Re: Doctor / Dentist Compensation
by Michael Rabe, CFA, ABV
I'm also in need of recent MGMA data. I have up to the 2022 reports but MGMA has made it very difficult for us to get the data.
Michael Rabe, CFA, ABV | Business Valuation Director
Litigation Services
GURSEY | SCHNEIDER LLP
2121 Avenue of the Stars, Suite 1300
Los Angeles, CA 90067
310.691.1823
www.gursey.com
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From: Stefanie Sollecito via Listserv <listserv(a)ercllc.net>
Sent: Tuesday, September 22, 2026 6:30 AM
To: listserv(a)ercllc.net
Subject: [Listserv] Doctor / Dentist Compensation
Good morning,
Wondering if anyone has access to MGMA 2025/26 data (or similar)?
I'm looking for market comp for an ophthalmologist and dentist (different people) for a 3/31/2026 valuation date.
Thanks!
Stef
[cid:image001.jpg@01DD4CCE.A82BA730]<http://www.sjsforensics.com/>
Sept. 25, 2026
Re: New SBA rules
by Rob Levis
Gatta love AI 😊
According to the AICPA, a quality of earnings (QofE) engagement is classified as a consulting service, not an attestation service. [1<https://www.google.com/goto?url=CAESjQEB6zswFXMFYrnsR7-Y1EJicnS1ZKSzTIXr2gS…>, 2<https://www.google.com/goto?url=CAESjgEB6zswFeXOwHPUfILx-E8UO26wd2dqe5nSZEt…>]
Key Characteristics & Governing Standards
* Governing Standards: It is performed under the AICPA’s Statement on Standards for Consulting Services No. 1 (codified as CS Section 100). [1<https://www.google.com/goto?url=CAESlQEB6zswFXakpY42scSme_fhqrqo0e5tGED0aZV…>, 2<https://www.google.com/goto?url=CAESjgEB6zswFeXOwHPUfILx-E8UO26wd2dqe5nSZEt…>]
* No Formal Assurance: Because it is a consulting engagement rather than an attestation engagement, the CPA does not issue an opinion, conclusion, or formal assurance on the financial statements or assertions. [1<https://www.google.com/goto?url=CAESawHrOzAVq9Mc6ZSsubsKr2kNFBzCi8qVMRrENPK…>]
* Scope Flexibility: Unlike highly structured attestation engagements—such as audits or agreed-upon procedures (AUP) governed by Statements on Standards for Attestation Engagements (SSAE)—a QofE study provides total flexibility. The practitioner and the client can freely determine the approach, depth, and specific financial metrics (like normalized EBITDA) to analyze based on the transaction's needs. [1<https://www.google.com/goto?url=CAESawHrOzAVq9Mc6ZSsubsKr2kNFBzCi8qVMRrENPK…>, 2<https://www.google.com/goto?url=CAESjQEB6zswFXMFYrnsR7-Y1EJicnS1ZKSzTIXr2gS…>, 3<https://www.google.com/goto?url=CAESlQEB6zswFXakpY42scSme_fhqrqo0e5tGED0aZV…>]
Rob
Levis, Grosdidier & Associates, LLC
Main: 719.226.3702 | Cell: 719.651.7295
www.levisconsult.com<http://www.levisconsult.com/>
From: Dr. Michael Crain via Listserv <listserv(a)ercllc.net>
Sent: Friday, September 25, 2026 7:18 AM
To: Karen Kaseno <kkaseno(a)gagroup.com>
Cc: Ron Seigneur <ron.seigneur(a)cpavalue.com>; Katie Gilden <Katie(a)fiskeco.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: [Listserv] Re: New SBA rules
And is this an attestation service or consulting service (as AICPA defines them)?
Dr. Michael A. Crain, CPA, CFA, ABV, CFE
On Sep 23, 2026, at 8:59 PM, Karen Kaseno via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>> wrote:
Does anyone here already do this work? What specifically needs to be done?
