Cherry Bekaert
Cherry Bekaert
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Exit Strategies for Closely Held Businesses
Strategies for Closely Held Businesses: Navigating the Exit
Join Cherry Bekaert’s Private Client Services podcast in the first podcast of our series for closely held businesses. In the first podcast, our team explores exit strategy essentials, diving deep into the world of closely held business transitions. Join our speakers Jessica Fairchild, Partner, Croke Fairchild Duarte & Beres, Drew Hinnant, Director, Cherry Bekaert, and David Nissen, Partner, Cherry Bekaert, as they unravel the complexities of exit strategies. Whether you're a founder considering retirement, a business owner looking to unlock your company's value, or planning a transition to the next generation, this podcast is your go-to resource.
In this episode, our speakers discuss the fundamentals of exit strategies, highlighting the importance of transitioning ownership to unlock value and ensure the continuity and growth of the business. Additionally, they share insights on various exit options, from initial public offerings (IPOs) and strategic sales to private equity and family transitions, while emphasizing the significance of planning and understanding your business's true value.
Discover the common challenges business owners face when planning their exits and learn valuable tips to avoid potential pitfalls. Our speakers stress the importance of early planning, having a trusted advisory team and being prepared for unsolicited offers. They also underscore the emotional journey of selling a business and the need for a supportive network.
Whether you're starting a business or contemplating a transition, Cherry Bekaert’s most recent podcast offers practical advice and expert insights to guide you through every step of the process. Tune in to cement your business's legacy and secure your personal and financial future.
Questions? Contact Us: www.cbh.com/contact/connect-me-with-a-professional/
Learn more about Cherry Bekaert's Private Client Services - www.cbh.com/industries/private-client-services/
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#ExitStrategies #BusinessTransitions #RetirementPlanning
Переглядів: 27

