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News Archive
Our news covers topics relevant to the industries we serve.
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 Savant’s Economic Indicators
by Kevin Kirsch
There’s optimism on the farm. The U.S. Department of Agriculture forecasts that farm income this year will be 50 percent greater than the average of the last 10 years. More
 Success Linked to Revenue Cycle in Physician Gold
Standard Study
The health care industry will face significant changes in the future, and a medical practice’s success is becoming increasingly linked to its revenue cycle. LarsonAllen and Gateway EDI conducted an extensive study on the performance of medical billing practices and found nine important operational areas that the gold standard performers had in common. More
Partnership, Estate, and Trust Extension Window Reduced to Relieve Individuals
In an attempt to allow individual taxpayers more time to file their personal returns, the IRS cut the extension period for partnership, estate, and trust tax returns from six to five months. More
 The Real Consequences of Bubbles
by Paul Pfeiffer
I’d heard about bubbles for years. The tech bubble, the housing bubble, the enrollment bubble at the elementary school—at some point the term “bubble” fails to convey much meaning. More
LarsonAllen Promotes Excellence Through Career Advancement
Gordy Viere, chief executive officer of LarsonAllen, is pleased to announce 130 promotions in 2008, representing eight industry specialties and six service groups. Enter our newsroom to view the releases.
 The Greenspan Put
by Tony Hallada
For the past two decades investors, business owners, and consumers have become somewhat complacent about recessions and market declines. Much of this attitude is due to Alan Greenspan, former head of the Federal Reserve Bank, and his infamous “put.” More
Study Illustrates the Challenges Facing Florida's Aging Services
Florida faces a crisis in meeting the demand for aging services over the next 22 years as the population aged 85 and older is forecast to grow by 126 percent. More
Schreiner, Legge & Company Joins LarsonAllen
Schreiner, Legge & Company (SLCO) serves credit unions, nonprofits, construction, and employee benefits, providing commercial, estate, and individual tax services. "This combination enhances our ability to serve clients, states David Legge, managing partner of SLCO." More
 Going Deep; Thinking Small
by Mary Turck
It’s obvious that economic growth is good. It seems apparent that more sophisticated technology means greater efficiency. On the surface, bigger is better. But what if these common sense observations are not quite accurate anymore? More
 Keeping the Vacation Home in the Family
by Nick Houle
The family cabin often serves as a symbol of a family's history and values. It can be a source of family harmony and hold many fond memories, or it may be a source of sadness. More
Reminder: Increased Mileage Rates Effective July 1, 2008
In reaction to the strain from rising gas prices, the IRS increased the optional standard mileage rate eight cents for business miles driven for the remainder of 2008. They adjusted the rate to calculate deductible medical or moving expenses by the same amount.
Reporting systems need to be updated quickly. More
Managing During Turbulent Economic Times
by Jeff Kvilhaug
Based on the recent musings of our economic pundits, our economy seems destined for some unsettled times. So how do you survive these interesting times? If you are one of the fortunate few who are prospering, keep focused and continue your current course. More
Schedule for Economic Stimulus Payments
On April 28, the IRS began issuing tax rebates as part of the Economic Stimulus Act of 2008. More than 130 million Americans will receive the one-time payment designed to stimulate the U.S. economy. More
 Nursing Facility Myths
by Bernadette O'Toole and Rebecca Schmitt
Baby Boomers have a reputation for indulging in luxuries and their sheer numbers are enough to make their personal preferences matter. More
 Legacy of Change
by LeeAnn Jasperse
Though some see
Boomers as that massive generation that is going to stress our Social Security
system, I see them as people who will continue to lead our culture in the
exploration of new ideas—individuals who will leave a legacy of social
change in our country and in their families. More
 Savant Reflects on Retirement
by Kevin Kirsch
On her 120th birthday, Jeanne Calment was asked what kind of future she expected to have. She responded, “A very short one.” More
Consistently Voted a Great Place to Work
LarsonAllen is a 2008 Best Place to Work, as named by the St. Louis Business Journal. Also recently recognized in Philadelphia and Charlotte, we create a work environment that attracts and retains people in all of our offices. Guided by client needs, we deliver more than a service—we deliver a noticeably different experience. More
 Gardener and Harvester
by Matt Fugate
A dollar bill—from a man wearing railroad coveralls without irony—just seemed to buy more. More
 Hybrid Retirement
by Jay Sjostrom
During the past seven years experts have repeatedly reminded us of the
imminent loss of experience, knowledge, and skill in organizations as the
78 million Baby Boomers begin leaving the U.S. labor market. The numbers
are so large that the situation almost seems unreal.
