BPM News
| Date | Title | Summary |
|---|---|---|
| 09/08/2010 | Exit Strategy Planning in a Recession | Since 2008 many business owners have seen profits diminish, cash flows and net income shrink and credit that was always available... |
| 09/07/2010 | Managing Your Wealth | If you’re looking for someone to invest your money, any number of financial advisers will do. But if you’re a high-net-worth... |
| 08/25/2010 | Addressing Accounts Payable Fraud | According to the“2010 Report to the Nations” by the Association of Certified Fraud Examiners, the most common asset fraud involves purchasing and vendor billing schemes. |
| 08/11/2010 | Planning Must Be Flexible When Estate Laws Are Uncertain | We are over halfway through the year, and Congress has yet to pass laws addressing the estate tax laws of 2010 and the future. |
| 08/06/2010 | Additional Form 1099 Record-Keeping – Impact on Small Businesses and Exempt Organizations | A provision in the Patient Protection and Affordable Care Act (PPACA) enacted in March 2010 requires reporting on Form 1099-MISC Miscellaneous Income by vendors paid... |
| 08/05/2010 | Fiduciary Best Practices: Helping You Meet Your Obligations under ERISA | Recent market volatility and uncertainty have put plan sponsors in the spotlight in terms of their governance and fiduciary responsibilities with regard to their companies’ retirement... |
| 08/03/2010 | The Top Five Management Letter Comments | In this article, we explore the top five common risk areas that we often include in management letters to our benefit plan audit... |
| 07/29/2010 | Financial Reporting | New additions to fair value accounting standards have been proposed by the Financial Accounting Standards Board (FASB) with the... |
| 07/21/2010 | Deconstructing Sarbanes-Oxley | After eight years, we have come full circle. As so often happens in the market, we are back where we began. |
| 07/20/2010 | Ready for Takeoff | Despite the poor economy — or in some cases, because of it — people are continuing to open new businesses... |
| 07/12/2010 | Stealing Home | Property management companies can be a huge help for out-of-town or inexperienced owners. But, as a building owner, you should be aware ... |
| 07/08/2010 | Defending Owner’s Compensation | In closely-held corporations where owner-employees determine their own compensation, the concept of “reasonable compensation” has never been clearly defined... |
| 07/06/2010 | Bridges BPM Nonprofit Leaders Conference | Bridges and BPM hosted a successful Nonprofit Leaders Conference for Nonprofit Boards and Executives. |
| 07/06/2010 | Private Company Suspects Fraud, Hires Forensic Accountant | The attorney for a Silicon Valley start-up contacted BPM in response to a whistleblower complaint from a recently terminated employee... |
| 07/06/2010 | Privately-Held Start-up Requests Stock Option Issuance | A Silicon Valley-based privately-held high technology company was experiencing substantial growth, rising rapidly from a start-up broadband wireless solutions... |
| 06/29/2010 | Facing Reality, Getting Real and Growing to Another Level | Lately, I have been getting calls from a lot of frustrated and concerned clients about how to get the engine going again with their businesses. |
| 06/29/2010 | Smaller Firms Likely to Get Sarbanes-Oxley Exemption | It is increasingly likely that the Wall Street reform efforts in Congress will include a permanent exemption from Sarbanes-Oxley for public companies with less than $75 million in ... |
| 06/16/2010 | Credit When Due | Seize tax incentives now for green improvements to housing and commercial properties. |
| 06/08/2010 | Tax Updates: Planning for the Future | On May 28, 2010, the House passed the “American Jobs and Closing Tax Loopholes Act of 2010” by a vote of 215-204. Usually referred ... |
| 06/03/2010 | Playing For Keeps BPM’s Court-Appointed Receiver Facilitated a Hostile Takeover” | BPM’s team, led by Consulting Partner Russ Burbank, was appointed Receiver by Order of the Superior Court of California for the County of Santa Clara, over ... |
| 06/01/2010 | Recent Healthcare Legislation to Impact Life Science Companies | Whichever side of the political aisle your personal beliefs sit on, there is no arguing that recent healthcare reform legislation, or the Patient Protection and Affordable Care Act (H.R. 3590), will have a significant impact on many aspects of our society. |
