IT DEPENDS PODCAST
It Depends is a podcast series brought to you by Hantzmon Wiebel. If you’ve ever talked to an accountant, they’ve probably told you, “Well, it depends…” This podcast series is for business owners, leaders, operators, accountants, or anyone just wanting to learn more about the accounting industry.
RECENT EPISODES
What Employers Need to Know About Employee Benefit Plans
There are two main types of benefit plans: defined contribution plans and defined benefit plans. A defined contribution plan, such as a 401(k), ESOP, or profit-sharing plan, specifies the amount an employee contributes “up front,” but the final amount they can withdraw depends on market performance and is not guaranteed.
The Power of Enterprise Risk Management
Every organization encounters risks, but not all risks are negative. Avoiding risk entirely can limit growth and prevent an organization from reaching its full potential. Instead, organizations must learn to navigate and manage risk effectively.
The Three Types of Business Valuations
To properly value a business, one must first look into the past. This means all historical financial statements, such as income statements, balance sheets, statements of cash flows, and tax returns, should be evaluated to understand what the business has done historically.
Generosity Pays: Estate and Gift Giving
Besides that warm, fuzzy feeling one can get from giving to another, gift exchanges are typically not subject to taxation, presenting an attractive way to support another person or organization. Recipients are also never subject to taxation as a result of accepting a gift.
Real Estate is Real Estate: Understanding 1031 Exchanges
1031 exchanges are a provision in the tax law that outlines a tax-deferred transaction within the real estate industry. The provision states that if one were to sell a piece of property, they may reinvest that money into another property without…
Streamline your Finances with Outsourced Accounting
Outsourced Accounting covers foundational accounting work such as accounting, bookkeeping, bill pay, and payroll, as well as more advanced services like month-end close, audits, cash flow projections, and more.
Five Common Myths to Watch Out for this Tax Season
Tax season can be difficult to navigate, but Hantzmon-Wiebel is here to help. Our tax services cover the planning and the completing processes to help you maximize your earnings.
Protecting Your Business with Fraud Prevention
In any business, large or small, fraud can be a threat to the organization's most valuable assets. Fraud prevention is a critical practice that protects your business’s integrity, reputation, and financial stability. Understanding the risks, implementing preventative measures, and fostering a culture of accountability can help you avoid the devastation that fraud can cause.
Understanding the True Value of Your Business
Understanding the true value of a business is a critical yet often overlooked aspect of ownership. Business valuations provide clarity, whether you’re planning for the future, managing estate considerations, or preparing for a transition. Our team helps business owners uncover their company’s worth, turning financial data and industry insights into actionable strategies for growth and success.
Making Data Actionable with Financial Planning & Analysis
At Hantzmon Wiebel, one of the many services we specialize in is providing expert financial planning and analysis (FP&A), which empowers businesses and organizations to make informed decisions. FP&A serves as a valuable bridge between raw data and actionable insights, allowing business leaders to have the tools and understanding necessary to drive success.