If you own a business, either wholly or in partnership, it is safe to assume that at some point in time you will need to obtain a business valuation.  Whether you plan to sell your Austin company, seek funding from lenders or investors, or expand its offerings through a strategic merger or acquisition, understanding the

No Austin business is completely safe from financial crime. Regardless of their size or industry, companies fall prey to fraud and embezzlement every day.  This type of illegal activity can potentially cripple an enterprise from the inside out, causing damage in the form of financial losses (both direct and as the result of legal

It's sometime in February and you realize the Form 1099 you received is in error. In fact, it overstates your income by several thousand dollars. What should you do? Gather your facts. Put yourself in the shoes of the vendor, bank or investment company representative. Gather evidence they will need to support your claim to correct

As informational tax forms start flowing in, you are reminded to review the forms and determine the correctness of the form. One of the keys is whether your employer (or contractor) sends you the correct form. Getting it wrong could cost you plenty in the way of Social Security, Medicare taxes, and other employment-related taxes.

We are excited to share that our client HydroPro Solutions has been honored by the Austin Business Journal as one of the 40 Fastest Growing Companies in Austin. This prestigious recognition highlights HydroPro’s dedication to revolutionizing the water and wastewater utility sectors with advanced technologies and forward-thinking solutions. HydroPro specializes in: Metering Water Line

In the majority of legal proceedings, money and finances play a prominent role.  Even in cases in which the primary objective is to confront a wrongdoer or put an end to a harmful action, most lawsuits will involve some type of monetary compensation.  When they do, having an experienced CPA on your side is paramount

Each year the IRS publishes the top dozen tax scams it encounters over the prior year. One of them that makes an all too common appearance on their list is the phishing scam. Here is what you need to know. Phishing requires bait Phishing is the act of creating a fake e-mail or website that

Every day, individuals and businesses engage in financial misconduct.  This is as true in major cities like Austin as it is in rural areas throughout the country, and it may be something as simple as hiding assets during a divorce or as complex as engaging in a large-scale money laundering scheme.  Whatever the scope, these

As a business owner, you have invested a considerable amount of time, money, and energy into creating and managing a successful enterprise. Why jeopardize everything you worked so hard to build by dropping the ball when it comes to your financial recordkeeping?  Having a comprehensive framework of internal accounting controls in place is critical to

When you and your business partner first started laying the groundwork for your future enterprise, you likely never envisioned a time when the two of you would be parting ways. However, because 70% of all business partnerships fail, it is critical to have a contingency plan in place in case things go south.  Like any