| 05/12/2010 | Facing Uncertainty | In the past, corporations could take uncertain tax positions on their tax filings and leave it at that. |
| 05/10/2010 | Protecting Your Company Against Fraud | I collect fraud case studies. Why? Because it is my job to understand how fraud occurs, how it is discovered, and how much damage it causes. |
| 04/30/2010 | BPM Congratulates Meru on Recent IPO | Burr Pilger Mayer, Inc. is proud to announce its role as auditor in the initial public offering of Meru Networks, Inc. |
| 04/16/2010 | Internal Controls Are Fraud Insurance | For more than thirty years I’ve been investigating fraud: figuring out how it happened, tabulating the costs, repairing the failed internal control systems and consoling the victims... |
| 04/06/2010 | No Surprises | New amended custody rules implemented by the SEC in March mainly impact those in the investment arena but could have an impact on others, as well. The amendments to the SEC’s Custody... |
| 04/01/2010 | Could You Benefit from an Economic Stimulus? | On February 17, 2009, the President signed the American Recovery and Reinvestment Act (ARRA). The Act was designed to help stimulate the declining economy by ... |
| 03/30/2010 | New Health Care Legislation Signed into Law | On March 30 2010, President Obama may make history by signing into law the Health Care and Education Reconciliation Act of 2010 (HR 4872).... |
| 03/29/2010 | Premium Assistance Tax Credits for Purchasing Health Insurance | The centerpiece of the newly-enacted health care legislation is its provision of tax credits to low and middle income individuals and families for the purchase of health insurance... |
| 03/29/2010 | Employer Requirement to Offer Coverage | Certain employers will be required to offer and contribute to their workers' health insurance or pay a penalty. Under the new law, effective for months beginning after Dec.,,, |
| 03/29/2010 | Penalties on Individuals for Remaining Uninsured | The “individual mandate” in the new health care legislation requires that U.S. citizens and legal residents have qualifying health coverage or be subject to a tax penalty... |
| 03/29/2010 | Higher Medicare Taxes on High-income Taxpayers | High-income taxpayers will be hit with two big tax hikes: a tax increase on wages and a new levy on investments... |
| 03/29/2010 | Tax Changes Affecting Small Business | There are some key provisions to pay attention to for owners of small businesses and their workers. The major ones include tax credits, excise taxes, and penalties... |
| 03/29/2010 | Tax Changes Affecting Individuals | These are the key tax changes that will affect individuals in the recently enacted health reform legislation. Please contact your BPM representative for further details... |
| 03/26/2010 | President Signs HIRE Act into Law Creates New Tax Incentives | On March 18, President Obama signed into law the Hiring Incentives to Restore Employment (HIRE) Act (H.R. 2847)... |
| 03/23/2010 | Revenue Recognition | New revenue recognition rules will have the biggest impact on companies that sell tangible products that include software, ... |
| 03/17/2010 | The Five-Step Turnaround Process: Humboldt Creamery Case Study | In February 2009, the chief executive of Humboldt Creamery, an 80-year-old Northern California milk cooperative, resigned abruptly, leaving the rural community in which it operated shocked and stunned.... |
| 03/12/2010 | The Commercial Real Estate Dilemma | Several years ago, many companies were enticed to enter into long-term commercial lease agreements with rent-free occupancy (or reduced rent) periods or tenant improvement allowance clauses... |
| 03/10/2010 | SEC Custody Rule – “Back to the Future” | On December 30, 2009, the SEC finalized amendments to the custody requirements of Rule 206(4)-2 (commonly referred to as the “Custody Rule”) under the Investment Advisers Act of 1940. |
| 03/10/2010 | New Use Tax Registration and Reporting Requirements for Certain Purchasers | Beginning with calendar year 2009, newly enacted California legislation requires that many businesses register to report and pay California use taxes owed for purchases made in the preceding calendar year... |
