BeachFleischman PC Opens Phoenix Office to Better Serve Growing Client Base
Southern Arizona’s largest independently owned CPA firm provides tax, assurance, accounting and advisory services to growth oriented professionals, closely-held corporations, and not-for-profit organizations. TUCSON, AZ – BeachFleischman PC, a certified public accounting and business advisory services firm based in Tucson, is pleased to announce that it is expanding its Arizona operations with the addition of .. read more
ERISA Advisory Council Report on Employee Benefit Plan Audits
By CariAnn Todd, Senior Manager Have you ever asked yourself “If the auditor is policing our benefit plan, who is policing the auditor?” In addition to the professional requirements imposed on CPA’s who are members of the American Institute of Certified Public Accountants (AICPA), when it comes to audits of employee benefit plans, the Department .. read more
Not-For-Profits: Focus on Fiscal Matters
By Jim Lovelace, Shareholder Many not-for-profit organizations have been unable to escape the effects of the current bear market. Although not-for-profits are not typically market risk takers, the weakened market did not discriminate and all sectors are feeling the pain today. With the recent economic downturn, portfolios have lost ground. Not-for-profit organizations have had to .. read more
Ten Steps for Successful Estate Planning
With the heartache and mixed emotions that occur upon someone passing away, the best gift of all to heirs may be a well thought out and thorough estate plan. There can be many pitfalls for an estate plan. These pitfalls can be avoided by taking a little time to make some honest assessments about your .. read more
Arizona Tax Credit Alert 2011
The Arizona legislature has retained the incentives for charitable giving for 2011. These credits are for individuals only, and the dollar limits differ depending on marital status. Your payments will make a positive impact on the recipient organization, while at the same time reducing your state income tax liability dollar for dollar. Here are descriptions .. read more
Tax Deduction Rewards Architects, Engineers and Contractors for Sustainable Public Sector Work
Significant tax breaks for architects, engineers and contractors when projects beat energy efficiency standards. There is a little-known tax deduction that first became law with the 2005 Energy Policy Act. This deduction was further clarified by guidance from the IRS in 2008; rewarding energy-efficient public sector building design and putting tax incentive dollars into the .. read more
Is Your Business at Risk from Fraud?
An internal control study can help you assess the appropriateness of the controls in place over your systems. Such a study can be tailored to your businesses needs and budget. We’ll work with you to identify the intricacies of your business. During this process we assess the controls you already have in place and recommend additional cost effective controls that will help you achieve your goals.
Nonprofit Entities Mergers and Acquisitions Under the New Accounting Guidance
By Monica Barcelo, Senior Manager Many nonprofit entities are contemplating merging with or acquiring another organization as a response to the troubled economy of late. Management of these nonprofits see the challenges presented to struggling organizations and consider mergers and acquisitions as a way to shore up finances, consolidate fundraising efforts and reduce administrative costs. .. read more
Arizona Tax Credit Alert
The Arizona legislature has retained the incentives for charitable giving for 2010. These credits are for individuals only, and the dollar limits differ depending on marital status. Your payments will make a positive impact on the recipient organization, while at the same time reducing your state income tax liability dollar for dollar. Here are descriptions .. read more
Arizona’s Research and Development Tax Credit
Small Businesses Must Act Immediately to benefit from Arizona’s Game-Changing R&D Tax Credit Rules Conventional wisdom has been that research and development (R&D) tax credits were only for the “big” guys; because historically, tax credits could only be used to offset tax liability which is often not present in start-up and early stage companies. However, .. read more
