“now, for tomorrow.”
Reflecting on 2018, one word that best describes this year is momentum. From big leaps in advanced technology to bold expansions and a fresh global brand, we stay ahead of the curve so that our clients can, too.
Technology breakthroughs. Sweeping legislation. Shifting demographics. These are everyday headlines that remind us change is constant. Yet the word “change” can have negative connotations. It suggests a loss of control. It can be threatening. It is something to resist.
So we describe change as progress because that is exactly what is happening at Baker Tilly. It is a subtle yet important nuance. Progress implies forward motion, forward thinking. Change happens to us. Progress happens because of us.
Our fundamental purpose is to enhance and protect our clients’ value. The value they created. The value they want to keep and grow. Every day, our people solve our clients’ most pressing problems — and help them seize new opportunities. They are smart and talented, and they love what they do. Their dedication to our clients and each other is unmatched. Their optimism for what’s next is contagious. Our clients trust us to help shape their future, today. And for that we are grateful.
This year in review touches on just a few highlights of an incredible 2018 — one that we are very proud of. Together, let’s keep the momentum going.
Now, for tomorrow.
Alan D. Whitman
Chairman & CEO
our new brand
Our brand is so much more than a logo. It is what we believe in and what we want to accomplish. Our new identity better reflects our commitment to making a difference for our clients, our people, our communities and our profession.
With disruption all around us, standing still is not an option. Success happens when we push forward.
We will guide you through the ever-changing business world, blending free-flowing knowledge with the power of personal relationships to help you win now and anticipate tomorrow.
Let’s face the future, together.
The Tax Cuts and Jobs Act (TCJA) created a platform for ongoing conversations with our clients. While the TCJA was meant to simplify taxes, ambiguities in the legislation are making the process more complicated for many Americans. To untangle tax reform, our tax specialists connected with their clients to explain the more complex areas of the law, and we established a Tax Reform Resource Center to house information most relevant to them.
Our clients also are feeling the impact of the U.S. Supreme Court's historic Wayfair decision. We developed resources to assist clients who do business in multiple states in complying with the new implementation dates and thresholds for states’ sales and use tax provisions.
- The TCJA ushered in the most sweeping tax law changes since President Reagan’s Tax Reform Act of 1986 and significantly affected not only organizations (dramatically reducing the corporate tax rate to 21 percent from 35 percent) but also individuals (cutting the top tax bracket and extensively changing many deductions and elections).
- The Wayfair ruling upended a law that had been in effect since 1992. Now states are allowed to tax online retailers and remote sellers who do not reside in their state but do a certain amount of business there. In light of the ruling, $25 billion in additional state revenue is projected.
around the world
on our people
GROW, SOAR and NexGen are signature initiatives that foster team member engagement and align to our three focus areas.