| 03/08/2010 | The Turnaround Corner: When selling a business, do your due diligence | When contemplating the sale of your business, make sure you have handled your side of the due diligence correctly to avoid costly disputes and litigation... |
| 02/25/2010 | Know What You’re Paying | If you don’t know what you’re paying for — and getting from — your 401(k) plan, you could be facing a potential employee lawsuit... |
| 02/24/2010 | Media Mention: BPM Establishes ESOP | Burr Pilger Mayer, the largest California-based accounting and consulting firm with branch offices in Santa Rosa and Novato, is now operating as a corporation under the name Burr Pilger Mayer Inc... |
| 02/23/2010 | "BPM in China?" | That’s what we’ve been hearing a lot of lately from our clients, as well as from our coworkers. And it's true.... |
| 02/23/2010 | Making Sure You’ve Got the Right Accountant! | Cindy and I recently celebrated our 38th anniversary, and I still remember the first question she ever asked me. I guess my answer was special as it launched a lifetime together.... |
| 02/17/2010 | Hurray – Estate Tax is Gone- Or is it? | In 2001, when Congress set tax policy based on financial and political considerations at the time, they modified the estate tax system, reducing the estate tax rate from 55% to 45% and increasing... |
| 02/15/2010 | 2009 Payroll Expense Tax Filing and the Effects of Proposition Q | All businesses operating in the City and County of San Francisco, that were open for any part of 2009, are required to file the 2009 Payroll Expense Tax Filing. This filing is required to report the businesses’ taxable San Francisco payroll expense... |
| 02/15/2010 | Cost Segregation: Increasing Tax Savings | Office building owners and their tenants have long understood the value of depreciation expense in relation to cash flow. Depreciation expense is a deduction that reduces taxable income and thereby increases after-tax cash flow... |
| 02/09/2010 | An Efficient Audit | As the business environment continues to change, our profession keeps pace by developing new and improved auditing standards... |
| 02/08/2010 | Congress Gives Cash to Cover Companies’ Renewable Energy Costs | In July of 2009, Congress passed the American Recovery and Reinvestment Act (ARRA) which provided some significant incentives for businesses to invest in constructing green energy-producing property... |
| 02/01/2010 | Human Capital | Human capital is vital to the success of any organization, and hiring the right people can raise the game of everyone in your organization... |
| 01/26/2010 | Haitian Relief Contributions Now Tax-Deductible | On January 22, President Obama signed into law H.R. 4462, a bill that allows donors to accelerate the income tax benefits of charitable cash contributions for the relief of victims of the earthquake in Haiti. |
| 01/12/2010 | With No Fix on Estate Tax, Uncertainty Reigns | SANTA ROSA - For years, estate planners and accountants have discussed 2010 in terms of "What will happen with the estate tax?" ... |
| 01/11/2010 | Tax Extenders Act of 2009 | The “Tax Extenders Act of 2009” (“Extenders Act”) was passed by the House of Representatives on December 9, 2009 as H.R. 4213 ... |
| 01/11/2010 | Roth IRA Conversion: You Can’t Make Me Do It - Even if it’s Good for Me! | Okay, I’ll try to eat right and exercise, but I still like biscuits and gravy. As a child, I was raised on the stuff, and I’m not giving up this breakfast for the world ... |
| 01/11/2010 | Private Companies Adopting FIN 48 Should Copy Dick “Night Train” Lane | Recently, I had the privilege of meeting Mr. Richard Lane. Richard is the son of Dick “Night Train” Lane ... |
| 01/08/2010 | Do the Math | One of the most common questions we get from owners is, “What is the tax burden from selling my real estate?” |
| 01/05/2010 | Transitioning a Business | You may not be ready to sell your business today or accept a significant investment, but it’s a good idea to prepare as if you were, says Brad Holsworth, partner and assurance practice group leader at Burr Pilger Mayer. |
| 01/04/2010 | New Bill Regarding Use Tax Could Cause Confusion | The California State Board of Equalization (BOE) recently passed a bill which requires “qualified purchasers” to register with the BOE ... |
