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Hertzbach Is A Proud Sponsor for “City Shred Day” Event

By Marketing | September 7, 2017

Hertzbach is proud to be a sponsor for Baltimore’s “City Shred Day,” an event that encourages the Baltimore community to bring documents for secure, on-site destruction. All proceeds from the event will support the local organization, Strong City Baltimore. There is no limit on how much you can shred and the event will also include…

Valuation takes center stage when business owners divorce

By Professional Practices | September 5, 2017

Splitting up a marital estate can be a long, complicated process, particularly if it includes a private business interest. Fortunately, a valuation professional can provide answers to these critical financial questions: How much is my business interest worth? There are three ways to value a business: the cost, market and income approaches. All of these…

Robert Carter Discusses Career with Rausch Law, LLC

By Marketing | September 1, 2017

Hertzbach’s senior manager, Robert W. Carter, MS, CPA, CVA, CFE, CEPA recently spoke with Rausch Law, LLC as a part of their podcast, Inner Circle, to discuss his career and to offer advice to aspiring individuals within the accounting and finance field. Robert Carter joined Hertzbach in 2007 and now exclusively manages the Business Valuation,…

Beat the summer heat and shop Maryland Tax-Free Week

By Tax Department | August 11, 2017

Just in time for back to school shopping, Maryland apparel retailers are beginning a week of tax-free sales. The second Sunday of August to the following Saturday is designated as Shop Maryland Tax-Free Week each year. That means qualifying apparel and footwear $100 or less, per item, are exempt from the state sales tax. Accessory items are generally…

Fight fraud with these common managerial accounting tools

By Professional Practices | August 7, 2017

When thinking about the ways financial experts can uncover fraud, data analysis and other forensic accounting techniques may come to mind. But qualified experts also know how to use everyday managerial accounting practices to ferret out fraud. Budgets Budgets can provide insight into how management expects a company to perform in the near future. As…

Implications of HIPAA Breaches an Increasing Concern for Long-term Care

By Health Care | July 27, 2017

Data breaches can come from many sources including ransom-ware, employee mistakes and disgruntled and/or former employee actions.  Long-term care operators have a specific added burden of securing records for an extended period. Additionally, this type of information remains valid and useful for a very long period since it is unlikely to change. Following a data…

How FRCP amendments affected e-discovery rulings in 2016

By Professional Practices | July 24, 2017

The amended Federal Rules of Civil Procedure (FRCP) took effect in December 2015. What effect did the amendments have on cases involving the discovery of electronically stored information (ESI)? The answer may be found in a recent study published by Kroll Ontrack, a data recovery and e-discovery consulting firm. The conclusions drawn can help you…

Florida Supreme Court rejects caps on damages for medical malpractice cases

By Health Care | July 12, 2017

The Florida Supreme Court recently ruled that a law putting a cap on damages in medical malpractice cases is unconstitutional. This cap was a controversial change that the Florida Legislature made in 2003. In 2008, a lawsuit stemmed from a complaint by a patient who was awarded $4 million in non-economic damages, which was then…

Hertzbach at the HAND Annual Meeting

By Affordable Housing | July 11, 2017

Hertzbach’s Affordable Housing Team proudly supports the HAND Annual Meeting every year. We have over 35 years of experience serving the needs of the affordable housing community. Our firm is staffed by a highly skilled team of professionals who are dedicated to understanding of the unique accounting needs of the affordable housing industry. Contact us today at AffordableHousing@hertzbach.com to find out…

The Long Term Care Facility for 2020 and Beyond

By Health Care | June 28, 2017

Patrick Trotta, CPA, CHC, partner at Hertzbach, will be presenting “The Long Term Care Facility for 2020 and Beyond: Strategies for Operational and Financial Success” in conjunction with the Beacon Institute – LifeSpan’s Educational Affiliate and leader in education for senior care and service providers. Patrick is a partner in Hertzbach’s Healthcare Industry Services Group and  has…

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