Archive for June, 2017

Thursday 06/29/2017

LENSC Community Service Day

Members of the Corrigan Krause team spent the afternoon on June 26 at the Lake Erie Nature and Science Center in Bay Village, Ohio. The center is a nonprofit organization that offers educational programs, live animals on exhibit and a world-class planetarium. Corrigan Krause’s staff participated in a community service day, helping the center with […]

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Thursday 06/22/2017

Corrigan Krause Named Top Workplace for Fourth Consecutive Year

Corrigan Krause CPAs is pleased to announce that it has been selected again as one of The Plain Dealer Top Workplaces. The Top Workplaces are based solely on employee feedback, which is gauged by a survey and questionnaire. The survey is administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and […]

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Thursday 06/15/2017

Which Method is Right for You: Completed Contract or Percentage of Completion?

Sean Brady explains method options for construction companies: Identifying the best accounting method to report your income and expenses is not always an easy task. Many rules and regulations apply and making the incorrect choice can negatively impact your business. It’s important to understand how each method differs, paying special attention to the impact on […]

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Thursday 06/08/2017

Capturing Volunteer Time on the Books

Al Harsar, CPA shares how to apply value to volunteer time for your not-for-profit: Many not-for-profit organizations are able to utilize the generosity and the skills of their volunteer force for essential tasks and projects. It is important to capture these hours and apply a value to increase the organization’s top line revenues for services. […]

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Thursday 06/01/2017

How to Properly Protect Your Financial and Tax Records

Floods, fires and other disasters are unpredictable. Are you properly storing and protecting your financial and tax information? The IRS recently published an article about how to protect your important records in case of natural disasters, such as hurricanes and floods, in light of Hurricane Preparedness Week. Documents that should be securely stored: • banking […]

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