Whenever a small business changes hands, the purchase price rarely comes down to just the value of its tangible assets. Equipment, inventory and accounts receivable all have objective values, but there’s almost always a gap between those figures and...... More »
Jeff Firestone has extensive experience serving as an expert witness in fraud and forensic engagements, business disputes, economic damage analyses and calculations, and other litigation support services. He also has experience with fraud deterrence, business valuations, bankruptcy and insolvency...... More »
Tom English has been a CPA for more than 40 years, serving individuals and closely held businesses. He works diligently with his clients in tax planning, mergers and acquisitions, tax compliance, audit representation, pension plans and general management. Tom’s...... More »
Larry Yunaska specializes in accounting, tax and management advisory services for closely held businesses. Prior to joining McManamon & Co. in 2024, he was the managing partner for Baumgarten & Company LLP, a Cleveland accounting firm, for 46 years....... More »
Useful Links Internal Revenue Service Ohio.gov Small Business Administration American Management Association Society for Human Resources Management Ohio Department of Taxation Social Security Administration The Wall Street Journal Yahoo Finance... More »
A nonprofit organization’s 501(c)(3) status is about as important as it gets. This designation allows donors to give with confidence, grants to flow and the organization’s mission to move forward without the drag of income tax. While it’s pretty...... More »
Superior service is central to a successful professional practice, but management by strategic planning, goal-setting and task completion is what moves a firm forward. If you have a professional services company, let McManamon & Co. focus on your finances...... More »
Cloud computing has changed how businesses of all sizes perform many tasks, and that includes managing their books. Cloud accounting software provides real-time access to financial data, automatic updates, easier collaboration with your accountant and less reliance on on-premises...... More »
Nonprofit board members might think of Form 990 as just an administrative task; something the finance team or an outside accountant handles once a year and files away. That’s a mistake. Unlike a corporation’s tax return, which is private...... More »
To achieve your nonprofit’s mission, you must secure funding and demonstrate valuable program outcomes to stakeholders, while improving operating efficiencies and ensuring compliance with financial and regulatory requirements. McManamon & Co. understands these demands, and we’ve developed a custom...... More »