Відео

Accounting Standards Updates for Busy Season 2025
Переглядів 51День тому
Discover the new accounting standards that may impact your organization for the 2025 busy season. This CPE webinar recording provides you with the knowledge and tools to understand and apply these updates effectively within your organization to ensure compliance and optimal financial reporting. Learning Objectives: - Identify those new accounting standards that impact your organization. - Compr...
Post-Election Landscape: Strategic Tax Insights - Part Two
Переглядів 48День тому
Navigating the New Landscape: Strategic Tax Insights Post-Election - Part Two As we delve deeper into the implications of the 2024 election cycle, part two of our post-election webinar series will shine a spotlight on the evolving tax policy and legislation in the 119th Congress, and more specifically on international tax policy and tariff considerations, state and local tax changes with a part...
Project Cost & Tax Considerations for Government Contractors
Переглядів 2614 днів тому
In this episode of Cherry Bekaert’s Government Contracting podcast, we discuss what to consider when planning the cost of a project. Eric Poppe, a Managing Director in the Government Contracting Industry practice, is joined by Jonathan Reid, a Director in Outsourced Accounting Services. Tune in to learn more about: - What to expect when reporting cost - Impact revenue recognition on the cost of...
Not-for-Profit Accounting Advisory Success Stories
Переглядів 1221 день тому
Scale Up: Success Stories from NFP Accounting Advisory Across the Not-for-Profit sector, accounting and finance teams can often find themselves stuck in crisis mode without a way forward or resources to solve their problems. At other times, teams can navigate the status quo but growth or improvement is out of the question. In either instance, NFPs can find themselves in the common position of b...
New Hire Success: Insights from HR Leader Elizabeth Mashakas
Переглядів 1221 день тому
From Job Offer to Day One: Setting Up New Hires for Success With Elizabeth Mashakas In this episode of Talkin' Talent, host Sam McCarthy interviews Elizabeth Mashakas, an experienced HR leader, to explore strategies for supporting new hires during the critical "affirm phase," or the transition from job offer to their first day. Elizabeth shares how her team achieved a remarkable 97% offer accep...
2024 Modernizing Manufacturing Executive Symposium Highlights
Переглядів 3421 день тому
Highlights of the 2024 Modernizing Manufacturing Executive Symposium In September, we hosted our 3rd annual Modernizing Manufacturing Symposium, where industry leaders gathered to explore the future of industrial manufacturing. This year, we focused on the agility-first mindset, emphasizing speed, digital innovation, security, and sustainability. Our event featured dynamic sessions on groundbre...
New Trump Administration Proposed Tariffs and Tax Changes: Impact on Tech Industry
Переглядів 6321 день тому
Tariffs, Taxes and Tech Industry: What the New Trump Administration Means for Global Operations In this episode of Cherry Bekaert's Technology podcast, International Tax Leader Brian Dill and Technology Industry Leader Michael Valerio discuss the potential impacts of the new U.S. administration's policies on tech companies with global operations. Listen to learn more about: - How tariffs will a...
Government Contractor Tax Credits & Incentives Guide
Переглядів 61Місяць тому
-Unlock Hidden Tax Savings: Tax Credits and Incentives for Government Contractors Watch this webinar from Cherry Bekaert and Deltek focused on the tax credits and incentives available to government contractors. Learn valuable insights into the benefits and effective utilization of various tax credits and incentives, specifically for contractors investing in R&D, renewable energy projects, real ...
Grants Management Update: COFFA & 2 CFR 200 Compliance
Переглядів 97Місяць тому
Grants Management Hybrid Symposium: COFFA, 2 CFR 200, and the Academy’s Uniform Guidance Field Guide This symposium focused on the work of the Council on Federal Financial Assistance (COFFA), the changes to 2 CFR 200, and the Uniform Guidance Field Guide the National Academy of Public Administration (NAPA) developed to support SLTT governments in financing integrated data systems and evaluation...
Federal Tax Policy Changes After the 2024 Election
Переглядів 154Місяць тому
2024 Election Outcomes and Tax Policy: Strategic Insights The 2024 election cycle has ushered in a new era of potential changes in federal tax policies that could significantly impact businesses and individuals alike. In a rapidly evolving economic landscape, taxpayers should stay informed and prepared for federal tax legislation developments. Watch for an in-depth webinar where our seasoned pr...
Forward Pricing Rates: Key Benefits Explained
Переглядів 40Місяць тому
Leveraging the Benefits of Forward Pricing Rates In this episode of Cherry Bekaert’s Government Contracting podcast, host Jeff Annessa, a Senior Manager in the Firm’s Government Contracting practice, is joined by Jade Casey, a director in the Firm’s Government Contracting Services group. Jeff spent more than 13 years working with the Defense Contract Audit Agency (DCAA) and brings valuable expe...
Tax Credits & Incentives: 2024 Review and Strategic Planning for 2025
Переглядів 112Місяць тому
Watch for an insightful webinar where we delve into the critical changes that have emerged in 2024 and what these mean for businesses and individuals looking to optimize their tax strategies. Our Tax Credits & Incentives Advisory (TCIA) speakers guide you through the latest tax credits and incentive development, breaking down complex legislative updates and highlighting key adjustments that cou...
2024 Tax Update for Nonprofits
Переглядів 84Місяць тому
2024 Tax Update This course covers the changes to IRS Form 990 for the upcoming tax year, current IRS compliance priorities and examination programs that impact not-for-profit organizations, and highlights from the IRS strategic plan related to the tax-exempt sector. Learning Objectives: - Understand changes to the IRS Form 990 and related schedules for the upcoming tax year and how they impact...
American Rescue Plan Act: Compliance Insights
Переглядів 61Місяць тому
American Rescue Plan Act: The Last Minute Effort The American Rescue Plan Act (ARPA) of 2021 was signed into law by President Joe Biden on March 11, 2021. ARPA is a $1.9 trillion economic stimulus package. The State and Local Fiscal Recovery Funds (SLFRF) is a significant component of the ARPA. The SLFRF allocates $350 billion to state, local, territorial, and tribal governments. The purpose of...
Grants Compliance Tips During Staffing Transitions
Переглядів 35Місяць тому
Grants Compliance Tips During Staffing Transitions
Effective Deltek Costpoint Tips for Businesses
Переглядів 45Місяць тому
Effective Deltek Costpoint Tips for Businesses
Truthful Cost or Pricing Data Act: A Government Contractors' Guide
Переглядів 63Місяць тому
Truthful Cost or Pricing Data Act: A Government Contractors' Guide
Unanet Key Features and Benefits Overview
Переглядів 722 місяці тому
Unanet Key Features and Benefits Overview
Important 2024 Year-End Tax Planning Strategies for Businesses
Переглядів 1422 місяці тому
Important 2024 Year-End Tax Planning Strategies for Businesses
Important 2024 Year-End Tax Planning Strategies for Individuals
Переглядів 1552 місяці тому
Important 2024 Year-End Tax Planning Strategies for Individuals
ERP System Selection & Implementation: Key Factors to Consider
Переглядів 662 місяці тому
ERP System Selection & Implementation: Key Factors to Consider
Government Contracting: Subcontractor Administration Tips
Переглядів 792 місяці тому
Government Contracting: Subcontractor Administration Tips
Key AI Technologies Shaping Modern Accounting
Переглядів 552 місяці тому
Key AI Technologies Shaping Modern Accounting
Comprehensive Overview of HITRUST CSF and Certification
Переглядів 1152 місяці тому
Comprehensive Overview of HITRUST CSF and Certification
Government Contractor Financial Planning Tips for 2025
Переглядів 322 місяці тому
Government Contractor Financial Planning Tips for 2025
Disaster Losses & Casualty Gains for 2024 Taxes: IRS Guidelines
Переглядів 1292 місяці тому
Disaster Losses & Casualty Gains for 2024 Taxes: IRS Guidelines
HITRUST CSF Framework: Understanding the Basics
Переглядів 642 місяці тому
HITRUST CSF Framework: Understanding the Basics
Economic Update: Equity, Rates, Debt, M&A Market Insights
Переглядів 652 місяці тому
Economic Update: Equity, Rates, Debt, M&A Market Insights
Simplify Sales Tax Compliance with Automation Technology
Переглядів 572 місяці тому
Simplify Sales Tax Compliance with Automation Technology

