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Business Valuation: How to Choose

Often the best way to find someone who can provide business valuation services for your company is word of mouth — recommendations from colleagues you trust. Or perhaps a firm that has already satisfactorily provided other services to you also is qualified to provide...

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Wisconsin Pass-Through Entity Tax

Written By: Scott Syrjala, Tax Principal    Overview 2017 Wisconsin Act 368 (“Act 368”) was signed by Governor Scott Walker on December 14, 2018. Included in Act 368 is a new election which permits S-Corporations, partnerships and LLCs (pass-through entities) to elect...

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Sweating Over a Company Audit?

There is no need to stress when you have Vrakas on your side! Our goal is to form a relationship with your team and develop an understanding of your business operations and strategies. This allows us to make proactive recommendations and assist you in addressing...

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Padding Your Tax Deductions? The Consequences Are Serious

"In this world, nothing can be said to be certain, except death and taxes" is a quote often attributed to Benjamin Franklin. With that in mind, it's best to be prepared, at least financially, for taxes and tax season each year. The Risks When it comes to deductions,...

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Do You Know the Key Metrics for Your Dealership to Succeed?

It's 2019, competition is at an all time high. Why? Because of the digital world ... E-commerce, social media marketing, Superbowl commercial advertising, and the list goes on! In this day and age, it is extremely important for dealerships to define their vision and...

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The 4 QuickBooks Reports Small Business Owners Need

In 2017, Vrakas gained a Small Business Accounting Department! Our SBA department works with both QuickBooks desktop & QuickBooks online and can answer any of your questions. QuickBooks offers business users a variety of reports. Knowing which to use and how to...

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What to Know About Pensions and Taxes

The amount of taxes you should withhold from your pension is dependent on your tax rate and your household sources of income and deductions. Basically, you add up all your sources of income and subtract your deductions to get your taxable income. Your taxable income...

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Why Retail Loves the Pop-Up Store

Last summer, a quirky oddity emerged when tiny 500-square-foot stores starting popping up for just a couple of weeks and then vanishing. Now, this trend is sweeping across the nation from industries as random as canine toy-testing stores to high-end designer shoe...

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