Many small businesses face a common dilemma regarding financial reporting. They want to minimize tax, which means reporting low income. But they also want to keep their banker happy, which means reporting high income. I often need to counsel clients that they can’t have it both ways. Or can they? Construction contractors can have it…

{ ... read more ... }

Pinnacle PAC knows that leaders are readers. The Pinnacle Team endeavors to constantly nurture our minds, expand and enhance our services, and remain thought and practice leaders in the accounting industry. We have assembled an ever-growing list of books that we feel are worthy of your time and attention. 1. The Emyth Revisited – by…

{ ... read more ... }

The Pinnacle Team recently did a self-assessment to find out the strengths and weaknesses of our team dynamic.  The exercise was inspired by Patrick Lencioni’s book – The Five Dysfunctions of a Team. In his book, the author describes the five attributes that characterize a highly functioning team.  He also provides an assessment tool for…

{ ... read more ... }