As another tumultuous year draws to a close, both individuals and small business owners are advised to assess their current tax situation with an eye on maximizing available tax breaks and avoiding potential tax pitfalls. Planning should be based on the latest laws of the land. Just look at the significant legislation enacted in recent...Continue Reading
During the pandemic, due to much uncertainty about the future, business owners held on to their businesses. Would their industry fare well? Would there be a great shift in technology as a result, and would they have the bandwidth to keep up? By early 2022, M&As found their foothold and a lot of businesses have...Continue Reading
By Meg Hampton Financial statement auditors don’t make business decisions for clients, nor do they take any part in accounting processes or procedures. It’s not even their primary goal to test internal controls. Their job is to assess risk. In the process of conducting audit and assurance work, your audit team will gain knowledge about...Continue Reading
An owner retaining a building after the sale is a very common practice we see in M&A transactions. This can be a source of cash flow after selling the business. In this video, Ryan Campbell, CPA, CGMA, CVA, Partner in Charge for our Pensacola office, talks about the valuation process, including cash flow adjustments and...Continue Reading
“What Am I Walking Away With?” When selling a company, a determination needs to be made about whether it will be an asset sale or stock sale transaction. In this video, Andrew Labosier, CPA, CVA, explains the differences between these two options so you can determine which one is right for you. The team at...Continue Reading
How do you know when you need a full study or if a calculation of business value will be sufficient? For business sale or dissolution, business merger, a transfer of ownership or a divorce, spend your time – and money – wisely when determining the value of your business. In this video, Manager Andrew Labosier,...Continue Reading
Anglin Reichmann Armstrong has been chosen as Pensacola News Journal’s “Best of the Bay” in the Accountant category for 2022. This will be the third time we have won the Best of the Best Pensacola readers’ choice award since 2019. The “Best of the Bay” is a designation among the best of the best local...Continue Reading
We’re Moving our Pensacola Office ‘Downtown’ Someone once said, “things will be great when you’re downtown.” We decided to see if that is true in Pensacola. In late October our Pensacola team is making the move to 25 W Government Street, just blocks from the waterfront and within walking distance to galleries and restaurants. We...Continue Reading
Maximize Your Estate and Gift Exclusions Before 2025 In 2022 the Internal Revenue Service maintains a $12.06 million gift and estate exemption as part of the Tax Cuts and Jobs Act of 2017, meaning that you can leave up to $12.06 million to a spouse automatically after death without your spouse incurring a federal estate...Continue Reading
On August 25, 2022, Anglin Reichmann Armstrong and PTAC Florida hosted a government contracting growth summit called “Evolve.” This event aimed to connect small, medium, and large companies to discuss government contracting opportunities through networking and educational presentations. The event was held at the Hilton Garden Inn in Ft. Walton Beach, FL. Our 2022 Evolve...Continue Reading