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name!
[Image]
www.gagroup.com<http://www.gagroup.com/>
[Image] <http://www.linkedin.com/company/great-american-group>
Karen J. Kaseno, CPA, CVA, CFE, MAFF
Managing Director
Litigation Support
Direct: (760) 753-7515
Email: kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>
445 Marine View Avenue, Suite 300
Del Mar, CA 92014
<Image.png>
<Image.png>
________________________________
From: Ron Seigneur <ron.seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>>
Sent: Wednesday, 23 September 2026 10:35:04
To: Katie Gilden <Katie(a)fiskeco.com<mailto:Katie@fiskeco.com>>; Karen Kaseno <kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>>; ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: RE: New SBA rules
The SBA should be releasing one or more technical bulletins very shortly to clarify who will be qualified to do Q of Es for SBA lending purposes, effective Oct 1, and what must be covered. From what I learned yesterday from a panel I was on including three SBA lenders I do not perceive this to be a high risk service that might be a nice service line for us BVFLS folks to focus on if we have relationships with biz brokers and SBA lenders. The ASA conference next week, which can be attended virtually for either 2 days or one day has a nice session on doing Q of E studies btw. https://www.appraisers.org/asa-international-conference
Just a piece of trivia Live Oak Lending is now fulfilling 80% of all SBA loans nationally. With Wells Fargo and Key Bank a distant 2nd and 3rd.
Ron
V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&fea…>
T 303.980.1111
D 720-665-9000
T 877.775.2676
F 303.308.6969
www.cpavalue.com<http://www.cpavalue.com/>
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Ron Seigneur
MBA CPA/ABV ASA CVA
Partner
Ron.Seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>
Seigneur Gustafson LLP
940 Wadsworth Blvd, Ste 200
Lakewood, Colorado 80214
Beyond the Number$
Click here<https://cpavalue.sharefile.com/r-rae8c2e26109748438e5529327a88b0a6> to send a secure file
Thought for the quarter: “I used to have a handle on life, but it broke” – Anonymous
Last quarters thought: "Choose to be optimistic, it feels better." — Dalai Lama
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One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026
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More info or to register at: https://events.aicpa-cima.com/CannabisConf
From: Katie Gilden <Katie(a)fiskeco.com<mailto:Katie@fiskeco.com>>
Sent: Tuesday, September 22, 2026 4:18 PM
To: Karen Kaseno <kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>>; Ron Seigneur <ron.seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: RE: New SBA rules
Yes – I had heard this as well!!!! Thanks for sharing, Ron!
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Katie Gilden
Partner / Chief Operating Officer
Direct: +1 954.361.7910
Office: +1 954.236.8600
Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/>
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The information in this message is confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, any disclosure, copying, or distribution of the message, or any action or omission taken by you in reliance on it, is prohibited and may be unlawful. Please immediately contact the sender if you have received this message in error. Thank you.
From: Karen Kaseno via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, September 22, 2026 4:36 PM
To: Ron Seigneur <ron.seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] Re: New SBA rules
Well that is interesting! Thanks for passing that on, Ron!
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name!
www.gagroup.com<http://www.gagroup.com/>
<http://www.linkedin.com/company/great-american-group>
Karen J. Kaseno, CPA, CVA, CFE, MAFF<http://www.linkedin.com/company/great-american-group>
Managing Director<http://www.linkedin.com/company/great-american-group>
Litigation Support<http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
Direct: (760) 753-7515<http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
Email: kkaseno(a)gagroup.com<http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
445 Marine View Avenue, Suite 300<http://www.linkedin.com/company/great-american-group>
Del Mar, CA 92014<http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
<image010.png><http://www.linkedin.com/company/great-american-group>
<image011.png><http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
________________________________
From: Ron Seigneur via Listserv <listserv(a)ercllc.net>
Sent: Tuesday, 22 September 2026 13:27:03
To: ERC List Serve <listserv(a)ercllc.net>
Subject: [Listserv] New SBA rules <http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned!<http://www.linkedin.com/company/great-american-group>
<http://www.linkedin.com/company/great-american-group>
Ron Seigneur<http://www.linkedin.com/company/great-american-group>
303.980.1111<http://www.linkedin.com/company/great-american-group>
Sent from my Galaxy S21<http://www.linkedin.com/company/great-american-group>
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Listserv mailing list -- listserv(a)ercllc.net
To unsubscribe send an email to listserv-leave(a)ercllc.net<http://www.linkedin.com/company/great-american-group>
Sept. 25, 2026
Re: New SBA rules
by Stacey Udell
My firm has a Transaction Advisory Services area that does Q of Es. My old one did also.
