Apple Growth Partners

Two New HRAs Available Jan. 1 for Employers

By Susan Burnoski, CPA | Principal, Audit & Assurance As of January 1, 2020, there are two new health reimbursement arrangement (HRA) alternatives for employers to consider. However, due to notice requirements, you need to begin the process now. Individual Coverage HRA (ICHRA) If the individual purchases ACA-compliant health coverage, an employer of any size …

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Ep19: Healthy Growth Checkup® for Businesses

You go to the doctor for a check-up every year, shouldn’t your business do the same? Our very own chairman emeritus Dave Gaino joins us today to discuss his industry-leading Healthy Growth Checkup®, a comprehensive overview critical for all business owners. Dave tells us what led him to create this ground-breaking service and how his …

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Award-Winning Apple Growth Partners Announces Promotions

AKRON, Ohio – (July 16, 2019) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, has announced staff promotions effective July 1. Eight employees earned career advancement as a result of their commitment to the firm’s clients. Business Valuation department: Kim Robison, senior associate Tax department: Mike Fink, manager Toby Kaye, manager Brad …

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Enterprise Value vs. Equity Value: What’s the Difference?

By Eric Flickinger, CPA/ABV | Manager, Business Valuation Have you ever tried to substitute diet soda for regular soda? It’s just not the same. Diet soda can leave a bad taste in your mouth if you are not prepared for it. Similarly, if you fail to understand the difference between enterprise value and equity value, …

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ESOP 101: What Owners Need to Know about Employee Stock Ownership Plans

By Dave Gustafson, J.D. | Principal – Business Valuation One of the biggest decisions a business owner can make is how they want to handle the succession of their company. While many employees can retire and move on with their life, an owner has to consider several things, including who is going to succeed them …

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Understanding Discounted Cash Flow Method

Key Points to Communicate to ESOP Participants By Eric Flickinger, CPA/ABV | Manager, Business Valuation The discounted cash flow (DCF) method is an advanced topic in financial courses. So, explaining the process to individuals that haven’t spent time studying finance can be somewhat complicated. However, if you’re an employee stock ownership plan (ESOP) participant, it’s …

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Why Manufacturers Need to Know About Ohio’s R&D Investment Loan

By Mike Fink, CPA | Supervisor, Tax The state of Ohio established a Research and Development (R&D) Investment Loan program for qualified business owners more than 15 years ago but many business owners may be unaware of its existence or benefits. This program provides low-interest loans with a tax credit through the Ohio Development Services …

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Exciting News for Ohio’s Small Business Owners

Stimulating developments have occurred recently to reestablish important tax deductions for small business owners in Ohio. Early in June: The Ohio House of Representatives passed their version of a state budget, including an increase of $1.2 billion in business taxes. The House budget cuts personal income tax rates by 6.6% but switched tax burden to …

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Ep18: How (and When) to Sell Your Company to Your Employees

If you’re a business owner considering the next phase of your legacy, have you considered selling the company to your employees through an Employee Stock Ownership Plan (ESOP)? A viable option for succession planning, ESOPs provide business owners the freedom to exit their company on their own terms, while rewarding employees and offering skin in …

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Ep17: How Imperfect Parents Lead Great Families

Fostering a culture that supports work/life balance of its employees means taking a break from the “business side” of professional development and discussing a topic many employees can relate to – parenting. Today, Chuck & Brittany are joined by Dale Vernon, co-author of How Imperfect Parents Lead Great Families. Investment professional by day, Dale and …

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