LUTZ BLOG
Accounting, consulting, financial, technology, merger and acquisition, and staffing articles, tips, and news.
Highlights from the Latest Tax Proposal + Financial Market Update + 9.14.21
House Democrats via the Ways and Means Committee detailed the proposed tax increases on corporations, investors, high-income individuals…
Lutz Expands 401(K) Services with Pooled Employer Plan (PEP) Offering
Lutz Financial recently announced its partnership with Newport, a leading independent retirement services provider, to offer the Lutz Financial Pooled Employer Plan (PEP)…
International Diversification in Charts + Financial Market Update + 9.7.21
Diversifying equity exposure internationally can potentially reduce volatility and smooth out periods of extreme performance disparity…
Creating an Investment Policy for a Nonprofit Organization
Lutz has helped many nonprofit boards put an investment policy together for their entity. Boards naturally have a fiduciary duty…
4 Things to Know Before Selecting a Customer Relationship Management (CRM) Software
Here are four things you need to know when considering these Customer Relationship Management (CRM) platforms: Functionality and…
Quarter Two Middle Market M&A Report 2021
There was a frenzy of M&A activity through the first half of the year with no signs of letting up during the second half…
The Hidden Risk of Holding Too Much Cash + Financial Market Update + 8.24.21
While keeping assets in cash is an effective way to limit portfolio volatility, doing so can expose investors to other risks…
The Advantages and Drawbacks of SPACs
A special purpose acquisition company (“SPAC”) is a shell company that is created solely for the purpose of raising money through an initial public offering (“IPO”)…
Smith a Recipient of Hastings Young Professional 30 Under 30-ish Award
Sheana Smith has been named a Hastings Young Professional’s 30 Under 30-ish award winner. This distinction awards 30 young leaders in…
Biden Tax Proposal Affects Farmers, Ranchers and Business Owners
President Biden proposed Fiscal Year 2022 (FY2022) budget contains several provisions detrimental to family farms and businesses…
Lutz adds Alec Johnston and Sebastian Tine
Lutz welcomes Alec Johnston and Sebastian Tine to its Omaha office. Alec joins Lutz Financial and Sebastian joins Lutz Tech…
9 Important Nonprofit Accounting Terms Explained
If you are operating a nonprofit organization you should learn these key terms to understand the nonprofit financials better…
Dirty Data? 6 Ways to Cleanse a Database
Having accurate data to draw from when making business decisions is vital. Companies will greatly improve the accuracy of their reporting…
August Retirement Plan Newsletter 2021
This months retirement plan newsletter contains insights on generational influences and behavioral finance, retirement plan document…
Your Chart of Accounts: What You Should Know
You might never have seen it, but QuickBooks’ Chart of Accounts works in the background constantly and can help you…
3 Bookkeeping Techniques for Startups
One of the first things your new company needs to establish is a way to track your finances. There are several options…
3 Accounting Services Your Business Should Outsource
You can handle most of your daily accounting work on your own, but there are critical tasks that you should consider outsourcing…
Lutz adds Heber Camey and Lindsey Sparks
Lutz welcomes Heber Camey and Lindsey Sparks. Heber joins Lutz Tech as a Service Desk Technician and Lindsey joins Lutz Talent as a…
Lutz adds Claire Hasty and Jessica Schmid
Lutz welcomes Claire Hasty and Jessica Schmid to its Omaha office. Claire joins the team as a staff accountant and Jessica as an accounting assistant…
Are Market Forecasts Valuable? + Financial Market Update + 8.3.21
In the long-term, investors would be better served by holding a diversified portfolio rather than constantly repositioning a portfolio to bet on the next forecast…
8.4.21 | Office 365 Spotlight: OneNote | Recording
This webinar will cover the features and benefits of OneNote and how your business can best leverage its innovative multi-media sharing functionalities…
9.1.21 | Risk Areas in Due Diligence During M&A Process | Recording
Considering buying a business? Enlisting the help of a professional will give you deeper insights into the financials of the Target as well as the risks of the investment…
7.28.21 | Best Practices for Creating & Adopting a Remote Work Policy | Recording
In this presentation, Lutz experts will offer tips and considerations for businesses looking to adopt or enhance their remote work policies to ensure employees, employers, and the organization…
Family Office FAQs
What makes family office such an elusive concept? The following are answers to some of the common questions asked about family offices…
5 Tips for Conducting a Successful Virtual Interview
with some forethought and preparation, you can make your virtual interview a smashing success. Here are five tips to keep in mind…
Does My Business Need a Physical Security Assessment?
