McClintock & Associates hosted its 13th Annual Busy Season Bowling Event at the Noble AMC Bowling Lanes on June 10th this year. The theme for this year’s event was Professional Careers with CPA/Accountant being off limits for obvious reasons. The eight careers represented included: Bee Keepers, Chefs, Hazmat, Police, Professional...
By Norbert F. Dietrich, CPA Have you ever heard of the term pushdown accounting and wondered what it means or how it applies? Well, pushdown accounting is one method of recording a business combination. There is no requirement to adopt, and very little guidance within, U.S. generally accepted accounting principles (U.S.GAAP)...
In today’s for-profit school environment, two concerns often expressed relate to cash flow and to net profit for owners. Since an optimal retirement plan design can help both increase cash flow through increased tax deductions and put more money into owners’ (and employees’) pockets for retirement, businesses and owners should...
By Douglas T. Mawhinney The Department of Education has recently announced that students without a high school diploma (or recognized equivalent) may soon be able to receive Title IV funds through the reintroduction of Ability to Benefit Alternatives (http://www.ifap.ed.gov/dpcletters/GEN1509.html). This option is available only for students enrolled in an “eligible career...