Employee health and welfare benefit plans are established to provide medical, sickness, accident, disability, and many other benefits to employees or former employees and their dependents and beneficiaries. Plans with more than 100 participants on the first day of the plan year must file Form 5500 each year whether funded or unfunded. A funded plan […]
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Entries by hobeandlucas
CLEVELAND, OH – February 9, 2019 Hobe & Lucas CPAs, a full-service certified public accounting and business consulting firm located in Independence, Ohio has acquired Flask, Kusak and Company, located in Parma, Ohio. The acquisition strengthens Hobe & Lucas’ overall service offerings and provides additional resources to increase its current levels of customer and client […]
The Tax Cuts and Jobs Act (TCJA) was signed into law at the end of 2017. These new laws and regulations could have a major impact on your individual and business tax planning. Below are some questions and answers that may be applicable to your tax situation. This is the right time to take advantage […]
As we come to the final couple of months of 2018, we, as business owners, should take a moment to reflect on what worked for us and what didn’t work for us. Especially, as budgets are prepared, it is important not only to think back but also to look forward. One thing to assess is […]
Every business with more than one owner needs a buy-sell agreement to handle both expected and unexpected ownership changes. When creating or updating yours, be sure you’re prepared for the valuation issues that will come into play. Issues, what issues? Emotions tend to run high when owners face a “triggering event” that activates the buy-sell. […]
Technology is tricky. Much of today’s software is engineered so well that it will perform adequately for years. But new and better features are being created all the time. And if you’re not getting as much out of your financial data as your competitors are, you could be at a disadvantage. For these reasons, it […]
Last month, we celebrated a momentous achievement in our firm’s history…we were named a 2018 Top Workplace by the Plain Dealer and Advance Ohio…for the first time! This was certainly a great honor for our business, but it’s also a celebration of our culture. We’ve always lived by our founder’s motto of “Full service. Full […]
CLEVELAND, OH – January 25, 2018 Hobe & Lucas CPAs, a full-service accounting and business consulting firm located in Independence, Ohio continues to grow with the hiring 10 new employees. The new team members were hired over the last six months and range from management level to audit and tax associates. These recent additions follows […]
On December 22nd, 2017, the most sweeping tax reform in more than 30 years was signed by President Trump. There are many updates to both individual and business tax law. Below are summaries of the Act’s major tax provisions and changes that will impact individuals, businesses and foreign operations. If you have any questions or […]
These final two weeks of the year are usually filled with a hope that a few of those outstanding proposals will turn into sales commitments. This is also a great time to reflect on the past year and prepare for the upcoming year. We’ve compiled five areas you should be spending extra time with during […]
Hobe & Lucas Certified Public Accountants, Inc. is a full-service accounting and business consulting firm dedicated to providing clients with exceptional value. As one of the largest independent accounting firms in Northeast Ohio, we offer a broad portfolio of services and possess extensive expertise in a wide range of industries and specialty practices.
4807 Rockside Rd
Cleveland, OH 44131