12.21.21
Should Manufacturers Buy or Lease Equipment?
If your business is in a position to acquire equipment or machinery, management faces a tough decision: Should you lease it, or should you buy…
12.21.21
Taking Marketability Discounts on Controlling Interests
In a business valuation context, the term “marketability” refers to the ability to quickly convert property to cash at minimal cost. While publicly traded stocks…
12.21.21
Providing a Company Car? Here’s How Taxes Are Handled
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax deductions for…
12.20.21
Diversity in Manufacturing Offers Many Benefits
As the U.S. population continues to grow more diverse, many manufacturers are adapting their workforces to reflect that diversity. And while diversity for its own…
12.20.21
Get Your Piece of the Depreciation Pie Now With a Cost Segregation Study
If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost…
12.17.21
The Tax Implications of Owning a Corporate Aircraft
If your business is successful and you do a lot of business travel, you may have considered buying a corporate aircraft. Of course, there…
12.10.21
Protecting Your Business From the “Inside Job”
Have you ever read a media account about a dishonest employee accused of fraud at another company and thought, “I hope that never happens here”?…
12.10.21
What Goes Into a Fraud Damages Calculation?
At first glance, calculating restitution for fraud damages may seem relatively simple. If someone steals $10,000 from a company, that person should repay that amount,…
12.10.21
Check Kiting Is No Game
Despite the business community’s rapid adoption of digital payment methods, some companies continue to rely on paper checks. But there’s a long-standing problem with checks:…
12.10.21
How Business Owners Can Comply With New Financial Crime Regulation
Earlier this year, the Corporate Transparency Act (CTA) became the latest law intended to foil financial crime. This law is part of the National Defense…