LUTZ BLOG
Accounting, consulting, financial, technology, merger and acquisition, and staffing blogs, tips, and news.
Tax Best Practices for Independent Medical Groups
Physicians can use strategies to reduce tax burden and ensure practice growth. A few tax best practices for independent medical groups…
Financial Management and Governance Best Practices for Nonprofits
Effective governance and sound financial practices are key to ensuring strong nonprofit management. For any nonprofit leader, this is…
The difference between bookkeepers & CPAs: which does your business need?
Do you need a bookkeeper, a CPA, or both? Does it make sense to hire a full-time professional or should you explore outsourcing…
Lutz Named a 2023 Best Tax and Accounting Firm by Forbes
Forbes has named Lutz a 2023 Best Tax and Accounting Firm in America. The list identifies firms across the U.S. that are most recommended…
Lutz to Transition Hastings Location
Beginning May 1, 2023, Hastings team members will serve local customers under the leadership of former Lutz Shareholders…
Markets Are Forward Looking + Financial Market Update + 12.6.22
While economic growth is expected to finish 2022 off on solid footing, expectations for 2023 are not as rosy. Many investors and economists…
Quarter Three Middle Market M&A Report 2022
The total value of lower middle market deals announced in Q3 amounted to $81.3 billion – 0.8% above Q2-22. Similarly, total transaction…
11.30.22 | Nonprofit Tax Update + Form 990 | Webinar
Lutz experts, Hannah Goscha and Dan Sweeney will cover Form 990, as well as other hot topics currently seen in the Not-For-Profit industry…
3 Reasons the 60-40 Portfolio Isn’t Dead + Financial Market Update + 11.29.22
The classic 60-40 portfolio, which represents an asset allocation with 60% invested in stocks and 40% in bonds, is having one of its worst…
Lutz Tech adds Duren, Manley and Swiercek
Lutz recently added Devin Duren, Bill Manley and James Swiercek to its Tech division. Devin joins as a Service Desk Engineer. Bill joins…
Get to Know the Lutz Talent Team!
Get to know the Lutz Talent team! Learn more about our roles, what we like to do outside the office, and why we enjoy working for Lutz…
Tax Considerations for Trusts and Estates
Trusts and estates provide a way to manage property and finances while protecting the assets of the people involved. Tax considerations…
IRS Tax Inflation Adjustments for Tax Year 2023
On October 18, 2022, the IRS announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including tax rate…
2023 Expanded Eligibility + Individual Residential Energy Credits
The federal government offers two energy credits to help individuals offset residential energy costs. Both were modified by the…
November Retirement Plan Newsletter 2022
This month’s newsletter contains insights on auditor independence guidance for retirement plans, fiduciary documentation, and more…
Lutz adds Gullotta, Kehr, and Prine, Transitions Preston
Lutz recently added Anthony Gullotta, Michelle Kehr, and Kendall Prine to its Omaha office and has transitioned Lauren Preston to new role…
Lutz adds Felber, Helgerson, Molina and Spilinek
Lutz recently added Morgan Felber, Lauren Helgerson, Teresa Molina and Tonya Spilinek to its Omaha and Grand Island offices…
What the Positive CPI Report Means for Investors + Financial market Update + 11.15.22
The Consumer Price Index (CPI) data surprised the market, with the rate of price increases in October coming in lower than expected…
Jerad Knott Recipient of Volunteer Leadership Award
Lutz is proud to announce that Jerad Knott has been named a recipient of the Clara Barton Meritorious Volunteer Leadership Award…
11.9.22 | Preparing & Reviewing Medicare Cost Reports | Recording
In this webinar, Lutz experts discuss preparing interim cost reports, how to use the cost report for certain financial analyses and…
Lutz adds 13 Staff Accountants
Lutz recently added 13 staff accountants to its Omaha and Lincoln offices. Joining the tax, audit, and healthcare accounting…