КОМЕНТАРІ

  • @Kyle-fo7kb
    @Kyle-fo7kb 4 дні тому

    Hi, we live in Georgia and my wife has an online therapy practice as a Sole Prop. She's is making roughly $130k/year($120k after expenses) and we were wondering if converting to an LLC with S-corp designation would be worth it to save on fica if she has a set salry of say $60k and the rest from shareholder passthrough. She would be the only employee/shareholder so we were about to start the LLC process when I read about the corpoation net worth tax in GA and became concened that she would then have to pay taxes twice in GA. Can you help clarify whether it would be worth it or not for her to proceed with an LLC/S-corp? thank you

  • @ginotarabotto
    @ginotarabotto 21 день тому

    Great explanation. Is there a typical maximum one can get in CD Tax Credits?

    • @CherryBekaertCB
      @CherryBekaertCB 5 днів тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @paulunderwood5461
    @paulunderwood5461 Місяць тому

    Werffel is history soon, so hopefully that will break the logjam.

  • @coycooper8985
    @coycooper8985 Місяць тому

    Please note there is no incentive for the AE or contractor for non profits or govt if the 179 consultant is going to influence the entity to request discounted work. If you’re going to do that in your communication with the entity, this program is dead in the water for an AE or contractor to participate in or subject themself too. The political capitol that is gained by the entity is to publicly proclaim its committed commitment to green building and the utility cost savings which are demonstrated by your studies.

  • @marcbrooks77
    @marcbrooks77 Місяць тому

    We filed through our peo in march 2023. We keep getting the same canned email saying they are working on it. Anything that can be done to get this moving along?

    • @CherryBekaertCB
      @CherryBekaertCB Місяць тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @debraannmartinez7157
    @debraannmartinez7157 Місяць тому

    I received 4 of my check still waiting for the other two. When do I amend the paperwork and pay the taxes?

    • @CherryBekaertCB
      @CherryBekaertCB Місяць тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

    • @AnnieStokes-px3uj
      @AnnieStokes-px3uj 27 днів тому

      When did you file your claims?

  • @anthonysherman9113
    @anthonysherman9113 2 місяці тому

    Good Video very informative! Tony Sherman,MBA

  • @craigandresen1480
    @craigandresen1480 2 місяці тому

    I'm losing hope that I will ever recieve my funds.

    • @CherryBekaertCB
      @CherryBekaertCB 2 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @meanydeany9200
    @meanydeany9200 2 місяці тому

    Oops I didn’t edit that first part out 😁

  • @brandonsanders2278
    @brandonsanders2278 2 місяці тому

    I filed in June last year. I received notice that I should receive a refund in 4-6 weeks .check has not came .I called they said to call back In 30days

    • @CherryBekaertCB
      @CherryBekaertCB 2 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

    • @hershthehitmaker3748
      @hershthehitmaker3748 5 днів тому

      they did me the same way. I received a CP112 letter .