More
 Many Flavors of Retirement
by Mary Turck
“When the Baby Boomers were growing up, there were three flavors of ice cream; now there are 1,000," Drew Leder, a professor at Loyola College in Maryland who has written extensively on the spirituality of aging, told the New York Times. "Similarly, there are going to be 1,000 different flavors of retirement.” More
One-Year Window for Business Incentives: Economic Stimulus Act
Your business could benefit from two depreciation incentives enacted as part of the Economic Stimulus Act of 2008. Given the short-term opportunity for savings, consider whether it makes sense to accelerate your investment in fixed assets in 2008. More
 The Emotional 401(k) Plan
by Paul Pfeiffer
The results of your work combined with all of your memories—both good and bad—are an emotional 401(k). But they aren’t as portable as the cash. Your withdrawals depend on you being there. More
 Red Zone or Golden Years?
by Jean Wolfe
I recall when retirement was viewed as the “golden years,”
not this scary red zone. So why does this time frame appear so scary to many of us? More
 Lessons From the Sunshine State
by Leyla Kokmen
High costs, poor planning, and hurricanes are starting to dampen Florida’s position as king of retirement destinations. Here’s what other communities need to know in order to plan for the coming boom in retirees. More
Tax Rebates for Individuals: Economic Stimulus Act
Beginning in May, the IRS is planning to issue rebate checks (or direct deposit) to approximately 130 million Americans as part of the Economic Stimulus Act of 2008. If eligible, all you have to do to receive the rebate is file your 2007 tax return. More
 International Business Will Affect You
by Larry Chastang
International networks are not just a phone list of references. More
LarsonAllen Wins National Hacker Competition
Led by Jerry Odegaard, Brian Johnson, and Randy Romes, LarsonAllen’s team won this year’s hacker challenge at the National Association of Federal Credit Union’s Technology and Security Conference. LasVegasNow reported on LarsonAllen's success and the ease with which they hacked into the simulated networks. Although it was a game, it vividly demonstrated the crucial importance of securing information systems.
Succession Planning Essential Whether Planning to Sell or Not
Succession planning leads to a sustainable, profitable company, short- and long-term, explain LarsonAllen’s Erik Skie and Brent Terhaar in the article “Success By Design,” published in the January/February 2008 issue of Precision Manufacturing. More
 What’s on the Horizon?
by John Kightlinger
The future is very hard to predict, particularly when market participants are unaware of what they’re buying. More
 Regional Differences Influence Health Care Usage
by Nancy Rehkamp and Aaron Moerke
Accurately estimating the demand for hospital care is critical. More
 Downstream Liability
by Mark Eich
The idea was that others are affected by a security breach in your network. More
Selling Your Business Soon? You’re Not the Only One
by Eric Baltes
During the next 16 years, the entire Baby Boomer Generation—about one-fourth of the U.S. population—will turn 60 and begin retiring. Some private business owners will be faced with a particularly startling notion: it may be time to sell. More
A Chip in the Old Block
by Matt Fugate
When I fumble with my cell phone, I sometimes joke, “This will be a lot easier when I get the chip in my head.” More
 LarsonAllen Broadens Health Care Presence in New England
Boston-based Landa & Altsher, P.C. and its affiliate Healthcare Education, LLP joined LarsonAllen on January 1, 2008. This combination of talent creates one of the nation’s largest aging-services and health care practices with more than 220 professionals dedicated to serving the field. More
LarsonAllen Strengthens Commitment to Central Minnesota
Ness Waller Pearson & Co., LTD of Alexandria, Minnesota joined LarsonAllen on January 1, 2008. The expansion adds 18 people to the team of more than 130 professionals currently serving Central Minnesota. More
 Effective Job Costing
by Mike Prigge
The real test for success in a job cost system is if people use the reports generated by the system. More
Business Plans—What’s the Big Idea?
by Jeff Sellner
Today, a significant amount of capital held by individual
and corporate investors, venture capital firms, and private
equity groups is waiting on the sidelines to finance companies
with creative ideas. More
 Intriguing Ideas of 2007
by Meleah Maynard
What’s a good idea? Well, that depends on whom you ask. So we asked a lot of people from a wide range of industries to tell us about the really important ideas of this year. More
Savant’s Big Ideas of 2007
by Kevin Kirsch
Powerful solar storms can trigger magnetic shock waves that result in power failures on Earth. Two newly launched $540-million NASA satellites will capture 3-D images that identify earthbound solar storms days before they reach us. More
Overdue
by Paul Pfeiffer
After 14 years of not having a real solid idea of what we were doing and where we were going from one day to the next, my wife and I finally bought an erasable calendar. More
Year-End Tax Planning Tips
Due to uncertainty over the pending “extender” legislation, this year may prove to be more challenging than usual. We expect Congress to provide another one-year patch to assure that moderate incomes are not entrapped by the Alternative Minimum Tax (AMT) in 2007. There are also a number of important tax breaks expiring at year-end. More
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