Shallcross Financial Planning Testimonial by Bob Carmody

Last year, I had the pleasure of inviting Darrin Shallcross of Shallcross Financial Planning to a charity event that I regularly sponsor. While I knew Darrin personally from the CFBC, I really did not understand the full service that he … Read more here …

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President’s Message – May 7th, 2015

Succession planning. This week, we had a magnificent Family Business Day. We learned from five 100 year old companies that are still going strong. What a wonderful opportunity that was presented to us all! Thank you to our very effective … Read more here …

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Don’t Wait to Plan Your Retirement

Brought to you by Darrin J Shallcross In conjunction with Lincoln Financial Advisors, a registered investment advisor. Most of us find it easier to earn and spend money than to save it. Planning and saving for retirement too often takes … Read more here …

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The Clock Is Ticking! It’s Time to Prepare for PPACA Reporting Requirements!

The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do … Read more here …

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President’s Message – April 7th, 2015

This is a bit of a divergence for me and this space, but I’m compelled to share this. We are blessed to have within our ranks many people that volunteer their time and experience to our working committees, the success … Read more here …

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President’s Message – March 3rd, 2015

Do you agree with the following statement? “You don’t know what you don’t know – and that can bite you very hard.” Worse is when you think you know and you’re wrong. Have you ever been in that situation? I’ve … Read more here …

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To Capitalize or Expense…That is the Question

Businesses buy supplies, materials and equipment constantly.  Repairs and maintenance on existing assets also recur frequently.  How does your accounting department handle these outlays? The Internal Revenue Service (IRS) finalized regulations in September 2013 regarding whether expenditures were considered immediate … Read more here …

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Cray Kaiser Testimonial by Ken Pavett

It was the summer of 2010. Flexografix was still recovering after the losses we experienced during the 4th quarter of 2008, which extended to the company’s poor financial performance in 2009 and into 2010. When I first joined the CFBC, Judy … Read more here …

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President’s Message – February 3rd, 2015

At CFBC, we’re all about shared experiences, right?  This month I’m sharing one of my personal experiences, the prayers that I keep with me all the time. I wish that I knew who wrote it first, but I don’t know … Read more here …

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Understanding the Impact of the Cash Conversion Cycle

Optimizing the Cash Conversion Cycle (CCC) affects your companies bottom-line, your cash flow and influences the amount of external funds needed to run your business. While many concentrate solely on revenues and expenses to manage cash flow, it’s usually not … Read more here …

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