7.12.24
Business Owners: Understanding Value Is Key To Updating Your Estate Plan
Summer is a great time for business owners to review their estate plans. Maybe your kids are home for summer break, so they’re top of…
7.8.24
Selling Trade or Business Property? Know the Tax Effects
If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply.…
7.1.24
Consider Borrowing From Your Corporation but Structure the Deal Carefully
If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank.…
6.24.24
2024 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2024. Keep in mind that this list…
6.24.24
What Distressed Property Owners Might Expect From the IRS
The commercial real estate market has been rough for some time, and the residential market has seen wild fluctuations. Factors like inflation, high interest rates…
6.21.24
Secure 2.0: Which Provisions Went Into Effect in 2024?
The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in December 2022, bringing more than 90 changes to retirement plan…
6.20.24
Key Financial Ratios That Will Improve Your Manufacturing Business
Financial ratios in the manufacturing industry serve as important navigational tools that help management evaluate the economic health and company trajectory. They provide an understanding…
6.18.24
Contractors, Keep an Eye on Where AI Is Headed
Artificial intelligence (AI) has been receiving plenty of press coverage lately, some of it positive and some of it negative. The truth is, like many…
6.18.24
Construction Business Owners Avoid These Two Common Accounting Problems
For construction companies, accounting isn’t as simple as just balancing the books every month. Contractors tend to have multiple projects underway at various stages of…
6.17.24
Can Your Manufacturing Company Benefit From a Cost Segregation Study?
When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can’t be immediately deducted for tax purposes. Fortunately,…