Author Archive | Sonya Foster

A blue pie chart with a red slice cut away - 3D rendering illustration

Succession Planning: Separate Your Business from the Real Estate

Most businesses have a variety of physical assets, including production equipment, office furnishings, and a number of technological devices. Typically, however, your largest physical asset in the business is your real estate holdings, i.e., your building and the land it sits on. So, why should you separate your business from the real estate? Oftentimes, business […]

Continue Reading
CUSTOM MADE text on screen

What is an agreed upon procedures (AUP) engagement?

CPAs can offer many types of helpful audit and assurance services for businesses. An audit, for instance, is a common type of attestation service that provides a formal opinion about whether a company’s financial statements conform to U.S. Generally Accepted Accounting Principles (GAAP). Consulting services, in contrast, may include advice or technical assistance that’s only […]

Continue Reading
Notebook with Toolls and Notes about KPI,concept

4 Good KPIs for Midyear Checkup

We are halfway through the calendar year and it’s an opportune time for businesses to assess how things are going thus far. While sales may be up, there are some other good key performance indicators (KPIs) to analytically help you evaluate how well you’re doing. Here are four that can give you a solid snapshot […]

Continue Reading
Spencer_Adleman_CPA

DWC Accountant Spencer Adleman Attains CPA Designation

Dalby, Wendland & Co., P.C., is pleased to announce  Spencer J. Adleman recently attained the Certified Public Accountant (CPA) designation after passing the Uniform Certified Public Accountant Examination, which is set by the American Institute of Certified Public Accountants. The Uniform CPA Examination protects the public interest by helping to ensure that only qualified individuals […]

Continue Reading
Gregory M. Ward, CPA | Inventory Accounting Method Change Could Benefit Small Businesses | Dalby Wendland & Co. | CPAs | Business Advisors | Grand Junction CO | Glenwood Springs CO | Montrose CO

Inventory Accounting Method Change Could Benefit Small Businesses

Even with the new depreciation options and Qualified Business Income deduction available in the wake of recent tax reform, there are always circumstances where a taxpayer may require additional current year deductions. With the help of another element of the Tax Cuts and Jobs Act (TCJA) taking effect in 2018, certain small businesses currently accounting […]

Continue Reading
grandfather walking on path with young grandson

About Dynasty Trusts

Trust, Estate, and Gift Tax Planning If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the right estate planning vehicle for you. And, thanks to the substantially increased generation-skipping transfer (GST) tax exemption amount established by the Tax Cuts and Jobs Act, a dynasty trust […]

Continue Reading