Michael Scott @MichaelScottHC
Entrepreneur, Broadway Co-Producer, CPA, partner in businesses. Encouraging, mentoring & coaching others to be more than they ever dreamed they could be.... cricpa.com Panama City, Fl., USA Joined May 2009-
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A recent court decision has significant implications for micro‑captive insurance arrangements, limiting the IRS’s authority to designate certain transactions as “listed.” This development may reshape compliance considerations and risk… cvsoci.al/R1q7Aadp?cv=17…
Special Purpose Acquisition Companies (SPACs) are becoming an increasingly common path to public markets. Learn what's driving the resurgence and why some companies are now considering the path. #SPAC #PublicMarket cvsoci.al/StjxONu6?cv=17…
Tax-exempt associations navigating the political world: Listen to the recent episode of the "It Figures" podcast to learn about the legal complexities and consequences that come with participating in political campaigns. #PoliticalCampaigns… cvsoci.al/-IJG7dej?cv=17…
Tax code changes under the OBBBA may create new considerations for nonprofit compensation policies. The excise tax on executive compensation has been expanded beyond the five highest-compensated employees and may now apply to any covered… cvsoci.al/THJ1y9Id?cv=17…
The construction industry is facing a significant leadership transition as seasoned owners approach retirement, making proactive succession and ownership planning essential for long-term stability. This It Figures podcast episode shares… cvsoci.al/ObCUEFn6?cv=17…
Summer often brings vacations, weddings, camps, business travel, and other seasonal activities, but some of these moments may also come with tax considerations. Certain expenses and life events can affect your filing situation or create… cvsoci.al/h9WZDDDs?cv=17…
ACH fraud is a growing concern for churches, nonprofits, and educational institutions. A clear, well-designed ACH approval policy can help protect your organization, strengthen internal controls, and reduce the risk of unauthorized… cvsoci.al/3Fxn8Xc3?cv=17…
Clean energy incentives introduced in recent years have been rolled back with changes brought on by the OBBBA. Narrowing eligibility and shortening credit lifespans, the OBBBA also shifted energy incentives away from renewable energy toward… cvsoci.al/Urp3xiBn?cv=17…
Including a minister's housing allowance when calculating retirement plan contributions can have unintended consequences. Learn the potential issues this poses, and how you can avoid and correct errors. #MinistersHousingAllowance #Tax cvsoci.al/6xWM8954?cv=17…
Clean energy incentives introduced in recent years have been rolled back with changes brought on by the OBBBA. Narrowing eligibility and shortening credit lifespans, the OBBBA also shifted energy incentives away from renewable energy toward… cvsoci.al/Urp3xiBn?cv=17…
The construction industry is facing a significant leadership transition as seasoned owners approach retirement, making proactive succession and ownership planning essential for long-term stability. This It Figures podcast episode shares… cvsoci.al/ObCUEFn6?cv=17…
Contributions to Trump Accounts may come with important gift tax considerations. Because these contributions are currently treated as gifts of future interests, they do not qualify for the annual gift tax exclusion and may trigger additional… cvsoci.al/BFFg9acc?cv=17…
Recent developments may allow some businesses to recover tariff costs previously thought to be unrecoverable. However, determining eligibility and gathering the necessary documentation can be more complex than it appears. Learn who may… cvsoci.al/uutA0S1I?cv=17…
The OBBBA has introduced new provisions impacting student borrowing and cash flow at higher education institutions, including loan proration, the elimination and reduced availability of certain loans, aggregate loan limits, and more. Learn… cvsoci.al/tqBpvvum?cv=17…
Revenue growth alone does not always lead to stronger profitability. For many businesses, labor efficiency has become one of the clearest indicators of whether growth is building profit or eroding it. Join CRI Simple Numbers professionals… cvsoci.al/QH-fgit6?cv=17…
For taxpayers, Section 163(j) has widely shrunk interest deductions in recent years, but the OBBBA may change that. There is a mixed bag of changes, some effective in 2025, and some going into effect in 2026, from permanently restoring… cvsoci.al/RwVkKKyF?cv=17…
Government entities face a growing range of IT risks, from evolving cyber threats to the complex rules surrounding technology use and data protection. In this episode of It Figures, Ray Roberts and David Mills discuss IT audits in a… cvsoci.al/NcYP3TGH?cv=17…
Starting a business means making decisions that can shape taxes, cash flow, compliance, and long-term growth. CRI’s revised Startup Business Guide offers practical insights to help business owners navigate entity selection, financial… cvsoci.al/gtkKquaU?cv=17…
Monitoring financial health year-round is essential for churches amid market volatility and economic uncertainty. This article in CapinCrouse's financial ratios series explores how monitoring income ratios can help churches understand future… cvsoci.al/IyJdnwMT?cv=17…
A new federal tax provision may create planning opportunities for qualified lenders serving rural and agricultural markets. The 25% interest exclusion applies to certain loans secured by rural or agricultural real property, but eligibility… cvsoci.al/jfKA~nBS?cv=17…
Jimmy Patronis @JimmyPatronis
82K Followers 8K Following Congressman from Florida’s 1st District. Husband & Father of 2 Boys. NW Florida born & raised. & yes, FL has a Central Time Zone.
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