[https://itmedia.azureedge.net/media/saxtechnology-000127.png]
Stacey Udell
Partner
389 Interpace Parkway, STE 3, Parsippany, NJ 07054
D: 973-554-6926<tel:973-554-6926>
|
W: www.saxadvisorygroup.com
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[Facebook]<https://www.facebook.com/SaxLLP/>
[LinkedIn]<https://www.linkedin.com/company/sax-llp/>
[YouTube]<https://www.youtube.com/@saxadvisorygroup>
Register for the 2026 Sax Symposium Here<https://saxadvisorygroup.com/sax-business-symposium/>
________________________________
From: Dr. Michael Crain via Listserv <listserv(a)ercllc.net>
Sent: Friday, September 25, 2026 9:17 AM
To: Karen Kaseno <kkaseno(a)gagroup.com>
Cc: Ron Seigneur <ron.seigneur(a)cpavalue.com>; Katie Gilden <Katie(a)fiskeco.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: [Listserv] Re: New SBA rules
And is this an attestation service or consulting service (as AICPA defines them)?
Dr. Michael A. Crain, CPA, CFA, ABV, CFE
On Sep 23, 2026, at 8:59 PM, Karen Kaseno via Listserv <listserv(a)ercllc.net> wrote:
Does anyone here already do this work? What specifically needs to be done?
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name!
[Image]
www.gagroup.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.gagroup.com_&d=DwMF…>
[Image] <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.linkedin.com_compan…>
Karen J. Kaseno, CPA, CVA, CFE, MAFF
Managing Director
Litigation Support
Direct: (760) 753-7515
Email: kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>
445 Marine View Avenue, Suite 300
Del Mar, CA 92014
<Image.png>
<Image.png>
________________________________
From: Ron Seigneur <ron.seigneur(a)cpavalue.com>
Sent: Wednesday, 23 September 2026 10:35:04
To: Katie Gilden <Katie(a)fiskeco.com>; Karen Kaseno <kkaseno(a)gagroup.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: RE: New SBA rules
The SBA should be releasing one or more technical bulletins very shortly to clarify who will be qualified to do Q of Es for SBA lending purposes, effective Oct 1, and what must be covered. From what I learned yesterday from a panel I was on including three SBA lenders I do not perceive this to be a high risk service that might be a nice service line for us BVFLS folks to focus on if we have relationships with biz brokers and SBA lenders. The ASA conference next week, which can be attended virtually for either 2 days or one day has a nice session on doing Q of E studies btw. https://www.appraisers.org/asa-international-conference<https://urldefense.proofpoint.com/v2/url?u=https-3A__www.appraisers.org_asa…>
Just a piece of trivia Live Oak Lending is now fulfilling 80% of all SBA loans nationally. With Wells Fargo and Key Bank a distant 2nd and 3rd.
