, Cleaveland & Gund. His area of expertise includes corporate and individual tax specializing in construction contractors, homeowner’s associations and non-profit organizations. Smith graduated with a B.S.B.A. in Accounting from the University of West Florida.

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Justin Smith promoted to Senior at Saltmarsh, Cleaveland & Gund

1/8/2010

Justin Smith at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.

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Justin Smith earned the designation of Certified Public Accountant (CPA)

12/28/2009

Justin Smith, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA – Certified Public Accountant.

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Our very own Nathan Botts quoted in the Jacksonville Business Journal

12/10/2009

Our very own Nathan Botts quoted in the Jacksonville Business Journal

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Congrats on Retirement Ken!

10/29/2009

After around 30 years of service!!

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2009 Community Bank Executive Forum

10/14/2009

This event was hosted by Saltmarsh and the law firm of Carlton Fields last Friday at the Tampa Club.

The Bank Forum was extremely successful with an attendance that was double years' past and they have gotten outstanding feedback from the attendees.

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2009 Bank Technology Summit

10/14/2009

This event was hosted by Saltmarsh and AppRiver last Thursday at the Tampa Club.

This was our first Bank Technology Summit... they had great feedback from the attendees and since it was a great success they will continue doing it in the future…

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Kendra Branch has achieved certification as a 125 Cafeteria Plan Administrator

9/30/2009

Saltmarsh is pleased to announce that Kendra Branch has achieved her certification as a 125 Cafeteria Plan Administrator.

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Branch has achieved certification as a 125 Cafeteria Plan Administrator

9/30/2009

Saltmarsh is pleased to announce that Kendra Branch has achieved her certification as a 125 Cafeteria Plan Administrator. This valuable certification demonstrates her command of the complex IRS and DOL rules and regulations governing tax advantaged spending plans such as medical, dependent care, insurance, transportation and adoption expenses as well as HRA, HSA and the Debit Card convenience offered by Saltmarsh.

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Trevia Buckner earned the designation of Certified Public Accountant (CPA)

9/28/2009

Trevia Buckner, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA – Certified Public Accountant.

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Buckner earned the designation of Certified Public Accountant (CPA)

9/28/2009

Trevia Buckner, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA – Certified Public Accountant. Buckner passed a four part exam that tested her knowledge in Accounting and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.


Below is a pic of Trevia in her office being "Queen for the Day" in the FWB office with her new designation!

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Greg Storey has achieved the Certified Internal Auditor Designation

9/17/2009

Greg Storey, CPA, CHAE, a Senior Manager in the Audit Services Department of Saltmarsh, Cleaveland & Gund, has received his Certified Internal Auditor (CIA) designation.

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Storey has achieved the Certified Internal Auditor Designation

9/17/2009

Greg Storey, CPA, CHAE, a Senior Manager in the Audit Services Department of Saltmarsh, Cleaveland & Gund, has received his Certified Internal Auditor (CIA) designation. This is a very rigorous program sponsored by the Institute of Internal Auditors that tests proficiency and competency in the field of internal auditing. The CIA designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their professionalism in the internal auditing field.

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Outsourced Accounting Client featured in St. Pete times

8/31/2009

St. Petersburg firm wants to reinvent the way we work

By Robert Trigaux, Times Columnist
In Print: Sunday, August 30, 2009

http://www.tampabay.com/news/business/workinglife/st-petersburg-firm-wants-to-reinvent-the-way-we-work/1031905
A.D. Frazier, left, and Erik Vonk spent 17 years discussing the concept of their new St. Petersburg business called Back Of The House. They now offer a one-stop support service for independent contractors, but say the idea could revolutionize how all workers do their jobs.

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Stephen MacBeth Graduates from the Alabama Banking School

8/11/2009

Karen Sullivan, Chairman of the Board and School Director of the Alabama Banking School, has announced that Stephen MacBeth graduated on July 31 from the Alabama Banking School in Mobile, Alabama.

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Nathan Botts - PKF Famous Person of the Week

7/23/2009

Once again, our very own Nathan Botts is PKF's Famous Person of the Week!

http://www.pkfnan.org/uploads/Botts.pdf

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Saltmarsh is now on Twitter!

7/13/2009

Please let me know of any updates/announcement you would like posted on Twitter.


If you would like to follow us, we are: @SaltmarshCPA

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Florida Financial Services Acting Commissioner, Alex Hager, Takes Shareholder Position with Saltmarsh, Cleaveland & Gund

6/30/2009

After serving the State of Florida for more than 30 years, Acting Commissioner of the Florida Office of Financial Regulation, Alex Hager, recently joined Saltmarsh, Cleaveland & Gund, a Florida accounting firm, as a Shareholder in the firm’s Financial Institution Advisory Group.

