Blog

Arizona’s New Limited Liability Company Act

  

Arizona has long had laws defining and regulating limited liability companies (LLCs) organized within the state. The first law was codified in the Arizona Revised Statutes in 1992, and it remained substantially unchanged until 2018. In 2018, the Arizona legislature enacted the new Arizona Limited Liability Company Act (ALLCA). The ALLCA will affect all Arizona…

Read More

7 Behavioral Red Flags for Internal Fraud

  

Fraud can be uncovered in many different ways: a tip, management review, internal or external audit, document examination, account reconciliation, or even by accident. In 53 percent of cases, however, someone at the company has noticed something amiss and alerted the company. That means there were clues along the way. It’s easy to miss these…

Read More

Why Do You Need a Business Valuation?

  

Why would you consider keeping your business valuation current? You might be able to think of one or two reasons, but there are plenty: What if something calamitous were to happen to you as the business owner? It obviously would mean a major change. With an up-to-date business valuation, your family will have a much…

Read More

Arizona’s New Limited Liability Company Act

October 15, 2019

Arizona has long had laws defining and regulating limited liability companies (LLCs) organized within the state. The first law was codified in the Arizona Revised Statutes in 1992, and it remained substantially unchanged until 2018. In 2018, the Arizona legislature enacted the new Arizona Limited Liability Company Act (ALLCA). The ALLCA will affect all Arizona…

7 Behavioral Red Flags for Internal Fraud

October 15, 2019

Fraud can be uncovered in many different ways: a tip, management review, internal or external audit, document examination, account reconciliation, or even by accident. In 53 percent of cases, however, someone at the company has noticed something amiss and alerted the company. That means there were clues along the way. It’s easy to miss these…

Why Do You Need a Business Valuation?

September 12, 2019

Why would you consider keeping your business valuation current? You might be able to think of one or two reasons, but there are plenty: What if something calamitous were to happen to you as the business owner? It obviously would mean a major change. With an up-to-date business valuation, your family will have a much…

R&A CPAs Named a Top 400 Firm for 2019

August 13, 2019

Tucson, AZ, August 7, 2019 — R&A CPAs announced today that it has been named a Top 400 Firm for 2019 by INSIDE Public Accounting (IPA). It is the second consecutive year R&A has achieved this distinction. This annual ranking gathers surveys and analytical data from firms across the United States. R&A helps clients achieve their financial…

R&A CPAs Hires John Green as Assurance Manager

August 7, 2019

R&A CPAs announced today that John Green, CPA, MS, has joined the firm as Assurance Manager. John brings a wealth of experience including financial reporting and strategic planning for small- and medium-sized businesses and multi-national publicly traded companies in multiple sectors including insurance, specialty finance, hedge funds, private equity, healthcare, and employee benefit plans including…

Taxpayers should be on the lookout for new versions of these two scams

July 8, 2019

With scam artists hard at work all year, taxpayers should be on the lookout for a surge of evolving phishing emails and telephone scams. Taxpayers should watch for new versions of two tax-related scams. One involves Social Security numbers related to tax issues. The other threatens taxpayers with a tax bill from a fictional government…

Done With Taxes This Year? Use 2018 Return to Get 2019 Withholding Right 

May 2, 2019

WASHINGTON — Millions of taxpayers filed a 2018 tax return in the last few weeks, making now a prime time for everyone to consider whether their tax situation came out as they expected. If it didn’t, they can use their recently finished 2018 return and the IRS Withholding Calculator to do a Paycheck Checkup and…

How Will The Mexican Tax Reform Impact You?

January 17, 2019

Although Mexico’s budget for 2019, which entered into effect as of January 1, 2019 does not include any new taxes, there are some changes that should be kept in mind during this fiscal year such as: Elimination of universal offset One of the most significant changes included in the 2019 tax reform is the elimination…

Will You Be Taking Advantage of the New 20% Pass-through Business Deduction This Year?

January 16, 2019

One of the most talked about changes under the Tax Cuts and Jobs Act is the new 20% deduction afforded to qualifying businesses. This deduction applies to income from pass-through entities and may provide a substantial tax benefit to individuals that qualify for the deduction. What exactly is the pass-through business income deduction? The deduction…