Ron
V-card<https://urldefense.proofpoint.com/v2/url?u=http-3A__cpavalue.com_cfwebstore…>| Web site<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.cpavalue.com_&d=DwM…> | Bio<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.cpavalue.com_cfwebs…>
T 303.980.1111
D 720-665-9000
T 877.775.2676
F 303.308.6969
www.cpavalue.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.cpavalue.com_&d=DwM…>
<image003.jpg>
Ron Seigneur
MBA CPA/ABV ASA CVA
Partner
Ron.Seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>
Seigneur Gustafson LLP
940 Wadsworth Blvd, Ste 200
Lakewood, Colorado 80214
Beyond the Number$
Click here<https://urldefense.proofpoint.com/v2/url?u=https-3A__cpavalue.sharefile.com…> to send a secure file
Thought for the quarter: “I used to have a handle on life, but it broke” – Anonymous
Last quarters thought: "Choose to be optimistic, it feels better." — Dalai Lama
<image004.png>
<image005.jpg>
<image006.png>
<image007.jpg>
<image008.png>
One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026
<image009.jpg>
More info or to register at: https://events.aicpa-cima.com/CannabisConf<https://urldefense.proofpoint.com/v2/url?u=https-3A__events.aicpa-2Dcima.co…>
From: Katie Gilden <Katie(a)fiskeco.com>
Sent: Tuesday, September 22, 2026 4:18 PM
To: Karen Kaseno <kkaseno(a)gagroup.com>; Ron Seigneur <ron.seigneur(a)cpavalue.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: RE: New SBA rules
Yes – I had heard this as well!!!! Thanks for sharing, Ron!
[https://designing.webmynehost.com/emailer/New-FISK/fiske-logo.png]
[https://designing.webmynehost.com/emailer/fiske/fb.png]<https://urldefense.proofpoint.com/v2/url?u=https-3A__www.facebook.com_Fiske…> [https://designing.webmynehost.com/emailer/fiske/insta.png] <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.instagram.com_fisk…> [https://designing.webmynehost.com/emailer/fiske/linkdin.png] <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.linkedin.com_compa…>
Katie Gilden
Partner / Chief Operating Officer
Direct: +1 954.361.7910
Office: +1 954.236.8600
Visit:<https://urldefense.proofpoint.com/v2/url?u=https-3A__fiskeco.com_&d=DwMFaQ&…> fiskeco.com<https://urldefense.proofpoint.com/v2/url?u=https-3A__fiskeco.com_&d=DwMFaQ&…>
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Please Upload files securely here<https://urldefense.proofpoint.com/v2/url?u=https-3A__exchange-2Dtaxpayer.sa…>
CONFIDENTIALITY NOTICE:
The information in this message is confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, any disclosure, copying, or distribution of the message, or any action or omission taken by you in reliance on it, is prohibited and may be unlawful. Please immediately contact the sender if you have received this message in error. Thank you.
From: Karen Kaseno via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, September 22, 2026 4:36 PM
To: Ron Seigneur <ron.seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] Re: New SBA rules
Well that is interesting! Thanks for passing that on, Ron!
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name!
[Image]
www.gagroup.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.gagroup.com_&d=DwMF…>
[Image] <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.linkedin.com_compan…>
Karen J. Kaseno, CPA, CVA, CFE, MAFF
Managing Director
Litigation Support
Direct: (760) 753-7515
Email: kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>
445 Marine View Avenue, Suite 300
Del Mar, CA 92014
<image010.png>
<image011.png>
________________________________
From: Ron Seigneur via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, 22 September 2026 13:27:03
To: ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] New SBA rules
The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned!
Ron Seigneur
303.980.1111
Sent from my Galaxy S21
_______________________________________________
Listserv mailing list -- listserv(a)ercllc.net
To unsubscribe send an email to listserv-leave(a)ercllc.net
"Sax" is the brand name under which Sax LLP and Sax Advisory Group LLC and its subsidiary entities provide professional services. Sax LLP and Sax Advisory Group LLC (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Sax LLP is a licensed independent CPA firm that provides attest services to its clients, and Sax Advisory Group LLC and its subsidiary entities provide tax and business consulting services to their clients. Sax Advisory Group LLC and its subsidiary entities are not licensed CPA firms
Sept. 25, 2026
Re: New SBA rules
by Karen Kaseno
Does anyone here already do this work? What specifically needs to be done?