If your property safety is incomplete or a recent incident has highlighted a security gap, a physical safety assessment is the first step to informed improvements…
EBITDA Valuation Multiples and How It’s Calculated
EBITDA is one of the most common metrics that investors use to determine a company’s value. Earnings Before Interest, Taxes, Depreciation…
Lutz Announces 2021 Shareholder and Director Promotions
Lutz recently announced its shareholder and director promotions for 2021…
Lutz Announces 2021 Manager, Senior, Associate and Tech Division Promotions
Lutz, a Nebraska-based business solutions firm, recently announced its manager, senior, associate, and tech division promotions for 2021…
Lutz named a 2021 Top 100 Firm by INSIDE Public Accounting
Lutz made its fourth appearance on the INSIDE Public Accounting (IPA) Top 100 list, coming in at #83. Ranking the nation’s largest…
QuickBooks Online Series
Join us for a QuickBooks Online Series throughout August, September & November! Receive a tutorial of the Accounts Receivable and Banking…
Can a Market Decline Be a Good Thing? + Financial market Update + 7.20.21
It is important to remind investors that volatility is a normal and healthy feature of investing in the stock market. Selloffs can reset…
July Retirement Plan Newsletter 2021
This month’s newsletter contains insights on bitcoin, fiduciary liability, bundling, and more…
Stark Updates + Preparing for Physician Compensation Changes
At the end of 2019, the government amended the federal physician self-referral law (Stark Law). This amendment brought significant changes to how compensation…
Employee Retention Credit + Healthcare
Did your business suffer a revenue decline in 2020? Do you expect a revenue decline in 2021 compared to 2019? Did your business experience a shutdown in 2020?…
Provider Relief Fund Reporting
Finally, The Department of Health and Human Service (HHS) opened the Provider Relief Fund (PRF) Reporting Portal on July 1. Important highlights include…
The Inflation Debate Continues + Financial Market Update + 7.13.21
Inflation continues to be one of the main storylines gripping the markets in 2021. The question isn’t if we will see sharp price increases or not, as they have been spiking…
Lutz Formalizes Transaction Advisory Service Line
Lutz recently formalized a new offering, Transaction Advisory Services (TAS). TAS will offer Quality of Earnings (QoE) reports…
Making a Career Change + Tips from the Experts
Why should you consider changing careers? When is it time to act on that decision? What is most important to look for in your next role?…
10.6.21 | Office 365 Spotlight: Excel | Webinar
This webinar will cover the common features and benefits of Excel as well as tips and tricks for utilizing some of its more complicated components to optimize your business’s data…
What is Materiality and How to Navigate it
what falls under materiality is actually quite subjective. The judgment falls under management. Just as no two businesses are exactly alike…
How Power BI Helps Your Business Harness Key Insights
Power BI, one of the most well-known products in the data visualization space, is the best remedy to this common dilemma for business leaders. A great tool for organizations…
11.10.21 | Non-Profit Tax Update + Form 990 | Webinar
Even though tax-exempt nonprofits do not pay federal taxes, they do have to file an information form with the IRS. Form 990 makes sure that nonprofits conduct their business…
7.14.21 | Financial Statements for Nonprofits | Recording
In this seminar, Lutz experts will take participants through the basics of understanding and using financial statements in a nonprofit…
Average Returns are Rare + Financial Market Update + 6.29.21
Over the last century, the US stock market has been a wealth-creating machine. With an average annual return of just over 10%, a buy-and-hold investor should…
Lutz adds Joshua Ahart and Marissa Lee to Omaha Office
Lutz, a Nebraska-based business solutions firm, welcomes Joshua Ahart and Marissa Lee to its Omaha office…
Long-Term Care Planning 101
One of the most difficult decisions clients will make in the financial planning process is planning for long-term care (LTC)…
Lutz adds McWilliams, Skrobecki and Stalsberg as Staff Accountants
Lutz, a Nebraska-based business solutions firm, recently added three staff accountants to its Omaha office…
Net Working Capital Calculation Dilemma + Customer Deposits/Deferred Revenue
In a typical merger and acquisition transaction, determining the proper amount of net working capital to be in the business at the closing of a sale…
