What’s the difference between leadership and management? Perhaps management guru Peter Drucker put it best: “Management is doing things right; leadership is doing the right things.”
As a business owner and leader, you must not only “do the right things,” but you must also inspire others to do the same. According to Daniel Goldman’s well-known Harvard Business Review article, “Leadership That Gets Results,” a manager’s leadership style is responsible for 30 percent of a company’s profitability.
The past can come back to haunt law firms that made promises to provide retired partners with substantial incomes, sometimes for life. Often, these promises of future benefits were made back in the “old days” when firms were smaller, partner incomes were lower and “for life” didn’t mean as long as it does now.
The problem with these deferred compensation arrangements is that they were often made without funding. Earning partners then became burdened by cash flow obligations to retired partners. The resulting impact on future profits can lead to some worrisome consequences, including these:
Documents have a distinct lifecycle. They move from being online (production) to near line (easily recoverable) to offline (archived). Knowing what to keep and for how long can be tricky business for law firms.
While it’s important to be able to produce critical documents when they’re needed, maintaining a file longer than necessary can cause trouble. Suppose a client follows standard document retention procedures and disposes of a set of documents. If the law firm retains related documents beyond that retention schedule, those documents then become discoverable in a legal matter.
The key is to develop document retention and destruction procedures that protect your interests as well as those of your clients.
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.
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.
Move over “fake news” here comes “fake charities.”
So you have decided to dedicate a portion of your hard earned money to a worthwhile cause in the form of donation. You also know that in many cases, it’s nice to be able to get a tax deduction for that generosity, where possible.
But what if that charitable organization that came knocking on your door, or via the internet, or telephone call turns out to be a scam?
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.”
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.
Saltmarsh’s Chandra Clines, CPA was invited to participate in the Florida Institute of Certified Public Accountants (FICPA) Accel at the Capitol Event this January.
Saltmarsh, Cleaveland & Gund is proud to announce the following internal promotions as of January 1, 2017.
12/12/2016Saltmarsh is pleased to announce that Suzanne Cox has been elected shareholder as of January 1, 2017.
12/1/2016Attorneys are often surprised that even with revenue coming in, they can still come up short on cash. Problems occur because cash coming in often lags cash going out. Profits may be reported, yet the practice still experiences a short-term cash shortfall.
12/1/2016For most attorneys, turning away business is a hard call to make. But the truth is that not all clients are worth having. Unreasonable and over-demanding clients can be costly they detract from your profitability, productivity and peace of mind.
12/1/2016An unsettling number of disciplinary actions against law firms are based on this simple fact: Somehow, an attorney has mismanaged a clients funds or property.
12/1/2016For valuation professionals, theres never a shortage of interesting court cases to learn from. Here are two recent cases that shed light on the key concepts of tax affecting and loss of value.
Saltmarsh’s Robby Hinson, a senior in the IT Services Department, joined guests from TIG and Konica Minolta to discuss “The Cyber Security and Internet of Things” on Pensacola Business RadioX.
Personnel and staffing issues often weigh heavily on a business owner’s mind. It’s important, of course, to have the right people in the right jobs, but executive hiring decisions aren’t always easy.
In a world of credit and debit cards, it’s easy to forget the importance of proper cash handling. Hundreds of thousands of dollars disappear from medical practices each year simply because “no one was looking.”
Taxes are something business owners usually start thinking about early in the year as they get ready for the April 15 tax-filing deadline. However, waiting until then can be a costly mistake — because many tax strategies must be implemented before year-end to be most effective.
The Department of Labor recently published new overtime and worker classification changes to the Fair Labor Standards Act, which will impact more than 4 million workers and their employers.
Last July, the Department of Defense (DOD) expanded the reach of the Military Lending Act (MLA), which protects against high cost and predatory loans to covered members of the armed forces or their dependents.
There’s no question that participation levels for automatically enrolled 401(k) plans far outpace those for non-automatically enrolled plans. Yet traditionally, plan sponsors have been leery about adding this feature due to substantial penalties for elective deferral failures...
