“My boss is crazy when he’s drunk!” #dancingonthebar

Posted by:
Thursday, May 23, 2013

You lead and manage an upstanding, recognizable company. You attract and retain the area’s upper third in the candidate pool. Your long-standing reputation is admirable. Your employees reflect the culture of your company; they are skilled in their field, versed in the industry and savvy in their corporate representation. Your marketing department has worked diligently over the years to build your brand, position the company and engage the community as a sought-after entity as one of the best...

Read More >>

City of Akron’s Internal IT System Hacked by Turkish Radicals: Taxpayers’ Social Security Numbers Compromised

Posted by:
Friday, May 17, 2013

Steps to Take Now That Your Personal Information Has Been Distributed

Today, many were awakening to learn that the City of Akron’s internal computer system was hacked by a group of Turkish radicals.  According to Ohio.com, 47,452 entries of personal information associated with income tax filings including names, addresses, social security numbers and even credit card information has been compromised.  The hackers have even gone so far as to post some of this “stolen” personal and private...

Read More >>

Merger of Equals

Posted by:
Friday, May 17, 2013

Merging entities together is nothing new.  Companies merge all of the time.  Government offices even merge every so often, with local governments having been known to share services or annex one another.  What about merging credentialed professionals into one?  That’s a little more unusual. 

It’s not very often that you see credentialing bodies consolidate or merge certifications, but this is just what the National Association of Certified Valuators and Analysts (“NACVA”) is doing with two of...

Read More >>

Being a Valuation Analyst is Like Playing Quarterback

Posted by:
Wednesday, May 15, 2013

The quarterback of a football team must know the responsibility of every player on the field.  Although the quarterback may not have the required skills to block a blitzing linebacker or run a pass route, he needs to have a deep understanding of the roles of each of his teammates to ensure everyone is working together to execute the play effectively.  This can be quite a challenge with the increasing complexity of football schemes today.  Similarly, a valuation analyst, whose primary role is to...

Read More >>

Special Delivery: April 2013

Posted by:
Wednesday, May 1, 2013

This month's Special Delivery includes the following:

Golden Opportunity for Small-Business Owners

Are you contemplating purchasing new equipment or assets for your small business? It’s a good time for many...

Read More >>

Improving Accounts Receivable Collections (Part 6 of 6): You Probably Have an A/R Collections Problem and You Don’t Even Know ItBest Practices for Accounts Receivable Collections

Posted by:
Monday, April 8, 2013

Thanks for reading this six-part series of blogs aimed toward improving your ability to collect accounts receivable, authored by e2b teknologies . You can still sign up for the April 10th webinar entitled, “6 Steps to Developing a World Class Business Credit Policy & Collections Action Plan. You can sign up here.

Cash flow is the lifeblood of every business and slow paying customers can seriously affect it. There are four fundamental best practices that every business should implement to...

Read More >>

Improving Accounts Receivable Collections (Part 5 of 6): 8 Tips for Improved Invoice Processing – Get Paid Faster with Accounts Receivable Collections Management Software

Posted by:
Thursday, April 4, 2013

Over the next several weeks, we’re pleased to host a series of blogs authored by e2b teknologies aimed at improving your ability to collect accounts receivable. In addition, on April 10, e2b will be hosting a free live webinar entitled “6 Steps to Developing a World Class Business Credit Policy & Collections Action Plan. You can sign up here.

1. Send the invoice in a timely manner. If your customer doesn’t have the invoice it can’t get paid. Further, invoices that come months after the fact can...

Read More >>

HIPAA/HITECH Compliance: What You Need to Know About Patient Health Information (PHI)

Posted by:
Thursday, April 4, 2013

What is Protected Health Information (PHI)?

According to the US Department of Health and Human Services, PHI is "any individually identifiable information, whether oral or recorded, in any form or medium" that:

  • is created, or received by a health care provider, health plan or health care clearing house (aka Covered Entity); and
  • relates to past, present, or future physical or mental health conditions of an individual; the provision of health care to the individual; or past, present, or future...
Read More >>

Rudy A. Mayoz, CPA, CGMA, Obtains Advanced Global Business Designation

Posted by:
Tuesday, April 2, 2013

TAMPA, FL (April 2, 2013) – Rudy A. Mayoz, CPA, CGMA, senior tax associate with Skoda Minotti, has obtained his Chartered Global Management Accountant (CGMA) credential.  The Chartered Institute of Management Accountants (CIMA) and the American Institute of CPAs (AICPA) award the CGMA. Conditions for credentialing include passing the uniform CPA exam and meeting additional state-specific requirements, as well as management experience.
 

Management accountants specialize in driving performance...

Read More >>

HIPAA/HITECH Compliance: What You Need to Know

Posted by:
Monday, April 1, 2013

When and why did HIPAA/HITECH Compliance start?

In 2006, President Clinton enacted the Health Insurance Portability & Accountability Act (HIPAA), after a growing public concern about how private health care information was being used.  In 2009, I'm sure you recall that President Obama signed the American Recovery and Reinvestment Act (otherwise known as the STIMULUS). Included in that legislation was the Health Information Technology for Economic and Clinical Health Act (“HITECH Act”), as a...