Federal Student Loan Forgiveness Update
In August 2022, President Biden announced the forgiveness of up to $20,000 of federal student loan debt for individuals as well as the…
11.2.22 | Hot Topics + Strategies for Business Technology | Recording
In this webinar, Lutz experts discuss hot topics in the technology industry, including cybersecurity, managing your IT, and AI…
The FANMAGs Crash Back to Earth + Financial Market Update + 11.1.22
It has been a very tough start to the year for a handful of extremely popular large-growth companies. Collectively known as FANMAG…
Employee Retention Credit + Update, Complexities and Buyer Beware
The last major federal COVID-related tax credit program, the Employee Retention Credit (ERC), is still open and providing benefits…
How the Work Opportunity Tax Credit Can Help Your Business
Hiring employees is one of the biggest and most expensive undertakings for any business, regardless of size or industry. But if you hire…
6 Common Cybersecurity Hacking Methods & How They Work
Modern hackers use advanced skills to try and trick you. It’s important to be vigilant and understand the common tactics to avoid…
How to Find a Company Culture that Aligns with Your Values
Employees want to work for companies that have a defined culture and guiding principles that reflect their own personal values…
Important Tax Changes and Cost of Living Adjustments for 2023 + Financial Market Update + 10.25.22
This week’s Financial Market Update provides a summary of the major changes to tax provisions, schedules, and other adjustments…
Important Tax Changes and Cost of Living Adjustments for 2023
The IRS and other government agencies have made recent announcements regarding changes to many tax provisions, schedules, and other…
10.19.22 | QuickBooks Online Series: Accounts Receivable Module Tutorial | rECORDING
This webinar will focus on the QuickBooks Online Accounts Receivable Module. It will cover topics including recording invoices…
There Are Always Reasons Not to Invest + Financial Market Update + 10.18.22
Investors must remember that even during the strongest bull run in history, investor anxiety and bouts of volatility were relatively…
October Retirement Plan Newsletter 2022
This month’s newsletter contains insights on cybersecurity, recessions, cryptocurrency accounts, and more…
Rural Emergency Hospitals: What You Need to Know
Patients in these rural communities have had to travel numerous miles to access inpatient care. To combat future rural hospital closures…
Benefits & Tools for CAH Benchmarking
How do you measure your healthcare organization’s performance? By comparing your financial results against other critical access hospitals…
Physician Retiring Soon? What to know about common deferred compensation plans
Many practices have incentive plans to aid in physician retention. A common option for retiring physicians is a deferred compensation plan…
Cost Report Update 2022
On the Medicare cost report, the time/cost physicians spend in direct patient care activities must be offset on worksheet A-8-2 and…
Healthcare Student Loan Assistance Update
There are multiple programs available to rural providers to help alleviate student loan debt and/or provide student loan tax benefits…
Lutz Named 2022 Next Generation Workplace
Lutz has been named the 2022 Next Generation Workplace by the Lincoln Young Professionals Group. Each year they recognize…
Good News is Bad News + Financial Market Update + 10.11.22
So why did objectively ‘good’ news result in a clearly ‘bad’ outcome for stocks? The answer has to do with the labor market and inflation…
10.5.22 | Business Valuation Basics | Recording
In this webinar, Lutz experts will walk you through the benefits of a business valuation and how the process works…
Lutz Launches Outsourced HR Offering
Lutz recently announced a new service offering, Outsourced HR. Services include on-demand HR support, compliance management…
Lutz Tech adds Johnson, Nelson and Watke
