The Importance of the Working Capital Calculation in Mergers and Acquisitions
Working capital is an extremely important part of any transaction and often causes confusion. It is important buyers and sellers fully understand the importance of the working capital PEG and how it affects the business transaction.
Demystifying Business Audits: Understanding Assurance Services
EHTC CPA and Assurance Services Manager, Mark Langejans, dives into the world of Assurance Services, particularly focusing on business audits.
PE Add-Ons Drive M&A Transactions
BDO Alliance’s 2023 Private Capital Survey showed that the current environment has forced funds to focus on tending to their existing portfolio companies instead of pursuing new platform investments.
Tailoring Due Diligence: Working with Business Founders and Established Strategies
Strategic buyers often purchase Companies from the business founders who are looking for an exit plan for a variety of reasons. The diligence performed in each transaction is similar, although there are some distinct differences that should be considered.
West Michigan Accounting Firm Promotes Accounting Services Director to Partner
West Michigan-based comprehensive accounting, tax, and business advisory firm, EHTC, promotes Accounting Services Director, Chelsea Sheafor, to partner-level.
Streamlining Your Tax Filing Experience with EHTC
As we gear up for the approaching tax season, we understand that this time of year can be accompanied by added stress.
At EHTC, we are committed to making your experience as smooth and successful as possible. We believe that staying organized and addressing important details ahead of time can greatly alleviate the pressure associated with tax season.
Navigating Standard vs. Itemized Deductions: A Thoughtful Consideration
As we approach tax season, it's understandable that the process can become a source of stress! Life changes prompt us to reevaluate our financial strategies, and it might be the opportune moment to contemplate the shift away from opting for the standard deduction and towards itemizing your deductions. Here’s how to get started!
National Association for Business Resources Announces the newest 2024 Best and Brightest Companies to Work For Winners
EHTC is proud to announce it is one of West Michigan’s 2024 Best & Brightest Companies to Work For. Only companies that distinguish themselves as having the most innovative business acumen and human resource practices can be bestowed this honor. Considering the ten to one ratio of this program, these winning companies are truly innovative in their employee engagement execution.
Corporate Transparency Act (CTA) — Beneficial Ownership Information Reporting
Starting in 2024, the Corporate Transparency Act (“CTA”) mandates certain entities (primarily small and medium-size businesses) created in or registered to do business in the United States report information about their beneficial owners—the individuals who ultimately own or control a company—to the Financial Crimes Enforcement Network (“FinCEN”).
Advisory Principles: How to Level-Up Your Professional Career
Growing your professional career can feel overwhelming at times, especially as you try to grow your network and business connections. EHTC Advisory Services Partner, Ryan McCaslin, shares his best advice for making the most of your career and your relationships.
Accountant or CPA: Who Do You Need to Hire and When?
Perhaps you’re looking into tackling your own accounting needs, or maybe you have a friend that can get into your company’s books on the weekend.
Both options may see viable and accessible, but both will likely lead you to more questions, concerns, and missed opportunities.
Ada Headquarters Groundbreaking Ceremony
We hosted an intimate gathering of EHTC firm partners, building project partners, and community members to officially break ground on our Ada, Michigan property.
As Your Wealth Grows, Think Beyond Your Balance Sheet
Acquiring wealth is the first step in building a family wealth enterprise, but only just the beginning. Having access to information that helps you manage the complexities of that wealth and avoid future costly mistakes is critical to long-term success.
What is Financial Due Diligence and Quality of Earnings?
The term “due diligence” is one that’s tossed around in a number of business sectors, and can even be heard in everyday, casual conversations. When making a big decision, one might ask: “Have you done your due diligence?” In the simplest of definitions, it’s the careful assessment of the pros and cons of a transaction.
Debunking the Myths: An Accounting Firm’s Culture and the Truth about Accountants
When people think of accountants and finance professionals, they often conjure up images of serious, number-crunching individuals buried in stacks of paperwork, devoid of any fun or excitement. However, at EHTC, we believe in shattering these stereotypes and fostering a vibrant culture that challenges these misconceptions head-on.
West Michigan Accounting & Advisory Firm adds Partner to Growing Transaction Advisory Practice
West Michigan-based accounting, tax, and business advisory firm, EHTC, welcomes their new Transaction Advisory Services (TAS) Partner, Ryan McCaslin. McCaslin will be leading their TAS group focused on buy-and-sell side financial due diligence and consulting services.
Powering Potential
As Seen In Forbes, Fortune, & Entrepreneur | Outstanding Business Leaders: Grand Rapids
West Michigan CPA and advisory firm EHTC prioritizes the people behind the numbers.
Growing Grand Rapids-Based Accounting Firm Moves Headquarters to Ada, MI
West Michigan-based accounting, tax, and business advisory firm, EHTC, announces the relocation of its company headquarters. After eight years at their 2301 East Paris Avenue SE location, EHTC will break ground Summer 2023 on a new, larger building in Ada, Michigan.
EHTC Hosts 35th Annual Chipping for Charity Golf Outing
Chipping for Charity is a yearly event that’s close to the hearts of all of us at EHTC. Through it, we live and breathe our core values of Willingness to Grow, Going Above and Beyond, Passion for Living, and Teamwork—and this year, our 35th year—is yet another opportunity to reinforce what matters to us as much as the business at hand!
35th Annual Chipping for Charity Golf Outing to Raise Funds for Local Nonprofit
EHTC will host its 35th annual Chipping for Charity Golf Outing on Tuesday, June 27, 2023, at Scott Lake Golf & Practice Center, 911 Hayes Road Northeast, Comstock Park, MI 49321. Since its inception, over $350,000 has been raised and invested into West Michigan non-profit organizations. This year, EHTC is excited to announce its 2023 recipient: CASA of Kent County.