Authored By Christine McLeod For boards of governments and nonprofit organizations, the annual audit is one of the most important governance moments of the year. The financial statements are presented, required auditor communications are delivered, and questions are invited. Yet…
Authored by Steve Avis In today’s competitive mergers and acquisitions environment, preparation often determines whether a transaction closes smoothly or stalls under scrutiny. One of the most effective ways a seller can prepare and retain control of the transaction story…
Authored by Brent Stratton For multifamily property owners and agents, 2026 is less about new regulations and more about preparing for what's next. HUD has extended some deadlines, clarified others, and continued rolling out compliance expectations that will impact operations…
Selling a business, rental property, or other large asset triggers a range of tax consequences, including capital gains tax, depreciation recapture, and the net investment income tax, that can result in a significantly larger bill than most sellers anticipate. Tools like installment sale elections, deal structure adjustments, and strategic closing timing can reduce that exposure, but most of them require action before the transaction is finalized. A conversation with your CPA before you enter active negotiations is the most reliable way to protect your after-tax proceeds.
Business owners who move money, goods, or services between commonly controlled entities are subject to IRS transfer pricing rules, which require that intercompany transactions be priced as if they were conducted between unrelated parties. When those prices are not set correctly, the IRS has authority under IRC Section 482 to reallocate income and assess back taxes, interest, and penalties that can reach 20% to 40% of the resulting underpayment. With the right documentation and a deliberate approach to pricing, most small and mid-size business owners can manage this exposure without complex or costly studies.
Most business owners carry a rough estimate of what their company is worth, but that mental number is not a valuation, and the gap between the two can be costly. A formal, methodology-based business valuation is required in a wide range of situations, including selling or transferring a business, estate planning, lending, divorce, equity compensation, and shareholder disputes. Working with a credentialed valuator and involving your CPA early ensures the resulting number is defensible when it matters most.
Nonprofits are disproportionately vulnerable to occupational fraud due to small administrative teams, part-time board oversight, and heavy reliance on cash-based transactions. Asset misappropriation schemes such as skimming, billing fraud, and expense reimbursement abuse are among the most common threats, and the typical scheme goes undetected for over a year. By implementing practical internal controls, strengthening board oversight, and engaging a CPA proactively, nonprofits can significantly reduce their exposure before a loss occurs.
Haynie has been recognized by AZ Central as a 2026 Top Workplace in Arizona, an honor that reflects what matters most to us: the voices and experiences of our people. This recognition is especially meaningful because it is based entirely…
Authored by Brent Stratton For Public Housing Authorities (PHAs), 2026 is shaping up to be a year focused on compliance and consistency. HUD isn't introducing major new programs, but it is finalizing regulations, ending temporary flexibilities, and increasing expectations around…
Many contractors recognize the value of a disciplined Monthly Job Review process. They understand that consistent project reviews lead to better forecasting, stronger accountability, improved cash flow management, and more informed decision-making. What often prevents progress, however, is the assumption…
