News & Articles

Team Member Spotlight: Dominque Collins

Posted on Mon, Jul 19, 2021
Read More

Tags: CPA Firm, Tax Return, Team Member

COVID-19 Tax Relief: Roundup of Postponed Federal Tax Deadlines

Posted on Wed, Jun 24, 2020

As a COVID-19 relief measure, the IRS has postponed many of the usual federal tax filing and payment deadlines, along with the deadlines for taking certain other tax-related actions. Generally, deadlines for federal income tax return filing and payments that would otherwise fall on or after April 1 and before July 15 have been postponed to July 15. The postponement applies to certain other deadlines as well. This relief, while welcome, has created confusion. Here's what individuals and business owners should know to manage their tax calendars through July 15.

Read More

Tags: CPA Firm, Tax Deadline, COVID-19, Paycheck Protection Program

Congratulations to Bill Dangl on His Retirement

Posted on Fri, Apr 17, 2020

After a 41 year career, Bill Dangl spent the last two and a half years as the Accounting Services Director at EHTC, starting in September 2017. As a member of the Leadership Team within an EOS company, Bill always brought fresh ideas and thoughts on how to keep the firm moving forward. He spent time creating processes and procedures for the Accounting Services department, made many contributions to the firm’s marketing program and was someone the team looked to for advice.

Read More

Tags: CPA Firm, EHTC, Team Member, GrandRapids

David Echelbarger, CPA/CGMA Speaks with WGVU Regarding Your Coronavirus Stimulus Check

Posted on Thu, Apr 16, 2020
Read More

Tags: CPA Firm, COVID-19, GrandRapids, Stimulus

Margie S. (Gerencer) Brown, CPA/MBA/CGMA Named a Top Certified Public Accountant in Grand Rapids, MI

Posted on Wed, Dec 16, 2015

Margie S. (Gerencer) Brown, CPA/MBA/CGMA was recently named a top Certified Public Accountant in Grand Rapids, MI by America Top 10. The list was compiled by an independent organization who uses referrals from the public to be a successful resource for local communities. The article stated the benefits of working with someone you are comfortable with, along with the importance of having a strong connection with your CPA. With Margie's extensive knowledge, mixed with her friendly personality, it is no wonder she was honored! Congratulations, Margie!

Read More

Tags: News, Grand Rapids, CPA Firm, Award, EHTC, Employee, Margie Brown

IRA Rollover Court Case Contradicts Longstanding Interpretation

Posted on Tue, Feb 25, 2014

As we all know, tax law is often convoluted. To illustrate the complexity, the U.S. Tax Court recently ruled against what is clearly stated in an IRS publication designed to explain the law to citizens. In the new case, the Court stated that the one-rollover-a-year rule applies to all of an individual's IRAs rather than on an account-by-account basis. Here is an explanation of the controversial decision and the rules involved in transferring money from one IRA to another. 

Read More

Tags: EHTC Article, Tax Laws, IRA Rollover, U.S. Tax Court, Individual's IRAs, business consulting, CPA Firm

Estate Planning: Check Your Beneficiary Designations

Posted on Mon, Feb 24, 2014

Who is listed as the beneficiary (or beneficiaries) on your insurance policies, retirement plans, and asset accounts? Divorce, remarriage, and other major life events might require you to change beneficiaries. Or you might have accidentally forgotten to designate all your beneficiaries from the get-go. Take time to review beneficiaries today. As three real-life "horror stories" demonstrate, mistakes and omissions can be disastrous. 

Read More

Tags: EHTC Article, Estate Planning, business consulting, CPA Firm, Beneficiary Designations

Smart Device Users Beware: Fraud May Be Just a Click Away

Posted on Fri, Feb 21, 2014

You've installed anti-virus software to protect your business network and personal computer. You know the signs of phishing scams (including unfamiliar senders, poor grammar and misspelled words). And like most people who use the Internet today, you never open a suspicious e-mail or download files from a questionable website.

Read More

Tags: EHTC Article, CPA Firm, Fraud, Articles, Smart Device, QR Codes

New for 2014: Penalty for Not Complying with the Individual Mandate

Posted on Tue, Feb 11, 2014

Starting this year, a provision in the Affordable Care Act generally imposes a penalty on individuals who fail to carry so-called minimum essential health insurance coverage. The requirement to carry such coverage is often called the individual mandate, and the penalty is the cost for failure to comply with the mandate. This article explains who owes the penalty, how the penalty is calculated (it's complicated!) and how an individual will be expected to pay it. 

Read More

Tags: EHTC Article, CPA Firm, Affordable Care Act, Individual Mandate, Penalty Basics

Goodwill Amortization: A Taste of 'Little GAAP'

Posted on Mon, Feb 10, 2014

After years of listening to complaints from private firms and their auditors that certain accounting rules were too costly and complex, the Financial Accounting Standards Board (FASB) has finally taken action. On January 16, the FASB simplified one of the accounting rules private firms most loved to hate: FASB Accounting Standards Codification Topic 350, Intangibles - Goodwill and Other.

Read More

Tags: Audit, EHTC Article, CPA Firm, Echelbarger, Financial Accounting Standards Board, Goodwill, New Rule