Congratulations to the top 25 general contractors in the Triad as reported by the Triad Business Journal! This ranking was based off of 2014 billings in the Triad including Greensboro, Winston-Salem, High-Point and surrounding areas. The Top 25 General Contractors in the Triad region are: 1. Samet Corp. 2. Thompson Arthur Division of Apac Atlantic 3. Landmark Builders…
DetailsFraud and embezzlement are words that can really cause an Association a lot of wasted time, money and energy. So how can the Board of Directors get out in front of any potential fraud or embezzlement? This is really simple and easy, but is almost always overlooked. The Board needs to understand their role in…
DetailsWith April 18th in your rear view mirror it is time to review how your tax preparation went. Was it a painless process for you? Did you have constant communication with your accountant? If you did, you should thank your accountant and start planning for next year! If not, maybe it is time to start…
DetailsOver time, the role of the CFO has evolved from transaction oversight to one of strategic importance. The CFO has become a true business advisor which both business owners and senior leaders rely on. Typically, the CFO will model the owner and leader’s vision into a financial pro-forma to evaluate whether they can and will…
DetailsWhat could increased take-home pay mean for your 2018 tax return? The recent tax reform has instituted a variety of changes in both individual taxes and business taxes starting in 2018. Many Americans can expect a decrease in tax, and with the new federal withholding tables released earlier this year, an increase in take home…
DetailsAs of January 1, 2018, SBA has changed the Business Acquisition Equity Requirements. This requirement is commonly referred to as the “Goodwill Rule.” Updates are as follows: They eliminated the $500,000 benchmark all together. They now require that the buyer puts down a minimum of 10% of the Project Costs. (NOTE: This is 10% of the…
DetailsIt’s the day after tax deadline day, months of hard work and stress have come to an end. Now what should you do? We are sure that you can think of many exciting things, one of which is probably taking a break from worrying about your taxes! Enjoy having the peace of mind that your…
DetailsIn this recent article by Journal of Accountancy, CEO John Bly explains how LBA Haynes Strand successfully transitioned to cloud-based technology. In today’s world it is necessary to be able to work remotely and have the same access as you would if you were in the office. Are you considering making the switch to the cloud?…
DetailsLBA Haynes Strand works with our partners at HK Financial Services to provide wealth management planning strategies for our clients. Last week, LBA Haynes Strand and HKFS presented an economic update webinar. We understand that life and schedules are extremely busy, so we wanted to provide a copy of the webinar for our clients and…
DetailsIf you’re anything like our LBAHS employees, you have already planned your weekend shopping trip. For those who may not know, August 2nd through August 4th is tax-free weekend in South Carolina. This is an annual sales tax holiday where both resident and non-resident shoppers are provided with the opportunity to purchase certain items free…
DetailsThe IRS has created a tax design challenge for the taxpayers. Taxpayers are encouraged to reimagine the entire taxpayer experience and design the experience of the future. The IRS is offering a $10,000 award for the Best Overall Design and a number of other prizes for those that are most useful and most financially capable. To see the…
DetailsIt’s almost that time again… Tax Season! We want to make sure that you are taking advantage of all the tax deductions that are available to you when you are traveling for charity. There are a few things that you want to make sure you are doing to make sure the deductions qualify. A few tips to…
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