  • @KELLENKASH
    @KELLENKASH 2 місяці тому

    Thank you sometimes you dont know you need this till its necesito.

  • @fayestange8782
    @fayestange8782 2 місяці тому

    We filed for our claim in July 2023 we have not received anything yet.. I filed through a PEO

    • @JLAP72
      @JLAP72 2 місяці тому

      we have been waiting since April of 2022. The PEO through ours is horrible.

    • @CherryBekaertCB
      @CherryBekaertCB 2 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

    • @24NT8
      @24NT8 5 днів тому

      Same here I filed back in 2022 and nothing has come in… I’m at the 24 month mark

  • @user-js7oc8vq8t
    @user-js7oc8vq8t 2 місяці тому

    Have they started issuing out checks

    • @CherryBekaertCB
      @CherryBekaertCB 2 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

    • @CherryBekaertCB
      @CherryBekaertCB 5 днів тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @nisarrazvi7929
    @nisarrazvi7929 2 місяці тому

    Our company filed in November 2023. Whenever we called IRS, they say the same things IRS received your claim, and IRS is working on it. We have not received any single letter from IRS with any information.I call IRS once every month, and i get the same response.As per IRS, they are waiting to assign it to someone

    • @CherryBekaertCB
      @CherryBekaertCB 2 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @sheilarhodesforever
    @sheilarhodesforever 3 місяці тому

    Nice work, ladies! 👩🏻‍💻 This was a helpful video for me.

  • @DeniceSuffern
    @DeniceSuffern 3 місяці тому

    Thank you so much for this amazing video! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

    • @CherryBekaertCB
      @CherryBekaertCB 3 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @Adrian_Lillard
    @Adrian_Lillard 4 місяці тому

    Thank you for sharing this knowledge 🙏 blessing to yall

  • @r111k
    @r111k 4 місяці тому

    I can’t find authority for the statement on Virginia updates slide supporting the claim that nonresident owners are relieved of an income tax filing requirement if they have no other Virginia state income. Is this a correct statement?

    • @CherryBekaertCB
      @CherryBekaertCB 3 місяці тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @mateopucu
    @mateopucu 4 місяці тому

    Thanks!

  • @MISTYEYED.
    @MISTYEYED. 6 місяців тому

    ❤❤❤

  • @anthonybarnhart4910
    @anthonybarnhart4910 6 місяців тому

    Howdy. Noticed that in the description you mentioned L1 and L2 assessments will become mandatory once final 32 CFR gets logged into the Fed Registry. There’ll actually only be a very small percentage (single digit) of impacted contracts that’ll be self-assessed at L2. The lion’s share will be C3PAO-led, in order to ensure consistency and reliability in the results. There’ve been far too many self-assessments that turned out to be complete bunk, leading to adversaries pilfering unclass specs from unprotected subcontractor systems - while those same subcontractors claimed scores above 88 in SPRS.

  • @superwomanette
    @superwomanette 6 місяців тому

    I'm interested in the link and this pdf

    • @CherryBekaertCB
      @CherryBekaertCB 6 місяців тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @texas-starphysicaltherapy5469
    @texas-starphysicaltherapy5469 6 місяців тому

    Educational and Church

  • @debraannmartinez7157
    @debraannmartinez7157 6 місяців тому

    Should daycares not get it because their revenue went up? I am waiting for my refund for 2021 and 2022 or something like that. So you are saying I shouldn't get it?

    • @CherryBekaertCB
      @CherryBekaertCB 6 місяців тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @rorkgoose1774
    @rorkgoose1774 7 місяців тому

    Government must always be viewed with considerable mistrust.

  • @LoftisforTreasurer
    @LoftisforTreasurer 7 місяців тому

    As always, I thank Cherry Bekaert for these videos.

  • @LoftisforTreasurer
    @LoftisforTreasurer 8 місяців тому

    Thanks for the presentation.

