Reeder CPA Group

05/12/2025

When you’re buying a business, you’re not just buying cash flow and customers.

You’re buying its tax history.

That means every past deduction, every accounting quirk, and every lingering tax liability comes along for the ride.

If you’re not digging into the tax records as part of your due diligence, you’re missing a huge part of the picture.

A good CPA won’t just run the numbers. They’ll look for red flags — unreported income, inconsistent expenses, tax credits left on the table.

Buying a business isn’t just about what it’s earning now. It’s about what you’re inheriting — and how you can structure the deal to avoid surprise tax bills later.

12/31/2024

Happy New Year from all of us at Reeder CPA Group!

12/23/2024

We hope everyone has a happy holiday season! ✨

10/31/2024

Considering a vehicle for your business?

With year-end approaching, business owners are looking for smart moves to maximize tax benefits—and a business vehicle purchase can be a strategic choice. While leasing may seem attractive with its lower upfront costs, buying and financing often provide far greater financial benefits in the long run. Here’s why purchasing over leasing could be the better year-end decision:

🚗 Immediate Tax Savings – Buying lets you use accelerated depreciation, offering a substantial upfront deduction that leasing doesn’t allow.

🚚 Cash Flow Flexibility – Financing helps preserve cash, keeping funds in your business for growth as you enter the new year.

🚙 Building Equity – Ownership means building equity in a tangible asset, which leasing simply can’t match.

🚐 Tax-Deductible Interest – With financing, loan interest is deductible, adding extra savings not available when leasing.

At Reeder CPA Group, we’re discussing this and other year-end strategies with clients to help maximize tax benefits and financial strength for the road ahead!

10/17/2024

Had an awesome time reconnecting with Meg Schmitz on her Free Agent podcast! We dove into some timely topics that business owners and franchisees are facing today—everything from profitability and tax strategies to navigating the current economic landscape. We tackled big questions like whether now is the right time to invest in a franchise, how to deal with inflation, and what kind of debt actually helps grow your business.

Meg Schmitz is a franchise consultant and trusted small business advisor, helping business owners achieve professional success & personal freedom. The former...

10/14/2024

When I talk with franchise buyers, we often focus on three key areas that shape our approach to entity structure and funding strategy. I like to think of them as three buckets:

🪣Investment – covering all initial expenses and projected costs for the first 12 months.

🪣Personal Asset Allocation – giving me a full picture of their cash, other liquidity, retirement savings, and real estate.

🪣Household Income and Expenses – capturing all other income streams and household expenses.

By understanding what’s in each of these buckets, I can more effectively guide the setup of the right entity structure and identify the best funding options for their specific needs.

I recently discussed this and more at Beau Eckstein’s Business Ownership Summit!

Business Ownership Summit Welcome to the Business Ownership Summit ! This action-packed session covers everything you need to know about starting, owning, an...

10/03/2024

As we enter the final months of the year, it's the perfect time to start thinking about strategic year-end planning, especially if you’re a business owner.

Proactive steps now can make a big difference in optimizing your financials and setting yourself up for success in the new year!

09/12/2024

🚨 New IRS Rules on Corporate Minimum Tax (CAMT) 🚨

The IRS just released proposed regulations for the Corporate Alternative Minimum Tax (CAMT), a 15% minimum tax on large corporations with $1B+ in annual income. These rules help clarify how companies should calculate income and apply the tax.

These regulations provide clarity on:

- Determining adjusted financial statement income (AFSI)

- Statutory and regulatory adjustments for AFSI

- CAMT application for foreign-parented multinational groups (FPMGs)

- Rules for consolidated tax returns

Additionally, the IRS has issued a notice, waiving penalties for corporations failing to pay estimated CAMT taxes for tax years beginning after Dec. 31, 2023, through 2025.

Stay informed to avoid surprises in tax planning!

09/10/2024

Excited to share that my recent episode on The Randy Forcier Podcast is now live! Randy and I had a great conversation about my journey in building Reeder CPA Group into a national remote CPA firm. I touched on the importance of digital infrastructure, navigating challenges in the CPA industry, and using proactive tax strategies to keep businesses ahead. I also shared my approach to balancing work, family, and personal passions while running a global business. Check out the episode for insights on scaling a remote firm and advice for aspiring accountants! Also available on Spotify and Apple.

In this episode, Michael Reeder, owner of Reeder CPA Group, shares his journey of building a virtual CPA firm while living in Bulgaria. He discusses the impo...

09/05/2024

Fun fact: About 98% of U.S. small businesses have fewer than 100 employees, and of those, around 89% have fewer than 20 employees. If you’re part of this group, you might think offering a retirement plan is out of reach—too expensive or too complex. But the SECURE 2.0 Act was designed to make it easier and more affordable than ever.

Got a business with 50 or fewer employees? There’s a tax credit of up to $5,000 per year for the first three years to cover the costs of setting up and running a retirement plan. This could potentially cover nearly all your startup expenses. Additionally, if you make employer contributions, you could receive a credit that covers 100% of those contributions in the first year, with additional credits available for the next four years.

And while we’re focusing on the smallest businesses, even those with up to 100 employees can receive substantial benefits under this law. Bam.

Want to chat about it? Shoot me a message. My team is ready to help demystify the process and ensure you take full advantage of these opportunities.