Viewpoints
Knowledge shared and grown for the...
Construction Community

What is keeping construction firm owners and executives occupied these days? Combine tax, audit and business planning complexities with the realities of an economic downturn, and add firm continuity and succession problems into the mix, and you will get an idea of what is top of mind in in this community. Read or listen to what TBG partners and staff have to say about a wide variety of these issues, and share your observations and insights with your peers.
The Business Deal of a Lifetime
Gordon Robbie
Tags: Accounting firm CPA firm Business valuation Business tax preparation Succession planning
Since so many business owners list their business as their primary financial asset, transitioning their business is going to be the most important deal of their lifetime. Unfortunately 70% of owners regret their decision, and many business successions fail to achieve their objectives. In this Viewpoint by Bonadio’s Construction Team leader, Gordon Robbie, CPA, you’ll find out how to design and implement a succession plan that works.
Does Your 2009 P&L Statement Have a Hidden Tax Deduction?
Bruce Zicari
Tags: Accounting firm CPA firm Business tax preparation
According to Bruce Zicari, team leader of our Small Business Advisory Group, and Roger Upton, a Director of the real estate tax consulting company, MS Consultants, there’s a very narrow window of opportunity for business owners to take advantage of what’s known as the “repair vs capitalization” opportunity. Did you know that it may be possible to move certain capitalized items and reclassify them as a repair, and by doing so, change the deduction equation significantly in your favor?
Do You Need a “Personal CFO”?
Cynthia L. Turoski
Tags: Accounting firm CPA firm Wealth management Financial planning
Just like a company has a CFO, you and your family might benefit from having a “Personal Chief Financial Officer” – a highly trained and qualified professional responsible for planning, and oversight of your personal finances, and management of your insurance, investment, legal and accounting team.
Click to learn (and comment upon)what a Personal CFO is, what they do, and the peace of mind they can deliver in this Viewpoint by Cyndi Turoski, Managing Director of Bonadio Wealth Advisors.
Disclaimer: The Bonadio Group provides the information in Viewpoints for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in Viewpoints are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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