News
At EGP PLLC, we feel it is our duty and obligation to keep our clients, business associates and trusted advisers current and up to date on a range of topics from tax law changes to the latest firm news. We have the knowledge, expertise and resources of our much larger competitors and place great value in delivering this information to you.
Guide to Evaluating the Appropriate
Assurance Services for Your Borrowers
Do you struggle with verifying the information that your customers present to you? Do your customers complain about the cost of their annual audit which is only required due to their debt agreement with you? While an audit provides assurance that the financial statements as a whole are not materially misstated, there may be other options that are more cost effective and that provide more assurance around the specific balances that are of the greatest concern to you. Below,...
Revisiting the Steps to
Effective Utility Management: Part I
In 2008, six major water and waste water associations joined with the EPA to develop and issue a primer to address the challenges faced by water and waste water utilities in an effort to create building blocks to improve performance. Since some time has passed, EGP PLLC wants to remind you of the "Ten Attributes of Effectively-Managed Water Sector Utilities" and their value to your utility, as well as the keys for using these attributes. Reviewing these for their relevance...
Bailout Passes with IRA Rollover and Tax Extenders
On October 3, 2008 the House passed the Emergency Economic Stabilization Act of 2008 (H.R. 1424). The Senate had passed the bill 74-25 earlier in the week.
Congressional leaders, business leaders, the White House and millions of Americans who plan to borrow funds for any purpose in the next years were all pleased with the bill. Federal Reserve Chairman Ben Bernanke stated, "The legislation is a critical step towards stabilizing our financial markets and ensuring an uninterrupted...
Notable Deductions
You may have heard the expressions “make hay while the sun shines” or “strike while the iron is hot.” These old proverbs are particularly relevant to current tax laws. More and more often, Congress is enacting tax breaks on a temporary basis—creating “limited time only” offers.
Some of these temporary breaks may eventually be extended by Congress, but others may not be. So, where practical, you may want to take advantage of the breaks while they are available.
To...
Expert Witness and Litigation Support
The move into the arena of litigation support came about unintentionally for the accounting and consulting firm of EGP, when they were providing services to a client who was going through a divorce in Pulaski County some 20 years ago.
For years, the firm had worked extensively in the merger and acquisition area, where they gained experience and knowledge valuating businesses, as they assisted their clients in achieving desired results. So when this particular client had...