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CPA Designations - Cope & Hatton

6/16/2009











Angelika Cope
Laura Hatton
Congrats girls on your new CPA designations!


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New Shareholder - Alex Hager

6/5/2009

The Firm announced in May a new addition to the Financial Institution Advisory Group. Starting June 8, 2009 Alex Hager will be joining Saltmarsh as a Shareholder. Alex has been the Acting Commissioner for the Florida Financial Services Commission for the State of Florida and served as Deputy Commissioner from 2003-2008. In this role he is responsible for oversight of Banking, Securities, and Finance businesses in the State of Florida., which includes all financial institutions (domestic banks, credit unions, international banks and trust companies). Alex has over 35 years experience in the regulatory and financial services industries.

Upon joining Saltmarsh, Alex will provide consulting services to our community bank clients related to regulatory issues, compliance, strategic planning, etc. We believe that Alex’s addition will provide significant benefits to our current and future financial institution clients. Alex will be working out of his home in Tallahassee.

Alex will be joining our Firm as a Shareholder on Monday and will be here in Pensacola going through orientation. Please welcome him to the Firm and get to know him. He will be leaving Pensacola after a couple of days of orientation, heading to the Florida Bankers Conference with Bill and Nathan.

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2009 Saltmarsh LeaP Graduate

6/3/2009

Emily Leidner graduated from the Leadership Pensacola Class of 2009 this past Thursday night. Pictured above is a photo of her and Melissa Chapman of Covenant Hospice with their graduation tiles. Saltmarsh has been supporting the program since Ron Jackson went through in 1988.

To learn more about their class project go to http://www.choosepensacola.com/

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UWF Distinguished Alumni - Nathan Botts

4/6/2009


Our very own Nathan Botts recieved the 2009 UWF Distinguished Alumni of the Year Award this past Saturday. Randy Knepper (President & CEO of Heritage Bank came in from Orange Park), Nathan, Bill and Ron are pictured above. Nathan, we are proud of all that you do within our Firm and in the community!

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2009 PACE Professional Leader of the Year - Ron Jackson

3/23/2009

















Congratulations Ron on being the 2009 PACE Professional Leader of the Year!

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Saltmarsh, Cleaveland & Gund Expands Technology Service Offerings to Assist Customers in Current Economy

2/19/2009

Saltmarsh, Cleaveland & Gund announced a new technology arm dedicated to meeting the comprehensive business needs of customers throughout Northwest Florida.

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Ron Jackson Awarded PACE Professional Leader of the Year

2/18/2009

Ronald E. Jackson, President of Saltmarsh, Cleaveland & Gund was awarded the 2009 PACE Professional Leader of the Year. He was selected based on his long-term professional experience, service to professional organizations, leadership and a desire to advance his profession.

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Shannon Lands Earns Certification as a Senior Professional in Human Resources (SPHR)

2/17/2009

Shannon Lands, Human Resources Manager with Saltmarsh, Cleaveland & Gund has recently earned the certification as a Senior Professional in Human Resources (SPHR).

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Molly Murphy Elected to Shareholder at Saltmarsh, Cleaveland & Gund

1/1/2009

Molly has served as a Senior Manager in the Audit Services Department in the Pensacola office of Saltmarsh, Cleaveland & Gund for the past 7 years.

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Frank Riehle Appointed to Shareholder at Saltmarsh, Cleaveland & Gund

1/1/2009

Frank has served as a Senior Manager in the Pensacola office of Saltmarsh, Cleaveland & Gund, for the past 10 years.

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Lisa Fairbanks, CPA, promoted to Senior Manager at Saltmarsh, Cleaveland & Gund

1/1/2009

Lisa Fairbanks, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior Manager effective January 1, 2009.

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Allison Jones, CPA, promoted to Senior Manager at Saltmarsh, Cleaveland & Gund

1/1/2009

Allison Jones, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior Manager effective January 1, 2009.

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Greg Storey, CPA, CHAE, promoted to Senior Manager at Saltmarsh, Cleaveland & Gund

1/1/2009

Greg Storey, CPA, CHAE, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior Manager effective January 1, 2009.

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Beth Varhalla, CPA, promoted to Manager at Saltmarsh, Cleaveland & Gund

1/1/2009

Beth Varhalla, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2009.

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Amy Infinger Stachowicz, CPA, promoted to Senior at Saltmarsh, Cleaveland & Gund

1/1/2009

Amy Infinger Stachowicz, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2009.

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Saltmarsh CPA - Who We Are

Who We Are

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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

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Contact Us

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