10.18.24
Is Your Buy-Sell Agreement Up to Date?
A buy-sell agreement is a critical tool for owners of closely held manufacturing companies. It ensures an orderly ownership and management transition when an owner…
10.18.24
Managing Workers’ Compensation and Unemployment Insurance Costs
Managing workers’ compensation and unemployment insurance costs is crucial for manufacturers to maintain financial stability. Indeed, without plans in place to keep these two labor-related…
10.18.24
Manufacturers: Implement Year-End Tax Planning Strategies Now To Reduce Your 2024 Tax Bill
As the year draws to a close, it’s generally manufacturers’ last chance to implement strategies to reduce their 2024 tax liability. Several provisions of the…
10.14.24
How Market Uncertainty Can Affect Business Value
Businesses face uncertain conditions today, including geopolitical and cybersecurity risks, inflation concerns, environmental issues, and a lack of clarity about future tax laws and interest…
10.14.24
An IRA Withdrawal Strategy With Tax-Reducing Power
As the year winds to a close in just a couple of months, your chance to lower your 2024 tax bill also winds down. Certain…
10.14.24
When Is Employer-Provided Life Insurance Taxable?
If the fringe benefits of your job include employer-paid group term life insurance, a portion of the premiums for the coverage may be taxable. And…
10.14.24
The Rise of Check Kiting and Other Check Fraud
While the use of paper checks has greatly diminished, thieves still view them as a source for stealing revenue. In fact, the Financial Crimes Enforcement…
10.14.24
Boost Morale and Save Taxes With Achievement Awards
Some small businesses struggle with employee morale for a variety of reasons, one of which may be economic uncertainty. If you want to boost employees’…
10.14.24
Worried About an IRS Audit? Prepare in Advance
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates…
10.8.24
Ease the Financial Pain of Natural Disasters With Tax Relief
Hurricane Milton has caused catastrophic damage to many parts of Florida. Less than two weeks earlier, Hurricane Helene victimized millions of people in multiple states…