With all the responsibilities you have as a business owner, it’s easy to overlook your company’s state and local tax (or SALT) liabilities. These taxes vary widely from one locality to another, and business owners are often unaware that they have SALT liabilities outside their home state. Figuring out what’s owed where can be complicated.
Running a family business has its pros and cons. For many owners, the biggest upside is the opportunity to work with loved ones and build a meaningful enterprise that will last for generations. An oft-cited downside is the difficulty of balancing family and work priorities, and having to be both boss and parent.
When it comes to profits, it’s not always about rainmaking … sometimes it’s about cost cutting. The reality is that reducing expenses — combined with steady or increasing revenue — results in increased profits.
If you’re a business owner, you’re an optimist. And as an optimist, you might assume that you and your partners will have smooth sailing for as long as your company is in business.
You think you’ve found it — the right company to buy. You’ve made a bid, signed a letter of intent and have the seller’s financial statements. They look good, but is the seller telling the whole story?
Competition has always been fierce for the legal profession’s best and brightest. The current upturn in the legal marketplace has only heightened the war for top talent — whether it’s a partner with a strong following or an associate with specialized skills who can plug a gap in the firm’s offerings.
It’s one thing to read statistics about fraud, such as those from the Association of Certified Fraud Examiners (ACFE) stating that the median business loss due to occupational fraud is $140,000. But it’s another thing to read the stories of real-life businesses that have been victimized by fraud...
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.
This article provides guidance to help you find your "true bottom line," which can be accomplished by allocating your indirect costs properly. Since each company has a different cost structure, it is important to implement a systematic approach and allocation method that works with it.
Catie Purdon Dalton and Olateju “TJ” Oyenpemi have recently earned the designation of Certified Public Accountant (CPA). They both passed a four part exam that tested their knowledge in Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.
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.
We are proud to announce that five of our Financial Institutions Consultants have received The Certified AML And Fraud Professional (CAFP) Designation!
It is important for your company to have a 401(k) committee to discuss key points and make decisions that are in the best interest of participants. Read the article to see what their meetings should entail.
Is a neutral appraiser the optimal way to conduct a business valuation? Other than the time and cost savings both parties may have, not all neutral appraisers are created equal.
Without strict segregation of duties and strong internal controls, unscrupulous employees can take advantage of a lawyer’s lack of attention and perpetrate fraud. Is your firm enforcing internal controls to avoid these issues?
Your best prospects are your satisfied current clients. Are you cross-selling your services to develop deeper client relationships?
The roles of a CFO and controller usually have misunderstood distinctions. We provide items to consider when your company is structuring and restructuring your company's senior financial management positions.
Is succession planning high on your priority list? We review the transition steps that should be taken to develop the next generation of family business leadership.
In spite of the competition for workers, it's still important to carefully screen job applicants. We offer tips to keep in mind when you are checking an applicant's background.
This article discusses the protocol that needs to be followed when conducing out-of-state business, in order to properly comply with taxes and licensing requirements.
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.
Saltmarsh, Cleaveland & Gund, one of the largest locally-owned certified public accounting firms in the Southeast has been recognized as a Regional Leader in the Gulf Coast by Accounting Today.
We review cost segregation studies, a popular tax planning tool that can help the owners of commercial buildings accelerate certain tax deductions.
Here’s a look at recent litigation that has piqued the interest of valuation professionals.
One academic study appears to confirm the view that the apparent preponderance of bad news is as much due to demand as to supply...
When calculating economic damages, the objective is to determine the extent of financial injury to the company, which involves many nuances.
Discounting works in retail — not in a law firm. In fact, write-downs of billable time can be one of the largest “expenses” of a law firm.
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.
Christina Doss, AAMS, of Saltmarsh Financial Advisors has been invited to participate in the Women in Leadership conference, hosted by University of West Florida.
We are proud to announce the internal promotions at Saltmarsh, Cleaveland & Gund.
