Acquiring wealth is the first step in building a family wealth enterprise, but only just the beginning. Having access to information that helps you manage the complexities of that wealth and avoid future costly mistakes is critical to long-term success.

The term “due diligence” is one that’s tossed around in a number of business sectors, and can even be heard in everyday, casual conversations. When making a big decision, one might ask: “Have you done your due diligence?” In the simplest of definitions, it’s the careful assessment of the pros and cons of a transaction.

When people think of accountants and finance professionals, they often conjure up images of serious, number-crunching individuals buried in stacks of paperwork, devoid of any fun or excitement. However, at EHTC, we believe in shattering these stereotypes and fostering a vibrant culture that challenges these misconceptions head-on.

West Michigan-based accounting, tax, and business advisory firm, EHTC, welcomes their new Transaction Advisory Services (TAS) Partner, Ryan McCaslin. McCaslin will be leading their TAS group focused on buy-and-sell side financial due diligence and consulting services.

As Seen In Forbes, Fortune, & Entrepreneur | Outstanding Business Leaders: Grand Rapids

West Michigan CPA and advisory firm EHTC prioritizes the people behind the numbers.

West Michigan-based accounting, tax, and business advisory firm, EHTC, announces the relocation of its company headquarters. After eight years at their 2301 East Paris Avenue SE location, EHTC will break ground Summer 2023 on a new, larger building in Ada, Michigan.

Chipping for Charity is a yearly event that’s close to the hearts of all of us at EHTC. Through it, we live and breathe our core values of Willingness to Grow, Going Above and Beyond, Passion for Living, and Teamwork—and this year, our 35th year—is yet another opportunity to reinforce what matters to us as much as the business at hand!

EHTC will host its 35th annual Chipping for Charity Golf Outing on Tuesday, June 27, 2023, at Scott Lake Golf & Practice Center, 911 Hayes Road Northeast, Comstock Park, MI 49321. Since its inception, over $350,000 has been raised and invested into West Michigan non-profit organizations. This year, EHTC is excited to announce its 2023 recipient: CASA of Kent County.

No matter how you look at the future, your business is likely to face stresses and opportunities unlike what you have encountered in the past. Threats of a meaningful recession, supply chain disruptions, and challenging talent issues increasing interest rates are just a few of the main players. As a result, your business may not be positioned to respond to these factors, much less capitalize on them.

A long-debated piece of Michigan tax law covering the delivery and installation of goods could finally get a rewrite under an agreement between Democratic state leaders and Republican members of the Legislature.

Finding a good advisor can be difficult and time consuming, but it is worth the extra effort. An advisor that understands your wants, needs, goals and pain points, is key to achieving your or your company’s full potential.

Tax season is fast approaching, and, at EHTC, we know that it can bring added stress to our clients. The best way to mitigate some of that strain is to stay organized and stay on top of all the important details—and resist the urge to procrastinate until late February or March.

At EHTC, we provide more than accounting and tax support for our individual and business clients; we are a full-service CPA firm with a robust, knowledgeable Advisory Services team that has special expertise in valuation and business transactions.

CRM allows for a 360-degree view of the customer to determine the lifetime value of the customer to your business. Considering the various stages of the customer journey is helpful, so you can determine where they might be in the sales cycle, as well as where they fall in the life cycle.

Today’s Microsoft Partner has been through a transformation over the last five (5) years. The Digital Department at EHTC is focused on the digital transformation of our practices and also our client’s organizations.

As a corporate citizen, EHTC strongly believes in being a good neighbor and strengthening the Grand Rapids area where we live and do business. We encourage our team members to be active in the community, to join organizations, and to take pride in giving back. We facilitate these efforts by hosting a number of initiatives that our staff can take part in.

A team-oriented culture, strong core values, and a supportive environment are the building blocks that make up the ideal workplace. At EHTC (Echelbarger, Himebaugh, Tamm & Co.), you’ll experience all of this and more. Named one of Accounting Today's Best Accounting Firms to Work For in recent years, EHTC strives to create a space where team members can thrive, grow, be heard, and feel rewarded!

Managing costs and expenses are imperative to ensuring your company’s financial goals and objectives are met. Our Accounting team analyzes accounting procedures, identifies areas for improvement, and implements solutions— all unique to each of our clients.

On Tuesday, June 28, 2022, EHTC hosted a SOLD OUT Chipping for Charity Golf Outing. This 34th annual event raised over $19,000 for Beer City Dog Biscuits, a local nonprofit striving to support their team of disabled adults develop valuable skills throughout every step of the dog biscuit baking process.

Digital Transformation is really an older concept that is evolving. In the past we used terms like paperless and electronic to help move to a more digital environment. Historically, reports even dashboards contained a lot of data that would be hard to read or contain information that was not necessary. The reports were big.