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GRBJ Highlight: Cash Flow is King

This January, our own Rob Westdorp partnered with the Grand Rapids Business Journal to discuss cash flow, and why you should prioritize the importance of cash! “As business owners and managers guiding the finances of an organization, or individuals dealing with the household budget, it doesn’t take long to understand the old saying “cash...

is king.” We need cash to pay rent, the mortgage, meet payroll or pay bills. In business it is easy to become enamored with revenue growth and profitability. While both are admirable pursuits, they do not guarantee the long-term success of an organization. Financial statement profitability is a function of accounting standards, rules and theories. An... [read more]

GRBJ: Tips for Year-End Tax Planning

Most of us are familiar with the end of the year to-do lists that don’t seem to end. Thankfully Sara Knoper is here to save the day with some ideas to consider that might put a little extra cash in our pockets for those gifts under the tree. “There is a lot of planning...

that goes into the last few months of the year. Planning trips to see family, planning holiday events, planning shopping trips (or nights on Amazon) to get the gifts the kids have been asking for, etc. The to-do list can be long and the last thing anyone really wants to think about right now is tax... [read more]

GRBJ Blog: Should You Form An Advisory Board?

Attention Business Owners! Ryan Holtz has the perfect suggestion to refresh your business and generate new ideas from different perspectives.   “As a business owner, you may feel that you are not large enough to put together a formal board of directors that can provide assistance in running your business. If that is the...

case, an advisory board may fill that void. Most owners have done a nice job of building a trusted internal team that runs the day-to-day operations, but that team may not have the time to fly at 30,000 feet and address strategic planning opportunities or other issues that may impact the business.”     …  ... [read more]

GRBJ Highlight: Running wild isn’t always as fun as it sounds

This month just may be the month of Andy Jipping. Among other things, Andy has written a blog for the Grand Rapids Business Journal with some great ideas that can help your company get back on track, and steer clear from “running wild.” “As a parent of a toddler,   I find myself reminding my son...

to watch where he is going. His eyes are pointed in every direction that isn’t forward — you know, the direction he’s running at full speed. My wife and I have probably apologized to you in Meijer after he darted out from an aisle into your cart. Yup, we’re those parents. But he’s three. We wouldn’t expect a... [read more]

495GR

We are proud to have a value based culture that allows us to really connect with our clients and truly give exceptional service. 495GR is all about sharing the stories of local businesses in the West Michigan area. We are thrilled to be a part of such a great community!

GRBJ HIGHLIGHT: Estimated Tax Payments-A Necessary Evil Part 2

Last month, Steve Struck put together a well written article covering the what, who and how of tax payments. If you enjoyed that, which we are sure you did; without further ado, we introduce to you “Tax Payments- A Necessary Evil Pt. 2.” “Last month, we introduced the “evil” concept of estimated tax payments —...

what they are and who is required to make them. To review, if you don’t have enough tax paid in through your payroll withholdings, then it’s likely you will be required to make estimated tax payments. Assuming this applies to you, the question becomes — how do I calculate my estimates and how much is “too... [read more]

GRBJ Highlight: Retirement plan options for small employers

As you may know, Baker Holtz contributes to the Grand Rapids Business Journal every month. Sara Knoper went above and beyond for the month of July to put together a great article that could help employees working at a small business plan for retirement. “One of the most common benefits offered is the ability...

for employees to participate in a qualified retirement savings plan with some sort of employer contribution. Not only are qualified plans a great perk to offer employees…, but they can often provide the business with a significant tax deduction and the owners with the opportunity to stash away some cash for retirement…” To read more of... [read more]

2017 “Best and Brightest” includes Baker Holtz CPAs and Advisors!

In their words, “The Best and Brightest Companies to Work For® competition identifies and honors organizations that display a commitment to excellence in their human resource practices and employee enrichment. Organizations are assessed based on categories such as communication, work-life balance, employee education, diversity, recognition, retention and more… Best and brightest strives to recognize...

the most influential, trend-setting companies across the country and regionally in focused programs.” We are so honored to be chosen once again as one of West Michigan’s Best and Brightest Companies to Work For!  Thank you for continuing to believe in us!   Want more information on the “West Michigan’s Best and Brightest” awards?  Click here.

Meet our 2017 Interns – Jaylynne Cryderman

It’s important to teach interns how to run with the pack, and that starts with making them feel welcome! Meet Jaylynne Cryderman: Jaylynne is the third of our 2017 interns here at Baker Holtz, and we’re delighted to introduce you: “I’m a junior at Grand Valley State University majoring in Accounting, and a fun...

fact about me is that I am a huge dog lover.  If I could have a farm full of dogs, I would! (Maybe I will someday.)”

Meet our 2017 Interns – Tyler Thomas

Teamwork makes the dream work, and since interns are a big part of the team, we’d like to introduce ours! Meet Tyler Thomas: Tyler is a senior at Davenport University.  He is currently finishing a Bachelors in Accounting while joining Baker Holtz during our 2017 tax season.  A big sports fan, Tyler especially likes...

hockey.  He has been skating since he was two years old.

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