Could Client Accounting Services improve your business?

In a small or growing business, you most likely wear many hats. You’re the leader, you’re the HR department, you could be the entire sales team and you may also be managing the books. A study done by Wasp Barcode stated that the top accounting challenges facing small businesses today are: Accounts Receivable, Cash Flow, […]

Hobe & Lucas CPAs Adds Industry Veteran as New Director of Construction Practice Area

CLEVELAND, OH – August 28th, 2019 Hobe & Lucas CPAs, a full-service accounting and business consulting firm serving clients since 1978, adds Aaron Cook, CPA as Director of their construction practice area. This addition follows their most recent acquisition of Flask, Kusak and Company earlier this year and prepares them for new growth initiatives moving […]

What is the Wayfair case, and what does it mean?

The Wayfair case was decided by the Supreme Court in June of 2018 (South Dakota v. Wayfair). It has largely changed the landscape for sales and use tax, not only in South Dakota, but across the country. Wayfair has established a standard of what is called economic nexus.  Prior to the Wayfair case, the standard for being required to collect […]

WHEN TO FILE A FORM 5500 FOR YOUR HEALTH AND WELFARE PLAN

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 […]

Hobe & Lucas CPAs Kicks Off 2019 with the Acquisition of Flask, Kusak and Company

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 […]