The Crystal Client Spotlight shines on Aero Industries

| Client Spotlight

Innovation and global leadership is the hallmark of Aero Industries, Inc, a manufacturer of tarp systems and trailer accessories for trucks and one of Alerding CPA Group's very first clients. With over 75 patents in the United States and Canada, Aero has become one of the nation’s leading providers of accessories for the transportation industry. Founded in 1944 and headquartered in Indianapolis, Aero is continually enhancing and customizing products offering tarp systems and other trailer accessories Read more [...]

A midyear review should go beyond financials

| Business Briefs

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably encounter a few bumps along the way and, hopefully, reach your destination with some success and a few lessons learned. The middle of the year is the perfect time to stop for a breather. A midyear review can help you and your management team determine which objectives are still “meetable” and which ones may need tweaking or perhaps even elimination. Naturally, this will involve looking Read more [...]

Do you need to adjust your withholding?

| Tax Briefs

If you received a large refund after filing your 2017 income tax return, you’re probably enjoying the influx of cash. But a large refund isn’t all positive. It also means you were essentially giving the government an interest-free loan. That’s why a large refund for the previous tax year would usually indicate that you should consider reducing the amounts you’re having withheld (and/or what estimated tax payments you’re making) for the current year. But 2018 is a little different. The Read more [...]

Could a long-term deal ease your succession planning woes?

| Business Briefs, Business Miscellaneous

Some business owners — particularly those who founded their companies — may find it hard to give up control to a successor. Maybe you just can’t identify the right person internally to fill your shoes. While retirement isn’t in your immediate future, you know you must eventually step down. One potential solution is to find an outside buyer for your company and undertake a long-term deal to gradually cede control to them. Going this route can enable a transition to proceed at a more manageable Read more [...]

Factor in state and local taxes when deciding where to live in retirement

| Tax Briefs

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes should factor into your decision. Income, property and sales tax Choosing a state that has no personal income tax may appear to be the best option. But that might not be the case once you consider property and sales taxes. For example, suppose you’ve narrowed your decision down to two states: State 1 has no individual income tax, and State 2 has a flat 5 percent individual Read more [...]

Bookings vs. shippings: A sales flash report primer

| Business Briefs

Do bad sales months often take you by surprise? If so, don’t forget the power of flash reports — that is, snapshots of critical data for quick, timely viewing every day or week. One specific way to use them is to track bookings vs. shippings. Doing so can help you determine what percentage of volume for certain months should be booked by specific dates. These reports are particularly useful if more than 30 days elapse between these activities. Get super specific Here’s how your flash Read more [...]