Bill Kimball

Bill Kimball
Bill Kimball has over thirteen years of experience in public accounting and provides audit and assurance services to both public and private businesses in a variety of industries including petrochemical, healthcare, hospitality, restaurants, not-for-profit, settlement trusts and employee benefit plans.
Horizontal Equity Vs Vertical Equity

Horizontal Equity Vs Vertical Equity

September 18, 2023

It is much easier to implement the concept of vertical equity on income-based taxes than it is on asset-based taxes. Individual income tax returns, including those for elected officials, are private. The Internal Revenue Service cannot release the information to the public.

In such a case, tobacco taxes are intended to compel smokers to …

How To Develop A Process Map For Operations Management

How To Develop A Process Map For Operations Management

September 18, 2023

I have had to detail process flows, and for the sake of moving along in the project, include procedural flow. This can be a plus though, I guess, in that you can list alternative solutions to a specific procedure.

Most importantly make sure that you have invited the right people to your process mapping workshop. You want to ensure that you …

Are You Delivering Potentially Shippable Product Each Sprint?

Are You Delivering Potentially Shippable Product Each Sprint?

September 18, 2023

It is quite different when it comes to Agile development of Native/Hybrid Apps. Firstly, continuous integration is difficult and hence dependent on the development team to build and release Apps at regular intervals whereas they may believe they would be better off writing code during that time.
Some teams will say, “We can’t do …

Tax Evasion & Tax Avoidance

Tax Evasion & Tax Avoidance

September 18, 2023

One example is electing to expense the entire cost of a business asset in the year of purchase. While this will lower your tax liability for the current year, you will not be able to claim depreciation deductions in the future. If you anticipate your business income increasing in the future, you may want to scale back the current deduction so …

The 20 Best Excel Formulas For Managing Your Product Inventory

The 20 Best Excel Formulas For Managing Your Product Inventory

September 18, 2023

Number of KPIs that can provide insights into how to increase sales or improve the marketability of certain stock or the overall inventory mix. However, knowing when to reorder, how much to order, where to store stock, and so on can quickly become a complicated process. As a result, many growing businesses graduate to an inventory management …

Employee Buyout Ebo Definition

Employee Buyout Ebo Definition

September 18, 2023

If you roll your lump sum pension payout into a traditional IRA, you can defer taxes until you start taking withdrawals. Helping private company owners and entrepreneurs sell their businesses on the right terms, at the right time and for maximum value. In some cases, the management of the target company is not in favour of the buyout, and …