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Accounting for Customer Obligations in an Acquisition

Situation: A client pursuing an acquisition needed to understand the target company’s financial obligations before agreeing to the final transaction terms. Solution: During a quality of earnings analysis, our team identified $12 million in customer deposits that needed to remain in the business to cover future service obligations. Impact: The finding saved the client $12 […]

Making Monthly Bank Reporting More Manageable

Situation: A newly opened restaurant needed to provide its bank with a consistent monthly financial reporting package while managing the demands of a new business. Solution: Our team developed a comprehensive reporting package tailored to the bank’s requirements. Impact: The client spent less time preparing monthly bank reports and could devote more attention to restaurant […]

Turning Student Hiring Into Available Tax Savings

Situation: A fast-food restaurant chain employed numerous part-time students and had an opportunity to benefit from New York’s youth employment incentives. Solution: Tronconi Segarra & Associates partnered with the restaurant to gather and report the information required to claim New York Youth Jobs Program tax credits. Impact: The restaurant received more than $100,000 in annual […]