Shareholder Lee Bell, CPA will transition to a new role as President of Saltmarsh, Cleaveland & Gund
This article explores the worker classifications and other payroll tax issues that business owners may face.
This article reviews the information that is needed in order to receive the American Opportunity Tax Credit (the HOPE Credit) and the Lifetime Learning Credit.
This article reviews the portions of the Affordable Care Act that is only applicable for small employers.
The IRS is urging taxpayers to be fully aware of an on-going phone scam that is collecting sensitive information from unsuspecting victims. We have collected helpful tips to identify if you are being targeted and how to properly report your incident.
We provide short-term and long-term approaches that contractors may implement to find talent during the current shortage of skilled workers.
This article reviews John's experience at the Economic Legislative & Policy Summit sponsored by alliantgroup.
Allinial Global is the new name and identity of a longstanding association of independent accounting and consulting firms. Allinial Global, formerly known as PKF North America
Failing markets are worrisome to all investors, but maintaining patience with a longer-term perspective is key.
Does the company or employee own the goodwill? This article reviews the Bross Trucking v. Commissioner case and how deciding goodwill ownership can help avoid double taxation.
Credentials show a clear dedication to the practice, but each one has different standards that members are required to follow. This article reviews the most popular business valuation credentials.
The Greek mathematician Archimedes no doubt understood the incredible power of leverage — a lesson that today’s law firms can certainly follow.
Many different types of sensitive data is included in your IT system. Even the most sophisticated systems have the probability of failing, so you must be prepared to deal with the aftermath if needed.
Kristen Stogniew, Esq., CFE will be presenting at the 11th Annual BSA/AML School, hosted by the Florida Bankers Association in Orlando, Florida.
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.
Saltmarsh Financial Advisors is pleased to announce that Christina Doss, AAMS® has been selected to join the Leadership Florida Class of XXXIV.
The increase of business calls for an increase of personnel and contractors are having difficulties with filling senior project managers and supervisory positions. This article suggests important principles to bear in mind as you develop a package of pay, benefits and incentives.
The legal profession is one of several industries the IRS has singled out for special scrutiny as part of its Examination Specialization Program, especially those practicing law in areas that may have noncompliance issues.
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.
In many areas of life, intense activity and constant monitoring of results represent the path to success. In investment, that approach gets turned on its head.
Jennifer Mostert, CPA, at Saltmarsh, Cleaveland & Gund has been promoted to Manager, effective July 1, 2015.
Scheduling overtime has always been a questioned management practice. Although it may seem like an advantage to get more work done sooner, it may unknowingly incur long-term costs and obligations to employees.
When company growth happens, looking for strategies to sustain new opportunities is key. This article points out how you can keep the momentum going while limiting detrimental risks.
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.
Saltmarsh coordinated a trip to Cuba to navigate potential business development and commerce opportunities in Cuba.
Setting up your company to accommodate the boom and busts of the market may be difficult, but these tips can help your business achieve sustainable growth.
The audit procurement process may be intimidating, but this article features the 4 steps to facilitate a successful audit with the best candidate.
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.
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.
We were honored to sponsor Apollo D. Lupescu, PhD of Dimensional Fund Advisors (DFA) as a guest speaker for various Saltmarsh Financial Advisor events.
Kristen Stogniew, Esq., AAP, will be speaking at Information Interchange Conference. The event will be held in Orlando, Florida on February 24-26, 2015.
Press release announcing the 2015 internal promotions.
Chuck Landers has been elected to shareholder as of January 1, 2015.
Learn how your company can prevent becoming a victim of fraud with preventative measures.
Wayne Sumlin, CPA to Join Saltmarsh, Cleaveland & Gund on January 1, 2015.
Saltmarsh, Cleaveland & Gund is pleased to announce that Ronald Jackson has been named Chairman of the Board of Directors of PKF North America for 2015.
There are a number of steps that can help reduce exposure to fraud — most importantly, ensuring that adequate internal control measures are in place to prevent or strongly deter employees from concocting fraud schemes.
