Research has shown success as an entrepreneur requires an understanding of the four phases of a business life cycle: startup, growth, maturity, and succession. Understanding what phase your business is in can be critical to identifying your…
The following is a list of key tax-related deadlines affecting businesses and other employers during the second quarter of 2018. However, this list is not all-inclusive. There may be additional deadlines that could apply to you and…
Over the past years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, and while many smaller businesses are not yet taking it as payment, the trend of accepting bitcoin…
If you own a business and have a child in high school or college, hiring him or her for the summer can provide a range of benefits, including tax savings. And hiring your child may be more…
It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs Act (TCJA) further restricts the number of…
At this time of year, a summer vacation is often on your mind. If you travel for work, combining a business trip with a vacation to offset some of the cost with a tax deduction can sound…
The Tax Cuts and Jobs Act (TCJA) expands the first-year depreciation deductions for vehicles used more than 50% for business purposes. Here’s what small business owners need to know to take advantage. Depreciation Allowances for Passenger Vehicles…
Did you know that if you’re self-employed you may be able to set up a retirement plan that allows you to contribute much more than you can contribute to an IRA or even an employer-sponsored 401(k)? There’s…
By Mandi Raneri It’s no question that restaurants are fast-paced businesses with increased growth year after year. The National Restaurant Association projects that restaurant industry sales will reach $782.7 billion in 2016, with more than nine in…
A business valuation could be for a gift of ownership to children in the family business or to determine the value of a piece of ownership upon the death of one of the shareholders. Or it could simply be…
A healthy cash flow is imperative to running a business in today’s economic environment. Businesses that practice good cash management can typically survive in any economy. Businesses that don’t are much more susceptible to changes in the…
Choosing what type of entity to become can be one of the most important decisions an owner faces when starting a new business. This decision will have an impact on a number of factors, including liability, ability…
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Barnes Wendling (especially Lena) did a great job with our financials. Everything. It is extremely refreshing and comforting to know that all of our numbers are not only correct, but they are in the right place(s). Your diligence and reporting truly does make me (personally) feel better.
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Larry Friedman is exceptionally thorough and thoughtful.
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I can wholeheartedly tell you that I have yet to work with an audit or tax team that have been more helpful, easy to work with, and committed than the team at Barnes Wendling- I have been through three different firms in the last few years.
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Barnes Wendling CPAs has been performing our SOC reports since 2011. They’ve been instrumental in improving the quality of the report by providing recommendations on our description, control objectives, and controls. Their team is collaborative and helpful in working through the process and control changes that impact our report and business.
Ernest Pollak - President, National Enterprise Systems, Inc.
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The service is amazing at Barnes Wendling CPAs. The benefit is worth more than the cost. Sometimes it’s true that you get what you pay for.
Mark Boucher - Former Owner, Castle Heating & Air, Inc.
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Floyd and Barnes Wendling CPAs always provide us with peace of mind. Floyd is not only our trusted financial advisor, but we trust him like family. The Barnes Wendling CPAs team is always proactive and meet all of our deadlines. We are very grateful for them.
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Our heartfelt thanks to the Barnes Wendling CPAs team for all you do for us, such as your remarkable responsiveness, timeliness in meeting deadlines, and being such a pleasure to work with!
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The quality of your staff on our audit was excellent. I couldn’t ask for a more knowledgeable team with end-result focus.
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Barnes Wendling takes a holistic, comprehensive approach that helps ensure we are looking ahead to the future. By keeping us up to date on relevant law and regulation changes, we can focus on running our business rather than burying ourselves in tax law. All of this is well communicated, which is the key to any relationship.
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The valuation team at Barnes Wendling CPAs has provided us with consistently excellent service over the last ten years. We have been impressed with their expertise on business valuations, fairness opinions, and Topic 805 engagements.
Ric Hughes - CFO, AKSM
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Our auditors from Barnes Wendling CPAs are adept communicators, technically proficient, and patient, reasonable, and very personable. They add value through thoughtful recommendations based on in-depth client knowledge. I respect their opinions and highly recommend them.
Sue Leishman - CFO, Episcopal Diocese of Ohio
