News & Articles

Turning Company Financial Data into Business Decisions

Posted on Fri, Oct 30, 2020

As a business owner, do you know where your company is at financially? Are you monitoring the financial progress by establishing financial goals? Have you assessed your company’s financial situation and developed key performance indicators (KPIs) to turn financial data into information to make business decisions? EHTC’s Accounting Services team, lead by Ben Boekeloo CPA, has the understanding and knowledge to develop a monthly financial statement package to bring awareness of financial impacts to your business.

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Tags: Financial Management, Financial Statements, Accounting Services, Key Performance Indicators (KPIs)

Increase Your Chances of Success

Posted on Tue, Sep 27, 2016
If you want your business to grow and remain competitive, a solid financial plan and a well-conceived strategy can mean the difference between boom and bust.

The obvious place to start is with a cash-flow analysis.

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Tags: Business, Financial Management, Cash Flow Statement

Federal Benefit Payments Require Direct Deposit for Retirees

Posted on Mon, Feb 25, 2013

Beginning March 1, 2013, retirees receiving Social Security payments and other beneficiaries of federal benefit plans are required to begin receiving payments electronically. That means they will have to receive their benefits via direct deposit to a bank or credit union account or on a debit card. This article explains the new requirement, along with ten facts about Social Security that you might not know.

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Tags: Retirees, Individual Income Tax, Law, Financial Management, Consumer Alert, Articles, Retirement Planning

Now that Congress Has Averted the Fiscal Cliff, What Does it Mean for Me?

Posted on Mon, Feb 11, 2013

A. It depends on your income.

Here are some of the basic provisions of the American Taxpayer Relief Act, which was agreed to by Congress on January 1, 2013:

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Tags: Michigan State and Local Tax (SALT), News, Individual Income Tax, Financial Management, business consulting

A Safety-First Approach to Year-End Gifting

Posted on Tue, Nov 27, 2012

Benjamin Franklin famously said, "In this world nothing can be said to be certain, except death and taxes." But right now, nothing seems more uncertain than taxes, especially when it comes to the estate and gift tax rules for 2013. The IRS recently announced the annual gift tax exclusion amount is going up for 2013. However, things are clear for this year, so if you are inclined at year end, you can make gifts to loved ones to reduce your estate. Here are the basics.

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Tags: Accounting, Tax, Ron Kaley, Financial Management, business consulting, Articles

Microsoft Dynamics GP Statement of Direction

Posted on Mon, Nov 26, 2012

Welcome to the Microsoft Dynamics GP Statement of Direction. This document will provide insight into our Microsoft Dynamics GP development plans through the year 2016. Whether you are a new or existing customer or partner, this information will help you plan and get the most from your investments. To view the complete guide, click here.

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Tags: Microsoft Dynamics, Dan Holzgen, Microsoft Dynamics GP, Technology Solutions, Financial Management, Investment

8 Ways to Help Improve Your Company's Cash Flow?

Posted on Tue, Oct 09, 2012

Is this your situation: Your cash flow is not sufficient to pay your bills. Even if you are profitable, you don't have enough cash. Pretty soon, you won't be able to borrow any more money or you'll have to put more personal capital into the company. If so, continue reading.

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Tags: Accounting, Audit, Consulting, Financial Management, business consulting

Need to Withdraw Money From Your IRA?

Posted on Tue, Sep 11, 2012

Do you want to take some cash from your traditional IRA and perhaps buy a house, or a car, or pay off some bills? Beware of potentially negative tax implications! Continue reading to find out what you need to know to avoid getting hammered in taxes.

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Tags: Tax, Consulting, State and Local Tax, Individual Income Tax, Financial Management, Articles

Not Saving Enough for Retirement?

Posted on Tue, Aug 28, 2012

Surveys repeatedly show that many Americans are not saving enough for retirement. Not only are they risking a financially-insecure future, they are overpaying on their taxes. Don't let this happen to you.

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Tags: Consulting, Michigan, Financial Management, Grand Rapids, Articles, Investment, Retirement Planning

Is This Your Situation — Going to School to Advance Your Career?

Posted on Tue, Aug 28, 2012


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Tags: Accounting, Tax, Consulting, State and Local Tax, Individual Income Tax, Financial Management, Grand Rapids, Articles