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Succession Planning for Professional Services Firms: The ESOP Option

Posted 7:55 PM by
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.
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Hooper to Address M&A Issues at American Trucking Associations Conference

Posted 2:08 PM by
Katz, Sapper & Miller’s Randy Hooper will participate in the 2018 American Trucking Associations (ATA) National Accounting & Finance Council (NAFC) Conference.
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2018 Indiana Legislative Update

Posted 5:56 PM by
(Legislative) season’s greetings as we present our annual Indiana legislative update. As 2018 was a “short” session, the number of bills that ultimately passed was far fewer than those likely to be signed into law during the 2019 budget year. That said, there was still plenty of activity worthy of attention.
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State Tax Update for Technology Companies

Posted 5:42 PM by
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.
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(i) on Economic Development: Cook, Culp Talk Indiana’s Growing Tourism Industry

Posted 1:08 PM by
On the most recent (i) on Economic Development, Tim Cook and Katie Culp join Gerry Dick to discuss tourism’s impact on economic development.
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Wilkinson and Caswell to Present “How to Turn Data Into Dollars” at Manufacturing Technology Summit

Posted 4:00 AM by
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.
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KSM to Host Tax Reform Seminar May 15

Posted 4:00 AM by
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?
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'Grow Your Restaurant' Podcast: Josh Brown of The Law Office of Josh F. Brown - Part Two

Posted 1:40 PM by
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.
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KSM to Host ‘Building and Evaluating Programs for Your Not-for-Profit Organization’ May 24

Posted 6:13 PM by
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.
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Revenue Recognition Changes Are Here. Is Your Manufacturing Company Ready?

Posted 1:00 PM by
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.
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