Technology usage has undoubtedly transferred into the construction industry. This article highlights various applications that assist with overall project planning, of which include the estimating, specifying, and the ordering process.
Behind every successful company is a team that uses these characteristics as guiding principles.
The correlation between Key Financial Indicators (KFIs) and the growth of your company
Saltmarsh, Cleaveland & Gund, one of the largest locally-owned certified public accounting firms in the Southeast is earning recognition as one of the Nation’s Top 200 Accounting Firms.
A strong management team is key but the value of your company can be increased by following these specific succession planning principles.
Contractors and construction firms have traditionally relied on industry-specific guidance when it comes to how they recognize revenue in their financial statements. But this will soon change...
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.
Gabe Shibly, CPA with Saltmarsh, Cleaveland & Gund has recently been appointed to serve on two committees for The Florida Institute of CPAs.
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.
The theme for this year is "What's New - What's Not - What's Next: Critical Thinking about Critical Issues for Critical Times".
Effective April 30, 2014, an exemption from sales and use tax is available for purchases of industrial machinery and equipment used at a fixed location in Florida by an eligible manufacturing business that...
Many manufacturers continue to miss the boat on taking advantage of all aspects of the tax code. A lot of times manufacturers are already participating in the efforts...
The Internal Revenue Service (IRS) recently published final regulations regarding the reduction or suspension of safe harbor contributions to 401(k) and 403(b) plans under the Internal Revenue Code (Code).
On December 30, 2013, the IRS released temporary regulations related to annual filing requirements for Passive Foreign Investment Company (“PFIC”) shareholders...
As the new year begins, corporations should be aware of the reporting requirements related to employee stock purchase plans (ESPPs) and incentive stock options (ISOs) in 2013
The new standards will require construction companies and contractors to report long-term lease liabilities as fixed asset liabilities on their balance sheet, instead...
After more than three years of uncertainty, including a Supreme Court decision upholding its constitutionality, the implementation date for the Patient Protection and Affordable Care Act (the ACA) is almost here...
Generally, all ordinary and necessary expenses paid or incurred during the tax year in carrying on any trade or business may be deducted. Conversely, amounts paid to acquire, produce...
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...
By now, we all know that parts of the federal government officially shut down at 12:01am on Tuesday, October 1, 2013 after Congress failed to come to an agreement to fully fund normal operations. As a result, essential functions are operating but certain areas such as national parks and non-essential services are completely closed.
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.
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.
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...
We are focusing on the impact of the Supreme Court decision to strike down Section 3 of the Defense of Marriage Act (“DOMA”) on employers and employees.
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.
Shareholder, Alex Hager is featured in the Tampa Bay Business Journal today speaking on a new proposed banking regulation that could prove to be troublesome...
The Obama administration has decided to provide an additional year before the ACA mandatory employer and insurer requirements begin.
Saltmarsh shareholder, Molly Murphy, was recently recognized at the University of West Florida’s annual Alumni brunch, where she received the Distinguished Alumni award.
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.”
International Tax and Miscellaneous Provisions
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...
Saltmarsh is pleased to announce that Stephen Reyes has been elected to shareholder as of January 1, 2013.
The Internal Revenue Service today issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
By now, virtually all employers have addressed compliance with Internal Revenue Code section 409A (‘section 409A’) as it relates to their non-qualified ...
If Jose Reyes became a Florida resident in 2013 and remained with the Marlins, he would have saved nearly $8 million dollars in total income tax.
Financial statement filers whose financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP) are likely familiar with the terms “FIN 48” or “Uncertain Tax Positions.”
On October 24, the Internal Revenue Service (IRS) released Announcement 2012-42, outlining new, extended timelines for due diligence requirements and withholding under the Foreign Account Tax...
In this year 2012, it becomes increasingly important to plan for write offs of investments in Private Equity Funds.
“Going green” has become the mantra for many contractors and building owners. The challenge is to practice environmental stewardship in a way that’s also conducive to a healthy bottom line.
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.
