63132298 - audit text painted and magnifying glass on wooden table

Why Must our 401(k) be Audited?

| Business Miscellaneous

Part 1 of 3 in the “How to Survive a 401(k) Audit” Series By Evan Rauch, CPA     For generations, defined benefit pension plans were the retirement plan standard for just about every employer. However, these pensions became financially draining for employers as the life expectancy of their retired employees increased, making way for a new type of retirement plan – the defined contribution plan or a profit sharing plan.  Nearly 40 years later, defined contribution plans have become the Read more [...]
IU Assembly Hall

The Crystal Client Spotlight shines on Verkler, Inc.

| Client Spotlight

It says a lot about someone’s skillset when he can feature the famous Notre Dame Football Stadium in his professional portfolio. Such was the good fortune of carpenter Harry Verkler, who originally started the construction company known today as Verkler, Inc., a long-time Alerding CPA Group client. Since its beginning in 1935 and eventual ownership by Jim and Fred Lusk, Verkler has become one of Indiana’s premier general contractors. It was recently recognized by the American Concrete Institute Read more [...]
Operating across state lines presents tax risks

Operating across state lines presents tax risks — or possibly rewards

| Tax Briefs

It’s a smaller business world after all. With the ease and popularity of e-commerce, as well as the incredible efficiency of many supply chains, companies of all sorts are finding it easier than ever to widen their markets. Doing so has become so much more feasible that many businesses quickly find themselves crossing state lines. But therein lies a risk: Operating in another state means possibly being subject to taxation in that state. The resulting liability can, in some cases, inhibit profitability. Read more [...]
Want to attract young board members

Want younger board members: Consider a second board

| Business Briefs, Business Miscellaneous

By Chris Mennel & Natalie Hopkins     If you have been around nonprofits for very long, you have discovered that recruiting new board members is an ongoing challenge. Finding the best mix of talent to fill their needs (finance, development, etc) within the right age demographic can be a struggle. Add to this mix the search for younger board members so the nonprofits can effectively plan their futures, and the challenge grows. To overcome this obstacle, an increasing number of organizations Read more [...]
Thoughtful businessman looking at three arrows

3 hot spots to look for your successor

| Business Briefs, News

Picking someone to lead your company after you step down is probably among the hardest aspects of retiring (or otherwise moving on). Sure, there are some business owners who have a ready-made successor waiting in the wings at a moment’s notice. But many have a few viable candidates to consider — others have too few. When looking for a successor, for best results, keep an open mind. Don’t assume you have to pick any one person — look everywhere. Here are three hot spots to consider. 1.    Read more [...]