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name!
[Image]
www.gagroup.com<http://www.gagroup.com/>
[Image] <http://www.linkedin.com/company/great-american-group>
Karen J. Kaseno, CPA, CVA, CFE, MAFF
Managing Director
Litigation Support
Direct: (760) 753-7515
Email: kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>
445 Marine View Avenue, Suite 300
Del Mar, CA 92014
[signatureImage][signatureImage]
________________________________
From: Ron Seigneur <ron.seigneur(a)cpavalue.com>
Sent: Wednesday, 23 September 2026 10:35:04
To: Katie Gilden <Katie(a)fiskeco.com>; Karen Kaseno <kkaseno(a)gagroup.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: RE: New SBA rules
The SBA should be releasing one or more technical bulletins very shortly to clarify who will be qualified to do Q of Es for SBA lending purposes, effective Oct 1, and what must be covered. From what I learned yesterday from a panel I was on including three SBA lenders I do not perceive this to be a high risk service that might be a nice service line for us BVFLS folks to focus on if we have relationships with biz brokers and SBA lenders. The ASA conference next week, which can be attended virtually for either 2 days or one day has a nice session on doing Q of E studies btw. https://www.appraisers.org/asa-international-conference
Just a piece of trivia Live Oak Lending is now fulfilling 80% of all SBA loans nationally. With Wells Fargo and Key Bank a distant 2nd and 3rd.
Ron
V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&fea…>
T 303.980.1111
D 720-665-9000
T 877.775.2676
F 303.308.6969
www.cpavalue.com<http://www.cpavalue.com/>
[cid:image003.jpg@01DD4B4E.296B8EF0]
Ron Seigneur
MBA CPA/ABV ASA CVA
Partner
Ron.Seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>
Seigneur Gustafson LLP
940 Wadsworth Blvd, Ste 200
Lakewood, Colorado 80214
Beyond the Number$
Click here<https://cpavalue.sharefile.com/r-rae8c2e26109748438e5529327a88b0a6> to send a secure file
Thought for the quarter: “I used to have a handle on life, but it broke” – Anonymous
Last quarters thought: "Choose to be optimistic, it feels better." — Dalai Lama
[cid:image004.png@01DD4B4E.296B8EF0] [Diagram Description automatically generated] [cid:image006.png@01DD4B4E.296B8EF0] [A book cover of a financial valuation AI-generated content may be incorrect.] [cid:image008.png@01DD4B4E.296B8EF0]
One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026
[cid:image009.jpg@01DD4B4E.296B8EF0]
More info or to register at: https://events.aicpa-cima.com/CannabisConf
From: Katie Gilden <Katie(a)fiskeco.com>
Sent: Tuesday, September 22, 2026 4:18 PM
To: Karen Kaseno <kkaseno(a)gagroup.com>; Ron Seigneur <ron.seigneur(a)cpavalue.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: RE: New SBA rules
Yes – I had heard this as well!!!! Thanks for sharing, Ron!
[https://designing.webmynehost.com/emailer/New-FISK/fiske-logo.png]
[https://designing.webmynehost.com/emailer/fiske/fb.png]<https://www.facebook.com/FiskeAdvisory> [https://designing.webmynehost.com/emailer/fiske/insta.png] <https://www.instagram.com/fiskeadvisory/> [https://designing.webmynehost.com/emailer/fiske/linkdin.png] <https://www.linkedin.com/company/fiskeadvisory>
Katie Gilden
Partner / Chief Operating Officer
Direct: +1 954.361.7910
Office: +1 954.236.8600
Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/>
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From: Karen Kaseno via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, September 22, 2026 4:36 PM
To: Ron Seigneur <ron.seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] Re: New SBA rules
Well that is interesting! Thanks for passing that on, Ron!
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service—just a new name!
