Most taxpayers have gotten very used to taking 100% bonus depreciation. Most of the time, people have been getting used to taking 100% bonus and writing off whatever they’re spending on capEx. This has been the case since the Tax Cuts and Jobs Act in 2017 – the Trump tax cuts. You may be thinking
An evolution has been taking place at Whittaker over the last year. If you’ve known us for a long time, you’ll have noticed things looking a little visually different on our website and communications. Maybe you’ve landed on this blog as a complete newbie to Whittaker, and you’re trying to figure out what we’re all
For this business, the powerful results of seeing profits go from $500k to $6.7 in a period of 18 months were primarily the result of implementing a financial dashboard, and holding monthly meetings. It sounds simple, but these two solutions are based on what we know works for businesses of this type. First, it’s critical
This company had an opportunity for his business to be acquired, and asked us to be a sounding board throughout this process. We held a meeting with the owner and his management team. “I was able to state my specific vision for each team member in a way I was never able to before,” he
This company came to us in the middle of an IRS audit. “Everything was a disaster,” they recalled later, “and we didn’t even realize it.” Whittaker worked together with the company’s highly qualified team to put the pieces together, stabilize the accounting records, provide guidance, and work with the team on how to move forward.
Streamlining of financial records was key for this business, who came to us with so many records, tax issues and strategic questions they weren’t sure where to start. They had three separate sets of financial records and we worked with them to come up with one. Because we did that, their property taxes were properly
After working for many years to grow your business, you may have reached the point where you’re thinking about selling. Maybe retirement is on the horizon and you’re counting on proceeds from the sale of your company to help support you. Eyes wide open Your business is possibly the most valuable transferrable asset you will