  • @cyberpunkalphamale
    @cyberpunkalphamale 8 місяців тому

    Appreciated

  • @Laddie999
    @Laddie999 8 місяців тому

    And thank you so much for sharing this and putting CECL in plain English ❤

  • @Laddie999
    @Laddie999 8 місяців тому

    Hi I have a question about the recovery? The previous slide said that recoveries are a Dr. Cash Cr. Income but on the rollfoward, how does the "write offs, net of recoveries work? JE for Writes offs is Dr. ACL Cr. Loan receivable. I've been struggling with recoveries under CECL. I'm reading in the ASC example that recovery payments are direct recorded to Allowance for Credit?

    • @CherryBekaertCB
      @CherryBekaertCB 8 місяців тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @xincijiang2413
    @xincijiang2413 9 місяців тому

    How to calculate 2020's interest $9,963?

    • @CherryBekaertCB
      @CherryBekaertCB 9 місяців тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @SANDJPOVS
    @SANDJPOVS 10 місяців тому

    We did the program but have NO IDEA how to submit the payments through EFTPS - they show absolutely no way to make the payments, and we spent 6 hours on the phone with them and the IRS. Has anyone been sucessfully able to make payments and if so, do you know how?

    • @CherryBekaertCB
      @CherryBekaertCB 10 місяців тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @Bbking4988
    @Bbking4988 11 місяців тому

    32:03 $25k for new software, what if thr peoject is complete but only spend $20k. Dose the NFO needs to return the $5k?

    • @CherryBekaertCB
      @CherryBekaertCB 11 місяців тому

      Thank you for your inquiry. Please send us your contact information by filling out the form below and we will have the appropriate professional contact you directly. www.cbh.com/contact/connect-me-with-a-professional/

  • @lancewallach1089
    @lancewallach1089 11 місяців тому

    FORBESMONEYTAXES Employee Retention Credit Schemes Are Symptoms Of A Dysfunctional Tax System Peter J Reilly Jun 1, 2023,03:02pm EDT Lance Wallach

  • @daddyyanky7310
    @daddyyanky7310 11 місяців тому

    Thanks

  • @giadamico7813
    @giadamico7813 11 місяців тому

    Incredibly helpful and concise. Ty!

  • @videovaultrelease
    @videovaultrelease Рік тому

    Amazing stuff here!

  • @pearlcurtis1475
    @pearlcurtis1475 Рік тому

    😬 'Promo sm'

  • @MattNewell-v7k
    @MattNewell-v7k Рік тому

    very helpful, thanks for sharing!

  • @Sayanmajumder794
    @Sayanmajumder794 Рік тому

    If you give us all the chapters of cpa,cfa,economics, quantitative math. Chapter wise study and real life works then we definitely follow your channel and support you a properly way..... Well choices are your.

  • @Superhero-p8b
    @Superhero-p8b Рік тому

    Nice

  • @vivekagrawal1503
    @vivekagrawal1503 Рік тому

    Great content guys. Please put these webinars more often... Andrew was superb in articulating the things ❤

  • @jamesjiang7819
    @jamesjiang7819 Рік тому

    Very clear explanations of the key concepts and the framework. Thank you.

  • @randommemories19
    @randommemories19 Рік тому

    Great job, guys! Very informative webinar!

  • @dosmasdos9542
    @dosmasdos9542 Рік тому

    Those two examples he used for supply chain disruption won’t hold in court . Lol

  • @flyingjeff1984
    @flyingjeff1984 Рік тому

    Thanks GASB. Thousands upon thousands of small government entities are now entrapped in this madness. I remember when GASB was born. We now know it is the spawn of satan.

  • @theeverythingelectronicsst3897

    She doesn't articulate herself very well, he's not very believeable either, the whole interview comes across as completely staged

  • @annohalloran6020
    @annohalloran6020 Рік тому

    ❤️

  • @lancewallach1089
    @lancewallach1089 Рік тому

    After meeting with the IRS comish and some IRS Dept. heads I learned some interesting information about upcoming audits. The Employee Retention Credit is a priority enforcement topic for the IRS. Like other priority enforcement topics, such as micro-captives and conservation easements, the IRS issued a stern warning “to be wary of third parties who are advising employers to claim” the ERC “when they may not qualify.” It is more important than ever for employers to revisit their ERC positions. I have received hundreds of calls from taxpayers and accountants about audits. Do something now: Do not wait.