Resources

Archive for the ‘Consultation & Planning’ Category

Monday 01/11/2021

Do I Need an Exit Plan for My Business?

Exit planning is not usually the first thing entrepreneurs and business owners are thinking about. The daily demands of growing a business often take priority over long-term planning, but it’s the long-term planning that can transition current success into something that lasts a lifetime. 99% of business owners say that their transition strategy is important […]

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Thursday 06/27/2019

What is EBITDA and Why is it Important?

Tom Krause, CPA is a Founding Director at Corrigan Krause. Have you ever considered selling your business? Do you anticipate selling in the future? If yes, it’s important that you familiarize yourself with EBITDA and how it could affect the future sale of your business. What is EBITDA? EBITDA stands for Earnings Before Interest, Taxes, […]

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Thursday 06/06/2019

Upstream Planning Becomes a Valuable Strategy to Consider

Lynda Doland, CPA, MT is a Director at Corrigan Krause.  When we think of family gifting strategies, we usually think of wealthy parents giving to their children and grandchildren. However, with the new tax law, new opportunities have opened up for appreciated assets. Because the estate exemption is now $11.4 million, clients with assets that […]

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Thursday 03/28/2019

The Art, and Benefits, of Business Valuation

Derek Solomon, Senior Manager and David Long, Director, at Corrigan Krause In business, it is commonly known that “valuation is an art, not a science.” This essentially means that when creating a valuation analysis, it important to go beyond the numerical analysis and get to the story “behind the numbers”. This also refers to the […]

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Thursday 02/14/2019

Divorce Issues Through the Eyes of a CPA

David Long, CPA, CVA is a director at Corrigan Krause. Going through a divorce can be financially draining if you do not have the right team supporting your financial decisions. Settling a divorce agreement requires more than an attorney, especially if your wealth is at stake. Consulting with a public accountant is critical in steering […]

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