We had the chance to attend the University of West Florida's College of Business Education Center Ribbon Cutting Dedication and Reception on Thursday, October 4, 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.
The Patient Protection and Affordable Care Act established medical loss ratio standards for health insurance providers...
Ten members of the Saltmarsh Construction Industry team have recently earned the designation of Construction Industry Technician (CIT)
The Association for Accounting Administration recognizes John Watton as an Accredited Administrator in Accounting Practice Management (AAAPM)
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.
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...
Jason Loeffler, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of Certified Public Accountant (CPA).
In November 2011, the Financial Accounting Standards Board (FASB) re-issued their exposure draft on Revenue Recognition for Contracts with Customers (Topic 605). The reissued draft was in response to more than 1,000 comment letters from the industry and the accounting profession, as well as other stakeholders.
The Supreme Court has upheld the constitutionality of the 2010 health care reform legislation, but what does that mean for small businesses?
Thursday, June 28th, The Supreme Court ruled 5 to 4 that Congress does have the power to require that individuals acquire and maintain health care insurance.
The Internal Revenue Service (IRS) recently proposed regulations to address points of confusion related to the ‘substantial risk of forfeiture’ provision...
The IRS Forges Ahead with FATCA: Draft Forms and Registration Process On June 6, the Internal Revenue Service (IRS) released draft versions (as of 5/31/12) of revised Form W-8BEN and new Form W-8BEN-E, which are designed to conform to new Chapter 4 of the Internal Revenue Code, effective 1/1/13.
Saltmarsh is pleased to announce that Paul S. Allen has joined Saltmarsh as a Shareholder and will be opening an Orlando area office.
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...
Saltmarsh hosted a CPE event on Friday, May 18, at New World Landing in Pensacola, Florida. Over 80 participants were in attendence representing Saltmarsh, and other offices in the surrounding area...
Following two initiatives in 2009 and 2011, the Internal Revenue Service (IRS) has announced a third offshore voluntary disclosure program (OVDP) for foreign financial accounts – this one with an indefinite deadline to apply. In this connection, the IRS noted that...
The Internal Revenue Service (IRS) has released final regulations requiring reporting of interest paid on deposits maintained at U.S. offices of certain financial institutions by nonresident alien individuals beginning on January 1, 2013...
Saltmarsh Construction Services publishes a quarterly newsletter filled with industry specific news and information you can trust.
Suzanne Cox, CPA, of our Tampa office talks about stolen tax returns.
Congratulations to Robin Larrieu and Justin Smith for being named to the Pensacola Independent News Rising Stars 2012 list!
Bill Massey, CPA, Shareholder, has been quoted in the latest edition of American Banker and on AmericanBanker.com.
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.
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.
Saltmarsh employees participated in the United Way's Day of Caring by helping Oakcrest Elementary School with the up-keep of their vegetable and butterfly gardens.
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.
Internal Revenue Code (IRC) S. 461 governs the timing of deduction for certain expenses incurred by accrual method taxpayers. A common expense for which many companies provide an accrual is incentive compensation. The IRS released Revenue Ruling 2011-29 on November 9, 2011, providing guidance on how a plan should be structured in order to permit a deduction in the year the services are provided.
In today’s day and age, it’s hard to imagine any company that is not using the internet or internal technology to drive their business. However, companies, their boards and shareholders may not always understand the full extent of the risk that lies in that technology.
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.
On September 15, 2011, the Treasury issued proposed regulations which would include Credit Default Swaps (CDS) in the definition of a Notional Principal Contract (NPC) under Treas. Regulation 1-446.3.
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.
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.
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).
Jen Elkins, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of Certified Public Accountant (CPA) and has been promoted to Senior.
On March 29, 2011, the IRS released Rev. Proc. 2011-26 providing much-needed guidance on 100% bonus depreciation and associated issues.
Judy Fryer, Certified Section 125 Administrator, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager in the Retirement and Medical Plans Department.
