By Ric Opal “With COVID-19, we have gone through two years’ worth of digital transformation in two months” — Satya Nadella, CEO of Microsoft At the height of COVID-19, nonprofit organizations were forced to postpone or cancel events, transition their staff to work remotely, limit programs and contend with deferred planned investments. And, according to BDO’s…
According to BDO’s 2021 Life Sciences CFO Outlook Survey, life sciences organizations are doubling down on research and development (R&D), with 69% of life sciences CFOs planning to increase investment in R&D in 2021. At the same time, business and investment decisions are steeped in more risk than ever before, changing the way companies approach R&D…
After a day of fraught debate, the American Rescue Plan Act (ARPA) was passed by the Senate on Saturday, March 6. The $1.9 trillion relief bill now returns to the House for the body to approve the changes made in the Senate; it is expected to pass quickly and then be sent on to President…
BGBC Partners, LLP is pleased to announce Senior Manager, Cynthia McCullough, has been named Intern Supervisor of the Year. This Award is part of the Annual Indiana INTERNet IMPACT Awards. The 15th Annual IMPACT Awards Program is a celebration of internship excellence. Indiana INTERNnet honors nominees and winners in the categories of Intern of the…
BGBC Partners, LLP was recently named as one of the Best Places to Work in Indiana. This 16th annual program was created by the Indiana Chamber of Commerce and Best Companies Group. This statewide survey and awards program is designed to identify, recognize and honor the participating employers in Indiana with the leading workplace cultures.…
Commercial real estate was already facing disruption prior to the COVID-19 pandemic, and the pressure to evolve and modernize has increased even more. Improved digital tools, new ways of working and innovative business models have pushed the criteria for real estate decisions far beyond just the lowest cost per square foot. The corporate real estate…
The Indianapolis-based CPA and advisory firm BGBC Partners, LLP is pleased to announce the addition of Madhuri Patel and Stephanie Beeker. Madhuri Patel joins BGBC as a Tax Supervisor. She brings 16 years of experience to firm. Madhuri specializes in expatriate and foreign national tax compliance and advisory work. Stephanie Beeker joins BGBC as a…
As if 2020 wasn’t challenging enough, this season’s tax-filing is going to be even more complicated than usual. Though the CARES Act and the Paycheck Protection Program were put into place to help small businesses, the old adage about “no such thing as a free lunch” is proving true once again as business owners sit…
Housing is a big expense for everyone. The choice generally involves either renting or purchasing – and financing that purchase with a home loan. As of November 2020, the nationwide average for a 30-year fixed-rate mortgage was just under 3%, the lowest it has been in the last 50 years or even longer. Many individuals…
As a business owner, you faced many challenges during 2020, some of which likely pertained to questions surrounding the Paycheck Protection Program (PPP). One area you may now be clarifying as you prepare to close the year is whether you appropriately accounted for your PPP loan and its forgiveness. To answer this question, the AICPA…