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

M&A transactions: Avoid surprises from the IRS
If you buy or sell business assets in an M&A deal, you’re required to report the details of the transaction to the IRS. The tax agency may then compare what both parties report to ensure they’re identical.
22.07.19 04:51 PM - Comment(s)
Which entity is most suitable for your new or existing business?
In the past couple of years, major changes have been made to the taxation of both C corporations and pass-through entities (including sole proprietorships). So what’s the best entity choice for your small business?
17.07.19 12:24 PM - Comment(s)
2019 Q3 tax calendar: Key deadlines for businesses and other employers
Although you might want to enjoy the lazy days of summer, employers and businesses shouldn’t take it so easy that they miss these important Q3 2019 tax deadlines.
15.07.19 12:32 PM - Comment(s)
Selling your home? Consider these tax implications
Are you selling your principal residence? You may be able to exclude up to $250,000 ($500,000 for married joint filers) of gain. Here are the tax rules for home sales.
11.07.19 02:12 PM - Comment(s)
Put a number on your midyear performance with the right KPIs
The pause that refreshes — and informs. That’s what midyear can be if you pick the right key performance indicators and crunch the numbers accurately.
09.07.19 02:34 PM - Comment(s)
The pros and cons of interim reporting
Interim financial reports don’t have to be perfect to give stakeholders insight into midyear financial performance. But it’s important to learn their potential shortcomings to avoid jumping to premature conclusions.
08.07.19 03:16 PM - Comment(s)
Predicting future performance
CPAs don’t have a crystal ball. But they can estimate your company’s future performance. Here’s how.
02.07.19 10:51 AM - Comment(s)
The owners of many companies separate their business interests from the real estate interests related to their physical facilities. They typically do so to shield the real estate from the claims of creditors. But there’s another reason to consider ...
24.06.19 11:44 AM - Comment(s)
AUP engagements: A middle ground between audits and consulting services
CPAs offer a wide menu of services. One of the lesser-known options is an agreed upon procedures (AUP) engagement. It uses procedures similar to an audit, but on a limited scale. It may target specific financial or nonfinancial data or a specific financial statement.
12.06.19 04:40 PM - Comment(s)
Check on your refund — and find out why the IRS might not send it

It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their refunds have landed. According to the IRS, most refunds are issued in less than 21 calendar days. However, it may take longer — and in rare cases, refunds might not c...

09.06.19 03:57 AM - Comment(s)