Lutz recently added Zack Johnson, Jeremy Nelson and Kevin Watke to its Tech division. As Service Desk Technicians, they will be…
4 Steps to Remain Sales Tax Compliant
Sales tax is an often misunderstood and hard-to-navigate area of tax compliance. Here are four steps to remain sales tax compliant…
What If You Knew Tomorrow’s News Today? + Financial Market Update + 9.27.22
If you knew tomorrow’s news today and knew that higher than expected inflation and the 4.3% two-year was coming?…
9.21.22 | QuickBooks Online Series: Banking Module Tutorial | Recording
This webinar will focus on the QuickBooks Online Banking Module. It will cover topics including a general overview, connecting accounts…
Who Is Winning The Active vs. Passive Debate? + Financial Market Update + 9.20.22
For decades there has been a contentious debate around the use of active versus passive investment options. Historically, active managers…
9.19.22 | Overview of 179D & 45L + Inflation Reduction Act Tax Provisions | Recording
In this webinar, experts explain the 179D deductions and 45L credits in-depth to help organizations understand who is eligible and…
7 Steps to Improve Physician Retention
Physician retention can be an issue for healthcare organizations. Overall, it can be expensive to replace physicians, so it is essential…
5 Key Things to Look for in Your Next Role
Finding a job that aligns with your goals, skill set, and temperament can be a meaningful change. Here are five key things to consider…
September Retirement Plan Newsletter 2022
This month’s newsletter contains insights on designing benefits packages, financial stress in the workplace, and more…
Inflation Surprises to the Upside + Financial Market Update + 9.13.22
It does appear that inflation has already peaked on a year-over-year basis, and pockets of recent economic data have continued to show…
Frequently Asked Questions About Outsourcing Your Accounting
Here are some of the frequently asked questions small businesses often have about outsourcing their accounting…
Lutz adds Fosket, Nekola and VanOrnam
Lutz recently added Zach Fosket, Jimmy Nekola and Cassandra VanOrnam. Zach and Jimmy, Staff Accountants, and Cassandra, an Administrative…
Lutz Tech adds Jacob Collins and Jamie Taylor
Lutz recently added Jacob Collins and Jamie Taylor to its Tech division. As Project Technicians, they will be responsible for…
9.7.22 | Zoom Vs. Microsoft Teams | Recording
In this webinar, Lutz experts walk you through each platform’s features and benefits to help you understand which tool is best for you…
The Fed Speech That Sparked a Market Selloff + Financial Market Update + 8.30.22
The stock market ended the last week on a sour note due to a speech made by Federal Reserve Chairman Jerome Powell…
Quarter Two Middle Market M&A Report 2022
The Quarter Two Middle Market M&A Report for 2022 is in! Deal volume in the global mergers and acquisitions market has declined…
Lutz Named a 2022 Top 100 Firm by INSIDE Public Accounting
INSIDE Public Accounting (IPA) recently announced their annual financial performance analysis and ranking of the nation’s largest public…
Blockchain, Distributed Ledgers & Cryptocurrencies Explained
For businesses and individuals interacting with or looking to interact with the blockchain, distributed ledgers, or cryptocurrency…
Earnings Multiples for Small Business Valuation
If you own a company, you have heard several different ways to calculate its value. Some more common rule of thumb approaches…
Understanding 179D Deductions and 45L Credits
The 179D Deduction and 45L Credit are tax incentives created to support organizations in the construction and nonprofit industries…
3 Reasons to Own International Stocks | Financial Market Update | 8.23.22
Diversifying internationally has been a challenge this year as the U.S. market continues to outperform. While investor sentiment has…
Lutz Financial Announces Admission of New Owners
Lutz Financial, an SEC Registered Investment Advisor and an affiliate of Lutz, recently announced its admission of four additional owners….
