Prepare for valuation issues in your buy-sell agreement

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. […]

3 keys to a successful accounting system upgrade

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 […]

Why our culture makes us a Top Workplace in Northeast Ohio

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 […]

Hobe & Lucas CPAs Completes a Successful Year of Growth with the Addition of 10 New Employees

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 […]

How the sweeping tax reform will affect you or your business.

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 […]