Employee stock ownership plans (ESOP) were traditionally viewed as acquisition vehicles used in transactions involving manufacturing or other capital-intensive businesses; however, more often, ESOPs are being considered and successfully used for the transition of ownership in professional services firms.

Katz, Sapper & Miller’s Randy Hooper will participate in the 2018 American Trucking Associations (ATA) National Accounting & Finance Council (NAFC) Conference.

For years the tech community has grappled with Indiana’s taxation of software, and specifically software-as-a-service (SaaS). But with the passage of Indiana Senate Bill 257, sellers and buyers of SaaS products now have clearer guidance, which is effective beginning July 1, 2018.

On the most recent (i) on Economic Development, Tim Cook and Katie Culp join Gerry Dick to discuss tourism’s impact on economic development.

Katz, Sapper & Miller’s JC Wilkinson and KSM Consulting’s Mark Caswell will present at the Indiana Manufacturers Association’s (IMA) Manufacturing Technology Summit June 6 in Indianapolis. The event brings together leaders in the manufacturing industry to explore cutting-edge technologies and how they can be used to improve profitability.

In the most sweeping overhaul of the U.S. tax code in more than three decades, the Tax Cuts and Jobs Act of 2017 will have a profound impact on both individuals and businesses. The IRS has recently issued additional guidance on how this legislation will be implemented. What is the impact of these changes?

Josh Brown, a franchise and entrepreneur attorney with The Law Office of Josh F. Brown, LLC, joins us to expand upon our initial discussion about restaurant franchising, how it’s done, key components to consider, and more.

Katz, Sapper & Miller’s Not-for-Profit Services Group will host “Building and Evaluating Programs for Your Not-for-Profit Organization” May 24 in Indianapolis.

In recent years, the Financial Accounting Standards Board (FASB) received feedback that revenue recognition guidance was fragmented at best, confusing at worst. This is significant considering revenue is the key measurement used to determine a manufacturing company’s performance. In response to this feedback, the FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, in May 2014, and subsequently amended it. This is the most significant revision to U.S. Generally Accepted Accounting Principles (U.S. GAAP) revenue recognition standards in history.

The effects of tax reform are wide-reaching, but for financial services professionals – including alternative investors, broker-dealers, registered investment advisors, and wealth managers – the impact will be keenly felt not only in the financial services industry itself but also in the industries in which they are invested.