Read More >>

Improving Accounts receivable Collections (Part 4 of 6): Accounts Receivable Collections Management Made Easy

Posted by:
Thursday, March 28, 2013

Over the next several weeks, we’re pleased to host a series of blogs authored by e2b teknologies aimed at improving your ability to collect accounts receivable. In addition, on April 10, e2b will be hosting a free live webinar entitled “6 Steps to Developing a World Class Business Credit Policy & Collections Action Plan. You can sign up here.

6 Tips for Getting Paid Faster & Avoiding Payment Objections

In most small businesses the person who is responsible for making collection calls is not a...

Read More >>

Improving Accounts Receivable Collections (Part 3 of 6): Improving Cash Flow by Managing Accounts Receivable

Posted by:
Thursday, March 21, 2013

Over the next several weeks, we’re pleased to host a series of blogs authored by e2b teknologies aimed at improving your ability to collect accounts receivable. In addition, on April 10, e2b will be hosting a free live webinar entitled “6 Steps to Developing a World Class Business Credit Policy & Collections Action Plan. You can sign up here.

As we all know, cash flow is the lifeblood of every business. Having sufficient cash can be the difference between success and failure and it is a concern that...

Read More >>

IRS Increases Small Business Payroll Tax Audits

Posted by:
Thursday, March 21, 2013

CLEVELAND, OH (March 21, 2013) – There’s nothing like an IRS audit to rattle the nerves of even the most honest small business owner, and the current employee vs. independent contractor classification tax code greatly increases those chances. The problem stems from what experts call a complicated definition of who should be classified as an independent contractor (self-employed) or an employee. When applied accurately, the independent contractor classification allows a small business owner to...

Read More >>

Improving Accounts Receivable Collections (Part 2 of 6): Prioritizing Accounts Receivable Collections Management

Posted by:
Thursday, March 14, 2013

Over the next several weeks, we’re pleased to host a series of blogs authored by e2b teknologies aimed at improving your ability to collect accounts receivable. In addition, on April 10, e2b will be hosting a free live webinar entitled “6 Steps to Developing a World Class Business Credit Policy & Collections Action Plan. You can sign up here.

Two things are true for most businesses:

1) a significant percentage of sales (and therefore receivables) are concentrated in a small percentage of customers

2) ...

Read More >>

Tax Advisory Insights: March 2013

Posted by:
Friday, March 8, 2013

This month's Tax Advisory Insights includes the following:

Municipal Tax Reform

Ohio House Bill 5, which would establish uniform municipal income tax rules, was introduced on January 30, 2013. Tax Principal, Amy J. Gibson, CPA, was recently interviewed by the Plain Dealer for an article on this...

Read More >>

Improving Accounts Receivable Collections (Part 1 of 6): You Probably Have an A/R Collections Problem and You Don’t Even Know It

Posted by:
Thursday, March 7, 2013

Over the next several weeks, we’re pleased to host a series of blogs authored by e2b teknologies aimed at improving your ability to collect accounts receivable. In addition, on April 10, e2b will be hosting a free live webinar entitled “6 Steps to Developing a World Class Business Credit Policy & Collections Action Plan. You can sign up here.

If you offer credit terms then you probably have an accounts receivable collections problem and you don’t even realize the negative impact that it’s having on...

Read More >>

“SSAE 16 Compliant” … (Buyers Beware)

Posted by:
Friday, March 1, 2013

Join me in a quick exercise… do a web search on the term “SSAE 16 Compliant.” (I know what you’ll find because I’ve done this search many times, myself.) What you’ll find is a listing of various companies announcing that they are “SSAE 16 Compliant.”

So, what’s the big deal with saying that?

“SSAE 16 compliance” doesn’t really exist.

An SSAE 16 (SOC 1) is an audit, and there is no “compliance” aspect to an audit. Think about a financial audit – have you ever heard anyone say that they are financial...

Read More >>

Corporate Brand Marketing: It Takes a Village to Build a Brand (Part 1 of 4)

Posted by:
Thursday, February 28, 2013

This new blog series will take a closer look at formulating a cohesive brand message. Before you can craft a corporate brand message, however, you’ll need to take into account three key publics: your internal audiences, your external audiences and your competitors. Our first post in the series focuses on internal audiences and their role in the branding process.  

If you are considering a branding or rebranding initiative for your company and your strategic plan for getting at the essence of your...

Read More >>

Business Valuation & Litigation Support E-Newsletter: February 2013

Posted by:
Monday, February 25, 2013

This month's issue of Valuation & Litigation Advisory Insights includes the following articles:

Fair Value and Financial Reporting Valuations: Measuring the Intangibles

“That quarterback has all the intangibles.” This is a pretty common phrase that is thrown around by sports reporters during the weeks and months leading up to...

Read More >>

Skoda Minotti Technology Partners Announces Three New Hires

Posted by:
Friday, February 15, 2013

February 15, 2013 – ClevelandSkoda Minotti Technology Partners is pleased to announce three new hires. 

Paul Tuttle Tuttle joins the Technology Partners as business development director, bringing over 25 years of sales, marketing, consulting and development experience in both commercial and not-for-profit settings.  Tuttle has specialty training in the technology business development field, representing a wide spectrum of IT solutions from enterprise-wide VoIP, to mobile computing...

Read More >>