Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants
Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants

Dimitri Yimga

Dimitri Yimga

Blog by Dimitri Yimga

Setting up a Health Savings Account for your small business
Health Savings Accounts offer a flexible, tax-advantaged option for providing health care coverage. Employers and employees can benefit. Here’s a look at what an HSA could mean for your business.
29.10.19 01:49 PM - Comment(s)
Selling securities by year end? Avoid the wash sale rule
Have you cashed in some investment gains in 2019? You may be looking for unrealized losses in your portfolio so you can sell those investments to offset your gains before year end. This can reduce your tax liability. But don’t run afoul of this rule.
28.10.19 01:50 PM - Comment(s)
Buy or lease? Both can benefit nonprofits
When a nonprofit must choose whether to buy or lease its facility, the decision-making process can be tough, with many factors to consider. We review the pros and cons of each option.
24.10.19 12:49 PM - Comment(s)
Use a Coverdell ESA to help pay college, elementary and secondary school costs
Are you looking for ways to save for your child’s or grandchild’s education? Or do you want to save for private elementary and secondary school? A Coverdell Education Savings Account may help.
23.10.19 03:06 PM - Comment(s)
Deciding whether a merger or acquisition is the right move
One of the boldest plays a business owner can make is to merge with or acquire a competing (or compatible) company. But it doesn’t guarantee victory.
22.10.19 01:55 PM - Comment(s)
Reasons why cash is king
Balance sheets and income statements get all the attention. But the less popular statement of cash flows can be a powerful management tool, if you know how to interpret it…
21.10.19 04:05 PM - Comment(s)
Watch out for tax-related scams
Have you received a text, letter, email or phone call purporting to be from the IRS? Don’t become the victim of a scam. Here’s what you should look out for.
14.10.19 03:19 PM - Comment(s)
Take advantage of the gift tax exclusion rules
With the annual federal gift tax exclusion, you can transfer substantial amounts free of gift taxes to your children and others. Here are the basic rules.
10.10.19 03:33 PM - Comment(s)
Getting the goods on hidden assets
If you suspect someone of hiding assets to escape legal or financial responsibilities, don’t try to find them on you own. Fraud experts have proven methods of getting to the truth. We look at a few of them.
09.10.19 02:53 PM - Comment(s)
Measuring fair value for financial reporting
Does your business report any assets at fair value? Are these estimates reasonable? Here’s how a valuation specialist can help management meet its financial reporting responsibilities and ensure adequate controls over these measurements.
08.10.19 12:04 PM - Comment(s)