Main Street Lending Act Provides Financial Relief to Mid-Size Companies

There are around 40,000 mid-size businesses employing 35 million Americans, but as of yet, financial relief measures have been targeted to small businesses and self-employed individuals.

2020-04-17T16:08:04-04:00April 16, 2020|Categories: Business Advisory, PBMares COVID-19 Insights|Tags: , |

Pass-Through Deduction Impacts Deal Making

Source: RSM US LLP.  PBMares is a member of RSM US Alliance.
Partnerships (and LLCs taxed as partnerships) are common vehicles for the portfolio companies that private equity funds acquire.

2020-04-28T10:48:36-04:00February 5, 2020|Categories: Business Advisory, Tax: Business|Tags: , |

Automation, the Human Touch, and Cloud Accounting

Organizational leaders can spend less time on repetitive accounting tasks and more time connecting with clients and by using automated and cloud computing software. Learn how cloud accounting can save you time, money and frustration so you can focus on what matters most.

2019-11-21T16:41:12-05:00November 21, 2019|Categories: Accounting, Business Advisory|Tags: , |

Business Interest Limitation Affects More Businesses

One recently overlooked item of the Tax Cuts and Jobs Act for companies involved with a syndicate or tax shelter is business interest expense limitation. Don’t be caught off guard. Proper planning and reporting can help preserve your current year deduction.

2019-09-27T13:37:50-04:00August 16, 2019|Categories: Accounting, Business Advisory, Tax: Business|Tags: , |

Due Diligence Should Be More Than Numbers

Whether it is to gain access to new technologies or increase resources and market presence, more companies, large and small are considering a merger or acquisition.  Due diligence during a merger with or acquisition of a government contractor should be more than just numbers.  Even those merger or acquisition targets with the best of numbers may not be a good fit, taking your company where you don’t want to go.

It’s a Good Time to Do Business in the Shenandoah Valley

From a regional perspective, the Shenandoah Valley has a diverse economy made up of numerous industries and no one dominant company. As a result, the [...]

Trump Tax Reform Plan: How It May Affect You and Your Company

One of the topics talked about all year is how our tax system needs to be greatly improved and just this week, President Trump and [...]

401(k) Plan Check-Ups Help Plan Sponsors Maintain Compliance

Many employers sponsor retirement plans to benefit their employees. While there are a variety of plans to choose from, one of the most popular options [...]

Do 401(k) Deposit Classifications Really Matter?

Question:  Our payroll person remitted our employee retirement plan “safe harbor” money into the profit sharing accounts of participants.  Does it really matter or can we [...]

When Do I Need a HIPAA Business Associate Agreement?

Your medical practice has responsibility for protecting the privacy of health information under the HIPAA Privacy Rule while carrying out health care activities. In order [...]