1.3.19
Installment Sales: A Viable Option for Transferring Assets
Are you considering transferring real estate, a family business or other assets you expect to appreciate dramatically in the future? If so, an installment sale…
12.28.18
Fraudulent Transfer Laws Could Sabotage Your Estate Plan
Estate planning aims to help individuals achieve several important goals — primary among them, transferring wealth to loved ones at the lowest possible tax cost.…
12.28.18
A Refresher on Major Tax Law Changes for Small-Business Owners
The dawning of 2019 means the 2018 income tax filing season will soon be upon us. After year end, it’s generally too late to take…
12.28.18
How Gift Card Scammers Target Companies — and What You Can Do
Gift cards offer businesses a convenient way to reward employees and thank customers. However, as the FBI recently warned, gift card scams specifically targeting companies…
12.27.18
Bogus Vendors May Be Costing Your Company a Bundle
Are you harboring fictitious vendors in your accounting system? These are vendors invented by an employee — usually someone with the authority to approve invoices…
12.27.18
Business Owners: An Exit Strategy Should Be Part of Your Tax Planning
Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks…
12.20.18
Revenue Recognition – Ready or Not, Here it Comes!
With the beginning of 2019, the new revenue recognition standard for contracts with customers is now effective for all entities, including private businesses. Under the…
12.18.18
Carefully Weigh the Pros and Cons of Automation
Manufacturers and distributors face rising costs of labor and benefits, burdensome government regulations and a shortage of skilled workers. In light of these human resource…
12.18.18
Are Your Prices Too High, Too Low or Just Right?
Manufacturers tend to base product prices on direct production costs. Then they occasionally adjust prices for inflation or when the costs of raw materials or…
12.18.18
Essential Tips for Managing Your Construction Company’s Inventory
Construction and inventory don’t always go hand in hand, but it’s important to understand your company’s cost to acquire products as your largest expense. For…