Case Study: Syracuse Area Health
The partnership between Syracuse Area Health and Lutz has resulted in successful accounting and business solutions for the hospital…
Lutz adds Zach Koester and Lauren Meyers
Lutz, a Nebraska-based business solutions firm, welcomes Zach Koester and Lauren Meyers to its Omaha office…
Common Behavioral Biases and How to Overcome Them + Financial Market Update + 6.15.21
A powerful tool investors can use to avoid the damaging effects of behavioral biases is a financial plan. Establish a strategy in advance…
Funding Opportunity + Rural Health Clinic VAccine Confidence (RHCVC) Program
Medicare-certified RHCs and organizations that own and operate Medicare-certified Rural Health Clinics can apply through 6/23/2021…
Rural Health Clinic COVID-19 Testing and Mitigation (RHCCTM) Program
On June 10th, HRSA through the American Rescue Plan Act of 2021 (ARPA) started to distribute to eligible RHCs a flat payment amount…
HHS Releases Updated PRF Reporting Requirements and Timeline
On June 11, 2021, HHS through HRSA issued revised PRF reporting requirements and updated FAQs. Highlights include…
Tips for Staying Connected with Your Accountant During Virtual Times
From meetings to exchanging documents, technology provides simple solutions for staying connected with your accountant virtually…
Lutz Financial Named an Accounting Today 2021 Wealth Magnet
Lutz Financial was recently named one of Accounting Today’s 2021 Wealth Magnets: Top 150 Firms by Assets Under Management (AUM)…
6.30.21 | Stark Regulation Updates + Physician Compensation Compliance Strategies | Recording
In this webinar, we discuss Stark regulation updates and how the changes will affect your physician compensation models…
The Return of Meme Stock Mayhem + Financial Market Update + 6.8.21
Meme Stocks are once again making headlines. While they have been generating significant buzz, are they actually worth your attention…
June Retirement Plan Newsletter 2021
This month’s newsletter contains insights on 401(k) match for student loans, online security tips, and more…
Lutz adds Brodie Case and Dawn Wessling to Omaha Office
Lutz, a Nebraska-based business solutions firm, welcomes Brodie Case and Dawn Wessling to its Omaha office…
Torn Between Job Offers? 4 Things to Consider
When you have two job offers on the table, choosing the right one to accept can be challenging. To make an informed decision, you need to have…
Visualize Key Data Through Dashboards
Through dashboards, you can visualize a dynamic snapshot of a number of key data points, effectively summarizing the critical information…
What to Do if Your Business Suffers a Data Breach
Data breaches are becoming more common and increasingly expensive. Once your business suffers a data breach, you may spend a considerable amount of time and resources…
Quarter One Middle Market M&A Report 2021
Deal volume in the lower middle market surged in Q1-2021. COVID-19 has served as a catalyst for the acceleration of trends across sectors…
Nobody Talks About Rick Anymore?
In the 1970s Warren Buffett and Charlie Munger had another partner named Rick Guerin. Here’s what he can teach you about market patience…
Why a Pause in Market Gains is a Good Thing + Financial Market Update + 5.25.21
Any way you slice it, a slowdown in the pace of market gains is probably a good thing. Most metrics suggest the market looks expensive…
The Inflation Debate Explained + Financial Market Update + 5.18.21
An intense debate has been raging in the markets centered on whether the economy is entering a new regime of persistently higher inflation…
Job Interviews During a Pandemic: What We’ve Learned
COVID-19 has changed the way we conduct/attend job interviews. Here are five things that pandemic interviews have taught us…
Resilient Family Capital
High-functioning families of wealth take a broad view of family capital, realizing the concept refers to so much more than just financial wealth. These successful enterprises are rich in family capital…
How QuickBooks Helps Independent Contractors With Invoicing
If you are an independent contractor and need to send invoices, QuickBooks provides the best tools for this task…
5 QuickBooks Desktop Training Tips for Beginners
New software that you will use to track your company’s finances is especially intimidating. QuickBooks was designed for small businesses like yours…
Ignoring the Market’s Mood Swings + Financial Market Update + 5.11.21
Investors have a tendency to allow market movements to sway their investment outlook. When prices are rising, they become more optimistic and view the market as more attractive..