Heather M. Starratt, ERPA, QKA at Saltmarsh, Cleaveland & Gund, has been promoted to Manager in the Retirement and Medical Plans Department.
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.
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.
Fiduciaries Need to Plan Now to Comply with DOLs Final Regulation on Transparency of Fees and Expenses
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 worlds foremost experts on those issues.
Glenn Scharf, CPA, at Saltmarsh, Cleaveland & Gund, has been selected to serve on the Executive Committee effective January 1, 2011.
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.
Benny Gaines has joined our firm as Senior Manager in our Retirement and Medical Plan (RAMP) Consulting Department.
The November 2010 issue of Florida Trend Magazine lists its picks of the Top Rank Florida Accounting Firms.
Join us for our free Government Contractor Planning Workshop!
Stogniew & Associates and Saltmarsh, Cleaveland & Gund are merging effective October 1, 2010.
Andrew Kent has joined our firm as Litigation and Valuation Consultant in the Business Advisory Group.
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.
Gov. Charlie Crist announced two appointments to the Santa Rosa Bay Bridge Authority which governs the Garcon Point Bridge.
Gulf Oil Spill: Questions and Answers
Allyson Oury, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA Certified Public Accountant.
Philip de Boer, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA Certified Public Accountant.
Health care reform is now the law of the land. And nearly every individual and business in the U.S. will be affected by the new laws provisions.
SBA is making low-interest loans available to Florida small businesses suffering financial losses following the Deepwater BP oil spill that shut down commercial and recreational fishing in the Gulf.
BP and the MC252 Oil Well Incident in The Gulf of Mexico
The following information has been provided by the office of Senator Bill Nelson: On Friday, May 14, 2010, the U.
Saltmarsh, Cleaveland & Gund is proud to announce the acquisition of Lundy, Minnich & Linnvilles clients. Due to H.L. Minnichs impending retirement, he has transferred clients of Lundy, Minnich & Linnville to Saltmarsh effective January 1, 2010.
Justin Smith at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.
Beth Skarda, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2010.
Angelika Cope, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.
Philip de Boer, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.
Cathy Gianotto, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2010.
Araba Knoblock, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.
Diane Martinez, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2010.
Justin Smith, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA Certified Public Accountant.
Defining moments of 2009: Bank failures, workouts grow One hundred forty banks and thrifts failed through the first 50 weeks of 2009, including 14 in Florida and four in the Tampa Bay area, and industry experts anticipate that pace will continue through 2010.
Our very own Nathan Botts quoted in the Jacksonville Business Journal
Saltmarsh is pleased to announce that Kendra Branch has achieved her certification as a 125 Cafeteria Plan Administrator.
Trevia Buckner, with Saltmarsh, Cleaveland & Gund, has recently earned the designation of CPA Certified Public Accountant.
Greg Storey, CPA, CHAE, a Senior Manager in the Audit Services Department of Saltmarsh, Cleaveland & Gund, has received his Certified Internal Auditor (CIA) designation.
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.
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 firms Financial Institution Advisory Group.
On March 10, 2009, the United States Tax Court issued an opinion regarding Research and Development tax credits (R&D credits) claimed by Union Carbide.
Saltmarsh, Cleaveland & Gund announced a new technology arm dedicated to meeting the comprehensive business needs of customers throughout Northwest Florida.
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.
Shannon Lands, Human Resources Manager with Saltmarsh, Cleaveland & Gund has recently earned the certification as a Senior Professional in Human Resources (SPHR).
Beth Varhalla, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Manager effective January 1, 2009.
Amy Infinger Stachowicz, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior effective January 1, 2009.
Greg Storey, CPA, CHAE, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior Manager effective January 1, 2009.
Allison Jones, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior Manager effective January 1, 2009.
Lisa Fairbanks, CPA, at Saltmarsh, Cleaveland & Gund, has been promoted to Senior Manager effective January 1, 2009.
Frank has served as a Senior Manager in the Pensacola office of Saltmarsh, Cleaveland & Gund, for the past 10 years.
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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