[Image]
www.gagroup.com<http://www.gagroup.com/>
[Image] <http://www.linkedin.com/company/great-american-group>
Karen J. Kaseno, CPA, CVA, CFE, MAFF
Managing Director
Litigation Support
Direct: (760) 753-7515
Email: kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>
445 Marine View Avenue, Suite 300
Del Mar, CA 92014
[signatureImage][signatureImage]
________________________________
From: Ron Seigneur via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, 22 September 2026 13:27:03
To: ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] New SBA rules
The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned!
Ron Seigneur
303.980.1111
Sent from my Galaxy S21
Sept. 24, 2026
AICPA 2026 virtual Cannabis Conference
by Ron Seigneur
Just fyi for anyone with clientele in the cannabis sector. The AICPA virtual two-day cannabis conference is next week on Sept 29/30. I am moderating a panel on cash flow and capital and also on the closing Ask the Experts panel. It is a solid line up of topics and speakers. Info on the agenda and speakers is at: https://events.aicpa-cima.com/CannabisConf Discount code is: CAN26
Regards,
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Ronald L. Seigneur, MBA CPA/ABV ASA CVA
Brenda M. Clarke, CPA/ABV CVA CFF
Ryan Cram, CVA
David Velasco, CVA
Christine Kemper
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Seigneur Gustafson LLP
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Last quarters thought: "Choose to be optimistic, it feels better." - Dalai Lama
One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026
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More info or to register at: https://events.aicpa-cima.com/CannabisConf
Sept. 23, 2026
Re: New SBA rules
by Ron Seigneur
The SBA should be releasing one or more technical bulletins very shortly to clarify who will be qualified to do Q of Es for SBA lending purposes, effective Oct 1, and what must be covered. From what I learned yesterday from a panel I was on including three SBA lenders I do not perceive this to be a high risk service that might be a nice service line for us BVFLS folks to focus on if we have relationships with biz brokers and SBA lenders. The ASA conference next week, which can be attended virtually for either 2 days or one day has a nice session on doing Q of E studies btw. https://www.appraisers.org/asa-international-conference
Just a piece of trivia Live Oak Lending is now fulfilling 80% of all SBA loans nationally. With Wells Fargo and Key Bank a distant 2nd and 3rd.
Ron
V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&fea…>
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Ron Seigneur
MBA CPA/ABV ASA CVA
Partner
Ron.Seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>
Seigneur Gustafson LLP
940 Wadsworth Blvd, Ste 200
Lakewood, Colorado 80214
Beyond the Number$
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Thought for the quarter: "I used to have a handle on life, but it broke" - Anonymous
Last quarters thought: "Choose to be optimistic, it feels better." - Dalai Lama
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One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026
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More info or to register at: https://events.aicpa-cima.com/CannabisConf
From: Katie Gilden <Katie(a)fiskeco.com>
Sent: Tuesday, September 22, 2026 4:18 PM
To: Karen Kaseno <kkaseno(a)gagroup.com>; Ron Seigneur <ron.seigneur(a)cpavalue.com>; ERC List Serve <listserv(a)ercllc.net>
Subject: RE: New SBA rules
Yes - I had heard this as well!!!! Thanks for sharing, Ron!
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Katie Gilden
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Direct: +1 954.361.7910
Office: +1 954.236.8600
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CONFIDENTIALITY NOTICE:
The information in this message is confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, any disclosure, copying, or distribution of the message, or any action or omission taken by you in reliance on it, is prohibited and may be unlawful. Please immediately contact the sender if you have received this message in error. Thank you.
From: Karen Kaseno via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, September 22, 2026 4:36 PM
To: Ron Seigneur <ron.seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>>; ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] Re: New SBA rules
Well that is interesting! Thanks for passing that on, Ron!
Karen
PLEASE NOTE- The Kaseno CPA Firm, LLC was acquired by GA Group on August 17, 2026. All the same people- all of the same great service-just a new name!
