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Dos and Don'ts of Creating an Effective Succession Planning Strategy
In today’s fast-paced world, employees at any company are always coming and going, creating a perpetual ebb and flow. With this, the organizational structure is in a constant state of flux. Roles get...
View ArticleCheck Stealing Scams Can Impact Your Construction Company – 7 Steps You Can...
In today’s digital world, businesses face security threats on a regular basis. However, a larger threat can come from a nondigital process. Check stealing scams are one of the most prevalent scams...
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Kreischer Miller Named a 'Firm to Watch' and a 'Regional Leader' By...
HORSHAM, PA, March 22, 2024 —Kreischer Miller, a leading independent advisory, audit and accounting, and tax firm serving the Greater Philadelphia and Lehigh Valley areas, today announced that it has...
View ArticleShield Life Insurance Proceeds from Estate Tax with an ILIT
Life insurance can provide peace of mind, but if your estate will be large enough that estate taxes will be a concern, it’s important to not own the policy at death. The policy’s proceeds will be...
View Article4 Keys to Effective Risk Management in Your Private Company
Leaders face an onslaught of daily decisions that have significant influence over their organizations. Yet, how frequently do these leaders confront the risks these decisions pose and take measures to...
View Article6 Reasons Why an Updated Shareholder Agreement is Important to Private...
While the majority of privately-owned companies may have shareholder agreements, many of the agreements are locked away in a filing cabinet and have not been examined for years. However, an updated...
View ArticleThe CECL Model – What Should My Not-For-Profit Organization Expect with...
The Financial Accounting Standards Board (FASB) released an update that is currently in effect for private companies and not-for-profit organizations. Accounting Standards Update (ASU) 2016-13,...
View ArticleCan State Nexus Have a Positive Impact on My Business?
This is part two of a four-part series that provides important information on State Tax Nexus. Part one of this series discussed state tax nexus and the new frontier. The term “nexus” is often viewed...
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Understanding ESOP Audit Requirement Rules
Employee stock ownership plans (ESOPs) are retirement plans in which a company contributes its stock or money to buy its own stock, which is held in a trust for the benefit of the company's employees....
View ArticleFamily Business Conundrum: What to Do With Children Who Are Not Involved in...
I have recently been working through a myriad of family business transitions, and an interesting theme ran across too many of them to go unnoticed. The issue centered around a struggle of how to best...
View Article3 Challenges of Managing Growth in Your Business
Many business owners would be thrilled to have their company’s revenue and net income grow by double digits every year, but high growth businesses can face challenges. If these challenges are not...
View ArticleThe True Costs of High Employee Turnover
Employers know that there is a real cost of losing good talent. However, figuring out how to calculate your “turnover cost” can feel a bit abstract, like making an estimated guess. Turnover costs can...
View ArticleRevenue Due Diligence in M&A: What Are Buyers Looking For?
M&A due diligence is a critical and necessary step when a company is looking to sell and attract potential buyers. During the due diligence process, acquirers will examine a company’s financial...
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4 Ways Kreischer Miller Helped Me Achieve Work Life Balance as a Tax Accountant
My name is Yoana Koleva and I joined Kreischer Miller in January 2023 as a Senior Accountant in our Tax Strategies group. After specializing in expatriate taxation at two large public accounting firms...
View ArticleKreischer Miller Ranked Top Mid-Size Employer for 2024 by The Philadelphia...
HORSHAM, PA, May 13, 2024 — Kreischer Miller, a leading independent advisory, audit and accounting, and tax firm serving the Greater Philadelphia and Lehigh Valley areas, today announced that it has...
View ArticleRevisiting Estate Planning in Light of Potential Tax Law Changes
A business owner’s most significant asset is usually their business interest. Ensuring that this asset is considered in an overall estate plan is paramount for successful long-term planning. With...
View Article5 Steps to Future-Proof Your Business
Being part of the Kreischer Miller team offers the invaluable opportunity to collaborate closely with many outstanding closely held businesses. Their cultures, growth strategies, and challenges often...
View ArticleHow the OMB Uniform Guidance Revision Will Impact Your Not-for-Profit...
In April 2024, the Office of Management and Budget (OMB) revised the OMB Guidance for Grants and Agreements, now called the OMB Guidance for Federal Financial Assistance. The OMB is revising and...
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Key Findings from Our 2024 Private Company Pulse Survey
We recently conducted our annual Private Company Pulse survey. We created this survey because we recognized how critical privately held and family-owned companies are to our region’s economy, job...
View ArticleResults from Kreischer Miller's 11th Annual Greater Philadelphia...
Kreischer Miller's 11th Annual Greater Philadelphia Manufacturing & Distribution Survey was intended to gather information about the current state of manufacturing and distribution in our region,...
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