Fall 2016 issue of Horizons
TABLE OF CONTENTS
Features
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A publication by RubinBrown LLP Fall 2016
Welcome from the Chairman & Managing Partner
RubinBrown News
Chairman & Managing Partner John F. Herber, Jr., CPA, CGMA
The State of Our Economy
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St. Louis Managing Partner Frederick R. Kostecki, CPA, CGMA
Timely Reminders
Denver Managing Partner Michael T. Lewis, CFA, CGMA
Industry-Specific Articles
Denver Resident Manager Gregory P. Osborn, CPA, CGMA Kansas City Managing Partner Todd R. Pleimann, CPA, CGMA
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life sciences & technology
gaming Growth Continues Amidst Underlying Weakness 2016 experienced an 1.1% or $219.5 million increase in gaming revenues when compared to the first six months of 2015 not - for - profit Not-For-Profits Services Are Needed in Good Economic Times...and Bad Unique challenges for not-for-profit organizations due to recent economy law firms Law Firms at a Crossroads Law firms experience client pressure in demand for legal services public sector State of the Economy: A View from the Public Sector Mixed metrics, with heavy emphasis on regaining jobs in 2016
real estate Tax Credit Real Estate Developments: Legislative Update The need for affordable
What Lies Ahead in Agri-Business & Ag-Bio Increased demand places stress on supply chain, while innovations prosper
Editor Dawn M. Martin
housing reform is one issue both parties can agree upon
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Art Director Jen Chapman
private equity
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A Big Year for M&A and Private Equity The fourth quarter of 2015 boasted high in deal activity, but seemed to evaporated quickly in the first half of 2016
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healthcare Healthcare Remains Volatile Economically Transforming healthcare industry leaves the market unpredictable colleges & universities Economic Trends in Higher Education Public rhetoric focuses on increases in cost and student loan levels; economic data from the institutions’ perspectives paint a slightly different picture
Designer Brendan Coleman
Horizons , a publication of RubinBrown LLP, is designed to provide general information regarding the subject matters covered. Although prepared by professionals, its contents should not be construed as the rendering of advice regarding specific situations. If accounting, legal or other expert assistance is needed, consult with your professional business advisor. Please call RubinBrown with any questions (contact information is located on the back cover).
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manufacturing & distribution
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The Economic State of Manufacturing & Distribution
Economic outlook remains optimistic as new ideas and concepts are developed through innovative thinking
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construction Construction is on the Rise, but Labor Issues Cause Concern Spending increases, while employment in construction-related jobs experiences shortages
Any federal tax advice contained in this communication (including any attachments): (i) is intended for your use only; (ii) is based on the accuracy and completeness of the facts you have provided us; and (iii) may not be relied upon to avoid penalties.
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transportation & dealerships
Fast Times for Transportation Companies The industry experienced record-breaking increases in shipments, higher demand and lower energy costs
Readers should not act upon information presented without individual professional consultation.
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