Alerding CPA Group named to inaugural IPA Top 400 accounting firms in the nation

| Business Miscellaneous, News

FOR IMMEDIATE RELEASE (INDIANAPOLIS) – The directors of Alerding CPA Group, an Indianapolis-based certified public accounting firm, are pleased to announce that the firm has been named to INSIDE Public Accounting’s (IPA) inaugural Top 400 firms in the country. IPA 400 firms are ranked by U.S. net revenues and are compiled by analyzing responses received from its annual surveys completed by firms across the country. Unlike firms on the IPA 300 list, IPA 400 firms range in size from $4.55 Read more [...]

Tax reform update on employee and business meals and entertainment

| News, Tax Briefs

As you’re likely aware, in late December 2017 Congress passed and the President signed the Tax Cuts and Jobs Act. The law will phase in a wide variety of changes to the way businesses calculate their tax liabilities — some beneficial, some detrimental. Revisions to the treatment of employee meals and entertainment expenses fall in the latter category. Read more [...]

Stay vigilant and use due diligence when hiring outside service providers

| Business Miscellaneous, News

Recently, I heard about a new form of theft against a central Indiana nonprofit.  Using the organization’s login information for its credit card processor, a perpetrator was able to issue repeated refunds to a Russian bank account.  The first two – one for $9,000 and the other for $21,000 -- were processed.  The third attempt for $80,000, however, was caught by the business administrator when he logged into the account and noticed the pending payment. Fortunately, insurance refunded the $30,000 that was stolen, but ultimately the nonprofit or business has the responsibility for selecting a qualified service provider.  With that in mind, you should exercise caution when using credit card processors, donation websites, and any other outside service providers that involve financial information. Read more [...]

Alerding CPA Group announces promotions and new staff appointments

| News

(INDIANAPOLIS) – The Directors of Alerding CPA Group, an Indianapolis-based certified public accounting firm, are pleased to announce the following staff promotions and new appointments: Sarah Gregory, CPA, CFE – promoted to Senior Audit Manager Chris Mennel, CPA – promoted to Senior Audit Manager Owen Pryor, CPA – promoted to Tax Supervisor Evan Rauch, CPA – promoted to Audit Supervisor Spencer King – new Staff Accountant Sarah Gregory, Senior Audit Manager and Certified Read more [...]

Ensuring a peaceful succession with a buy-sell agreement

| Business Briefs, Business Miscellaneous, News

A buy-sell agreement is a critical component of succession planning for many businesses. It sets the terms and conditions under which an owner’s business interest can be sold to another owner (or owners) should an unexpected tragedy or turn of events occurs. It also establishes the method for determining the price of the interest.   This may sound cut and dried. And a properly conceived, well-written buy-sell agreement should be — it is, after all, a legal document. But there’s a human side Read more [...]

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 [...]

Bridge over troubled waters

| News

By Linda DeTar     So you’re driving through a stop sign when another car runs through the sign at 50 miles-per-hour and hits you squarely on the side.  Unfortunately, you don’t survive the accident.  You’ve got a last will and testament, but it doesn’t provide details of your household, investments, login passwords, funeral wishes or other personal effects.  And now your loved ones must step in and try to locate everything and resolve all issues. Even if you survived this accident, Read more [...]

2016 Promotions & New Staff

| News

(INDIANAPOLIS) – The directors of Alerding CPA Group, an Indianapolis-based certified public accounting firm, are pleased to announce the following staff promotions and new appointments: Tracie Delph, CPA – promoted to Entrepreneurial Services Supervisor (photo) Tyler Kleinschmidt, CPA – promoted to Audit Senior (photo) Justin Schwartz, CPA – promoted to Audit Senior (photo) Kathryn Hartman – new Staff Accountant Hannah Medler – new Staff Accountant Tracie Delph, Entrepreneurial Read more [...]

Michael Alerding Receives Indiana University’s Inaugural Accounting Alumni Recognition Award

| News

We are pleased to announce that Michael P. Alerding was selected as one of only 12 winners nationally in the Indiana University Kelley School of Business’ inaugural Accounting Alumni Recognition Awards. Alerding received his award, in the Community Service category, on September 23 during a banquet in the President’s Hall on the Bloomington campus. Alerding, a 1971 Indiana University graduate who has worked in public accounting for forty-five years, has been extensively involved in the Indianapolis Read more [...]

Making your case for a business loan

| Business Briefs, News

By Bennie the Bean Counter     From afar, the commercial lending process may appear comical. On one side of the desk you have the lenders, who want to manage their risk by loaning money to only successful business owners. On the other side of the desk, you have the business owners — many of whom believe they can’t truly become successful until they get the money! To avoid this disconnect, you have to approach business financing as a partnership rather than a provider-customer relationship. Read more [...]