Manufacturing business owners rely on Lisa Baalman. She fosters and supports good business health for multistate corporations, partnerships, and limited liability company entities. She looks for opportunities to save money and minimize financial risk. She admires business owners who desire to leave a legacy for their family members.
Lisa enjoys evaluating opportunities as businesses seek to sell, acquire, or merge with other businesses. She thoroughly understands the financial and tax implications of making capital investments and changing entity structures. Modeling proposed debt and projecting the personal tax effect on owners, Lisa assesses the full circle of financial consequences to minimize tax liabilities, reduce unnecessary risk, and achieve overall economic benefits to the company and key players.
Lisa is well versed in the qualifications for the domestic production activities deduction, and research and development credits, both of which enable a manufacturing business to hang on to more cash for working capital and reinvest in the business rather than overpaying on income taxes.
Working in a veterinary office while in college gave Lisa an appreciation for the accounting and bookkeeping needs of a small business. And now, as a practicing CPA, Lisa finds true career satisfaction from making personal connections with manufacturing business owners and their families, and establishing accounting and tax strategies that help them reach their goals.