The Importance of MGMA© Financial Statements
MGMA© Formatted Financial Statements allows a medical practice to track income and expenses by provider, compare to industry benchmarks…
August Retirement Plan Newsletter 2022
This month’s newsletter contains insights on helping employees pay down student debt, revenue sharing decisions, and more…
Inflation Reduction Act of 2022
The Inflation Reduction Act of 2022, signed into law on August 16th, has created many new tax provisions that may affect your organization…
Lutz Evolves Client Advisory Services Offering
Lutz is excited to announce the growth of its Client Advisory Services (CAS) offering. This service will extend many of the same benefits…
8.10.22 | Hot Topics for Small to Mid-Sized Businesses | Recording
Lutz experts from multiple divisions will cover hot topics for business owners from accounting and finance to technology and staffing…
Value Stocks Stage a Comeback + Financial Market Update + 8.9.22
Value investors have endured an extended stretch of relative underperformance. More recently, however, value has been making a comeback…
Lutz adds Elise Free and Raechel Germain
Lutz recently added Elise Free and Raechel Germain to its Omaha office. Elise, a Staff Accountant, and Raechel, a Talent Administrative…
Spending Wisely: Youth Sports vs. College Savings
From a pure financial standpoint, re-routing a portion of the investment in youth sports to saving for college will prove significant…
Lutz adds Robyn Davis and Tom Hodgson
Lutz recently added Robyn Davis and Tom Hodgson to its Omaha office. Robyn, a Client Resource Assistant, and Tom, an Investment…
Are Rising Yields Bad for the Bond Market? + Financial Market Update + 8.2.22
It has been a challenging year for investors thus far and it’s not all due to the stock market. The bond market, for example, got off to…
Deyna Rouse Pursues Opportunity to Instruct in Post-Secondary Education
Lutz announces Deyna Rouse’s decision to pursue an instructor opportunity with Creighton University. Rouse has been with Lutz since 2001…
12.13.22 | Year-End Tax Update | Webinar
In this presentation, Lutz experts will cover current tax law updates, as well as general year-end planning ideas…
What Does the Rough Start to the Year Mean for Investors? + Financial market Update + 7.26.22
The first half of 2022 was unpleasant for investors to say the least, with the S&P 500 down a painful 19.96%. In fact, over the last…
5 Excel Functions You Probably Didn’t Know About
Excel is an excellent tool for data analysis and manipulation. Here are the top five Excel functions you probably didn’t know about…
Unlocking Your Data + Starting with KPIs
KPIs (key performance indicators) are an essential tool for business leaders and organizations trying to unlock their data and start…
Tax Implications of Name, Image and Likeness (NIL) Deals
There are all types of considerations from a tax perspective for Name, Image and Likeness (NIL) deals. Most likely, the athlete will be…
Lutz Tech adds Clifford and Johnson
Lutz recently added Bridget Clifford and McClain Johnson to its Tech division in the Omaha office. Bridget, a Data Analyst, and McClain…
Understanding Your Strengths as a Road Map to a Fulfilling Career
Do you understand your strengths as it relates to your career? Are you able to leverage them to further your goals? Most people’s…
7 Accounts Payable Best Practices for Small Businesses
There are several accounts payable best practices your business can implement, such as automation, that can improve your processes…
Third-Party Risks and How to Manage Them
Working with third parties can pose risks to your business. This blog helps you understand how to minimize and manage third-party risks…
Lutz Announces 2022 Director Promotions
Lutz recently announced its director promotions for 2022. Congratulations to Merrick Aurora, Jaime Briganti, Tony DeSantis, Lauren…
Lutz Announces 2022 Associate through Manager Promotions
Lutz recently announced multiple promotions to manager, senior, and associate roles. Congratulations to Jack Boulay, Tom Docter, Jordan…
7.20.22 | Office 365 Spotlight: Forms | Recording
In this webinar, Lutz experts will help you understand the Microsoft Forms platform and how to best utilize its features…
Are We Already in a Recession? + Financial Market Update + 7.19.22
What exactly is a recession? Is it likely that we are already in one? And what are the implications for investors if we are?..
July Retirement Plan Newsletter 2022
This month’s newsletter contains insights on safe harbor options, benefits of partnering with a Retirement Plan Advisor, and more…
GASB 96 + Subscription-Based Information Technology Arrangements
Governmental entities are required to implement GASB 96 for fiscal years beginning after June 15, 2022. Subscription-Based Information…
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