May Retirement Plan Newsletter 2021
This month’s retirement plan newsletter contains insights on tactics to increase retirement plan participation, ERISA definitions, and more…
Highlights from the Berkshire Hathaway Meeting + Financial Market Update + 5.4.21
Here are some of the top takeaways from the 2021 Berkshire Hathaway meeting: Greg Able confirmed as the heir apparent; Bitcoin, Robinhood…
5.5.21 | Am I Ready to Sell My Business? | Recording
When is the right time to exit your business? Whether you are considering a business sale or not, it’s important to understand your options…
6.2.21 | Modernizing Customer Relationship Management with Software | Webinar
In this presentation, Ryan Wade of Lutz Tech will highlight the benefits of modern ERP and CRM systems and what you need to know before choosing a solution…
Restaurant Revitalization Fund (RRF) + Application Opening Announced
The U.S. Small Business Administration announced that registration for the $28.6 billion Restaurant Revitalization Fund will begin on Friday, April 30, 2021…
6 Common Causes of Job Dissatisfaction and How To Overcome Them
Job dissatisfaction can cause physical and mental health problems such as insomnia, excessive worrying, and even depression. Fortunately, finding a solution may be easier than you think…
Life-Altering Innovation with Subpar Returns + Financial Market Update + 4.20.21
New innovation has an exceptional ability to capture the imagination of investors. The prospect of hitting it big, coupled with the feeling that…
Update + Restaurant Revitalization Fund
The US Small Business Association (SBA) recently updated its website to provide additional details on the Restaurant Revitalization Fund (RRF)…
5 Microsoft 365 Tools You Didn’t Know About
This post focuses on five Microsoft 365 tools that some companies may not know about that can allow employees to work smarter and become more efficient…
12.15.21 | Office 365 Spotlight: Planner | Webinar
This webinar will cover the features and benefits of Planner and offer tips your team can utilize to better communicate, collaborate, and stay organized through this tool…
How to Transition a Temporary Employee to a Permanent Position
LUTZ BUSINESS INSIGHTS How to Transition a Temporary Employee to a Permanent Position CHRIS BOUCHARD, DIRECTOR OF TALENT ACQUISITION When you need short-term workers, you may find it beneficial to hire temporary staff. With time, you may consider...
Earnings Season is Set to Begin + Financial Market Update + 4.13.21
Earnings season will kick off this week, with a handful of the big banks reporting results for the 1st quarter. The narrative in the market in recent months has been that progress…
April Retirement Plan Newsletter 2021
This month’s retirement plan newsletter contains insights on investment policy statements, 401(k) plan tax credits, retirement plan committee activities, and more…
4 Ways Mobile Apps are Changing Personal Finances
Financial apps today can help you invest, create budgets, and transfer money. Here’s how mobile apps are transforming personal finances…
8 Ways to Optimize your Business Plan’s Financial Projections
Your financial projections are key elements of your company’s business plan. How can you make them the best they can be?..
20 Risk Management Terms Explained
A risk management plan enables you to strategize tactics to help avoid potential threats. This blog will take a deep dive into the most common terms used during the risk management process…
What is a Comprehensive Risk Assessment? Does My Company Need One?
Risk management helps companies prepare for unanticipated future occurrences. To start managing your risk, you will need to conduct a comprehensive risk assessment…
SIGN UP FOR OUR NEWSLETTERS!
We tap into the vast knowledge and experience within our organization to provide you with monthly content on topics and ideas that drive and challenge your company every day.
About Us | Our Team | Events | Careers | Locations