Part-Time CFO for a Growing and Emerging Business - Jan 31, 2018
Kerry M. Lavelle • January 31, 2018
To make informed decisions, a business owner must have timely and accurate financial information. But many emerging businesses cannot afford the cost of a full time CFO. The solution is part time CFOs. In this podcast, Kerry Lavelle of Lavelle Law and Lawrence Chester of CFO Simplified discuss the benefits of employing part time CFOs.
- financial statements
- budgets
- accounts receivable
- forecasts
- cost control
- accounting
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Play Ball with Lavelle Law on April 9! Step up to the plate and join our annual Business After Hours event, hosted in the friendly confines of our Schaumburg office. Bonus points: Feel free to rock your favorite baseball team’s gear and show off your fandom while you’re at it! Free event for SBA members!
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For many businesses, the ability to fully expense capital investments in the first year presents a meaningful opportunity to reduce tax liability and reinvest in growth. Proper classification, timing, and election planning remain essential to maximizing the benefit.
Beginning 3.1.26, new federal regulations issued by FinCEN will significantly affect how certain residential real estate closings are handled. Issued under the authority of the Bank Secrecy Act, the rule requires the reporting of specified non-financed residential real estate transfers involving legal entities & trusts
Certain income taxes can be discharged in bankruptcy if they meet a four-part test, the last test being a subjective test. On January 20, 2026, Judge Bentley of the U.S. Bankruptcy Court for the SDNY issued a 46-page judgment determining that a chapter 7 debtor did not meet the fourth test.
