Armanino LLP

AI & Healthcare: Where Innovation Meets Practicality ⚕️ Join us for the latest episode in our AI Got This webinar series, where the topic at hand is AI and its evolving role in the healthcare industry. Carmel Wynkoop is joined by Eric Shuss and John Bozin as they explore practical applications of AI in the healthcare space. 🎬 Catch the full episode here: https://ow.ly/jiGX50SuJlg #AI #HealthTech #HealthcareInnovation #PatientCare

💲Maximizing Take-Home Value: Evaluating the Impact of Tax and Structure in Business Deals💲 In the fourth episode of our “Exit Planning for Business Owners” video series, Bryan Graiff teams up with John Huhn from Compass Group Equity Partners to highlight how to maximize the take-home value of a business sale by evaluating the impact of tax and deal structure. Check out our video expert insights into: ✔️ Tax Implications: Understanding the differences between asset and stock deals and how they affect your net proceeds. ✔️ Deal Structure: Evaluating rollover equity, escrow, and rep and warranty insurance to determine the best deal structure for your needs. ✔️ Beyond the Highest Bid: Considering factors beyond the highest offer, such as the buyer's resources and expertise, to ensure a successful partnership. Join us as we delve into these critical aspects of deal-making to help you maximize the value you take home from your business sale. #PrivateEquity #BusinessOwners #TaxStrategy #MergersAndAcquisitions

⚠️ Attention: PE and Real Estate Fund Managers ⚠️ When it comes to in-house fund administration vs. third-party providers—which is right for you? Between the complexities of juggling an in-house fund administration and the need for all the stars to align when it comes to outsourcing to a third-party provider, it can often be overwhelming trying to figure out which of the two options to choose from. ✅ Our latest article outlines key questions to ask yourself, giving you the clarity you need to make the right decision. 📝 Dive into the article: https://ow.ly/4uva50StktG #FundAdministration #FundManagement #RealEstate #Outsourcing

How does the upcoming election impact high-net-worth individuals? 💰 With the general election quickly approaching and the debate over taxes heating up, it’s crucial for advisors and clients to stay prepared. John Karls spoke with Tom Burroughes from the Family Wealth Report about the proposed tax on unrealized capital gains and the impact it could have on high-net-worth individuals and certain industries. 📖 Dive into the article for full insights: https://ow.ly/jm7C50Su2M1 #FamilyOffice #IRS #tax

The belief that AI is going to eliminate jobs is a myth. 🦄 In our new "Transform Your Healthcare Operations with Technology and AI" webinar, Ron Present says AI is a part of the workforce's evolution -- and it will complement jobs, not eliminate them. As an example of how such technology will work with staffers and not against them, Ron brings up the movie "Hidden Figures." 📽️ If you don’t have time to watch the whole flick, check out our video for a quick synopsis (and to get Ron's point) – plus find out what Eric Shuss has to add: https://ow.ly/hV8b50Sjho9 #AI #healthcare #technology #innovation

The current high lifetime gift and estate tax exemption is scheduled to sunset at the end of 2025 – is your estate in order? 🌇 Dominic Rovano, CPA and Kelsey Campbell shed light on how this potential change impacts PR agency owners in a recent article published on O'Dwyer's Public Relations News, including: ✔️ Why early planning is critical for PR and marketing agency owners ✔️ Strategies for creating a tax-efficient legacy ✔️ The role of your tax advisor and estate planning attorney in safeguarding your future 🔗 Read the full article: https://ow.ly/HQvF50SnjSb It's never too early to secure your legacy. Consult with your tax advisor or estate planning attorney today to ensure a tax-efficient future for you and your family. #EstatePlanning #PublicRealtionsAgency #MarketingAgency #TaxPlanning

Optimize your tax planning with our 2024 Mid-Year Tax Planning Checklist for Business Owners. 🔍 With the mid-year point upon us, now is the best time to review the tax planning strategies you have in place for the remainder of the year and even well into 2025. Our comprehensive checklist outlines 11 effective strategies that will help take your tax planning to the next level. 🔓 Unlock the strategies: https://ow.ly/U72y50Sqm7L #Tax #TaxPlanning #FinancialPlanning #BusinessOwners

⚠️ Presidential Debate Highlights: Potential Tax Changes for 2025 ⚠️ The recent presidential debate shed light on some crucial potential tax changes that could impact you next year. Here's a quick rundown: Tax Rate Adjustments: Biden: Proposes higher taxes for individuals earning over $400,000 and higher taxes for billionaires to reduce the deficit. Trump: Aims to extend the Tax Cuts and Jobs Act (TCJA) tax cuts. TCJA Tax Provisions: Trump: Willing to extend the current TCJA tax cuts. Biden: Points out that TCJA has increased the deficit significantly. Import Tariffs: Trump: Plans to impose 10% tariffs on imported goods. Biden: Warns this could cost the average American more each year. Childcare Tax Credit: Biden: Plans to significantly increase the childcare tax credit. Trump: No comments on this matter. 🔍 Why It Matters: Many provisions are still uncertain, so it's crucial to stay ahead by planning with your tax advisor. Whether it’s preparing for a potential repeal of TCJA or leveraging new opportunities, understanding these potential changes is key. 👉 Next Steps: Connect with our tax experts for personalized advice and strategic insights and stay tuned for our new Regulatory Resource Center for the latest regulatory updates and guidance: https://ow.ly/lp6X50Ss9Q2 #Tax #Debate #Election2024 #Biden #Trump

What do same-sex couples need to know about the tax implications of getting married? 🏳️🌈 Our latest article highlights tax-saving opportunities for married couples. Among them: Filing a joint return may create tax savings depending on the makeup of a couple's income, deductions and the credits of both spouses that can be reported on the tax returns. In addition, many companies offer employee benefits that can include a spouse, such as health insurance and life insurance, and federal tax law allows one spouse to receive certain tax-free benefits from the other spouse’s employer. 🆓 But what are some of the other tax implications same-sex couples can expect to face after saying "I do"? Explore our article for more insights: https://ow.ly/7Q5k50SrMVH #Taxes #HealthInsurance #LifeInsurance #Pride #PrideMonth

AI Has the Potential to Revolutionize Private Equity Firms and Portfolio Companies 🚀 In the third episode of our “Exit Planning for Business Owners” video series, Bryan Graiff is joined by Thomas Mingo from ArchStar Capital and Chase Meyer from McCarthy Capital for a discussion into the transformative impact of artificial intelligence (AI) on private equity firms and their portfolio companies. Discover how AI is reshaping the landscape and driving value: 💡 Enhanced Due Diligence: AI tools like ChatGPT can quickly gather and analyze competitive market data, providing valuable insights for decision-making. 🤖 Operational Efficiency: PE firms leverage AI to streamline product development, engineering processes and reduce lead times for product launches. 📊 Customer Insights: AI-driven chatbots and analytics help companies better understand customer needs and improve service delivery. 📉 Cost Reduction: Implementing AI solutions can increase efficiencies and reduce operational costs, driving profitability for portfolio companies. Join us as we explore these AI-driven innovations and understand how private equity firms are utilizing AI to enhance their operations and portfolio performance. #PrivateEquity #AI #BusinessGrowth