Martin & Associates, Ltd.

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Martin & Associates, Ltd. CPA firm founded in 1994 specializing in tax and advisory services, outsourced CFO services and risk Martin & Associates, Ltd.

is a Certified Public Accounting firm founded in 1994 that is based in Las Vegas, NV. Core services include (1) tax and advisory services, (2) outsourced CFO services, and (3) risk management and compliance. Clientele includes many entrepreneurs, GLBT and high net worth individuals. Clients work directly with the two partners, Andrew Martin, MS, CFE, CFF, CICA, CPA and Dana Barooshian, CFE, CICA, MBA. Our clients receive great value from our diversity of experience and perspectives. We combine expertise in accounting, tax and finance with entrepreneurial experience building and selling businesses, with political, public policy and governance experience. Andrew served in the Nevada State Assembly and on important boards such as the Nevada Economic Forum (an independent panel of experts that forecasts tax revenues) and the Clark County School District Bond Oversight Committee (which oversees capital projects and bond issues). We help you make tough decisions when it counts. We navigate you through the complex tax, financial and regulatory framework. We battle the IRS and state taxing agencies. We help you create efficient and effective business processes and financial operations to manage risk, measure performance and accomplish objectives. We distill complex, disparate information into decision ready data. As owner-operators, our name and reputation stands behind our work. When you become a client, you will be treated with the level of care you expect from a business owner. If this is what you seek, we invite you to contact us.

How are my small business owners feeling about the prospects for 2025?  This forecast from Forbes says the biggest const...
01/03/2025

How are my small business owners feeling about the prospects for 2025? This forecast from Forbes says the biggest constraint on growth is labor supply. Small business owners have know this for 20 years.

The economy will grow but at a slower pace than 2024. Inflation will remain above the Fed's target, with Trump’s policies limiting production while stimulating spending.

Still lots of uncertainty on economy and the markets.
11/10/2023

Still lots of uncertainty on economy and the markets.

Powell said in remarks for an International Monetary Fund audience that more work could be ahead in the battle against high prices.

03/10/2023

SVB aka Silicon Valley Bank is now the second largest bank failure in US history and causing shock waves through the US economy and financial markets.

The Federal Reserve's rapid increase in interest rates, while necessary to fight inflation, is disruptive and sometimes management makes mistakes that are extinction level events like a run on the bank. Fighting inflation and financial stability have not come into conflict.

Let's understand the accounting dynamics. Banks take deposits. A bank like Bank of America, probably the largest deposit holder, has customer deposits because of the strength and security of their transactions platform. SVB got business deposits from Silicon Valley start ups where they offered other lending services. That set up a run on the bank when deposits were drawn down. Banks take customer deposits (yielding next to nothing on traditional checking accounts) and buy secure debt instruments like US Treasuries, and higher yielding slight more risky mortgage backed securities (MBS), a portfolio of mortgages that carry interest risk but little credit risk if originated by Fannie Mae or Freddie Mac. As interest rates rise, the market value of those debit securities fall. If bank is forced to sell securities before maturity to cover deposit outflows, losses mount. While the Federal Reserve itself owns about $8,3 trillion in US Treasuries and MBS, the Fed will never take a loss because they always hold to mature, then simply buy less to shrink their balance sheet.

As SVB is seized by regulators, some financial institution will likely buy them over the weekend and reopen the doors, but with a far more conservative business model. Innovation will take a hit.

Follow Sonaili Basak on LinkedIn for insightful reporting. She is a Bloomberg reporter with deep knowledge of financial markets and technology.

Nasty but deserved.
09/26/2022

Nasty but deserved.

They Will learn

Address

7345 S Durango Drive #B107/319
Las Vegas, NV
89113

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