[Image]
www.gagroup.com<http://www.gagroup.com/>
[Image] <http://www.linkedin.com/company/great-american-group>
Karen J. Kaseno, CPA, CVA, CFE, MAFF
Managing Director
Litigation Support
Direct: (760) 753-7515
Email: kkaseno(a)gagroup.com<mailto:kkaseno@gagroup.com>
445 Marine View Avenue, Suite 300
Del Mar, CA 92014
[signatureImage][signatureImage]
________________________________
From: Ron Seigneur via Listserv <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Sent: Tuesday, 22 September 2026 13:27:03
To: ERC List Serve <listserv(a)ercllc.net<mailto:listserv@ercllc.net>>
Subject: [Listserv] New SBA rules
The new SBA rules effective October 1, require a Quality of Earnings analysis for all SBA loans over $3 million by a credentialed expert. They have not yet announced who will be qualified to do these, but it might require a CPA and it will be a huge opportunity for those willing to do this type of work. Stay tuned!
Ron Seigneur
303.980.1111
Sent from my Galaxy S21
Sept. 23, 2026
Re: art appraiser
by Ron Seigneur
Katie - I know there are a number of good fine art appraisers in ASA and I can post up an inquiry if you do not have an ASA in your shop to do so on ASA Connect.
Ron
V-card<http://cpavalue.com/cfwebstore/email/Ronald%20L.%20Seigneur.vcf>| Web site<http://www.cpavalue.com/> | Bio<http://www.cpavalue.com/cfwebstore/index.cfm?fuseaction=feature.display&fea…>
T 303.980.1111
D 720-665-9000
T 877.775.2676
F 303.308.6969
www.cpavalue.com<http://www.cpavalue.com/>
[cid:image001.jpg@01DD4B4D.3C833660]
Ron Seigneur
MBA CPA/ABV ASA CVA
Partner
Ron.Seigneur(a)cpavalue.com<mailto:ron.seigneur@cpavalue.com>
Seigneur Gustafson LLP
940 Wadsworth Blvd, Ste 200
Lakewood, Colorado 80214
Beyond the Number$
Click here<https://cpavalue.sharefile.com/r-rae8c2e26109748438e5529327a88b0a6> to send a secure file
Thought for the quarter: "I used to have a handle on life, but it broke" - Anonymous
Last quarters thought: "Choose to be optimistic, it feels better." - Dalai Lama
[cid:image002.png@01DD4B4D.3C833660] [Diagram Description automatically generated] [cid:image004.png@01DD4B4D.3C833660] [A book cover of a financial valuation AI-generated content may be incorrect.] [cid:image006.png@01DD4B4D.3C833660]
One of Forbes Top CPAs in Valuation Services in America 2025 and Top CPAs in Colorado 2026
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More info or to register at: https://events.aicpa-cima.com/CannabisConf
From: Katie Gilden via Listserv <listserv(a)ercllc.net>
Sent: Wednesday, September 23, 2026 7:25 AM
To: Karen Kaseno via Listserv <listserv(a)ercllc.net>
Subject: [Listserv] art appraiser
Has anyone worked with any good art appraisers for gift tax valuation purposes? Recommendations are greatly appreciated.
Best,
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Katie Gilden
Partner / Chief Operating Officer
Direct: +1 954.361.7910
Office: +1 954.236.8600
Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/>
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CONFIDENTIALITY NOTICE:
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Sept. 23, 2026
art appraiser
by Katie Gilden
Has anyone worked with any good art appraisers for gift tax valuation purposes? Recommendations are greatly appreciated.
Best,
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Katie Gilden
Partner / Chief Operating Officer
Direct: +1 954.361.7910
Office: +1 954.236.8600
Visit:<https://fiskeco.com/> fiskeco.com<https://fiskeco.com/>
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Please Upload files securely here<https://exchange-taxpayer.safesendreturns.com/DropOff/6wd0000f00000>
CONFIDENTIALITY NOTICE:
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Sept. 23, 2026