Do You Have the Correct Amount of Insurance?
As risk management consultants, we don't sell insurance. Instead, we analyze a company's exposure to loss and recommend the best procedures and...
To help you understand the implications of the recent Corporate Transparency Act
We have prepared a selection of frequently asked questions.
Consultants Can Help Your Business Achieve Success
Like business executives, you may have expertise in marketing, production and sales. Yet the short and long-term profitability of your company relies...
1 min read
Assets with Sentimental Value Require Extra Planning
When planning your estate, you’re likely focused on major assets, such as real estate, investments and retirement plans. But it’s also important to...
2 min read
Bartering: A Taxable Transaction Even If Your Business Exchanges No Cash
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering, be...
1 min read
Create a Plan for Family Business Succession
Sooner or later, it will be time to "hand over the reins" to the younger generation. But it's not as simple as walking out the door at retirement...
1 min read
Starting a New Business or Organization
When starting a new venture, there are a variety of entity choices -- although some will be easily ruled out based on your operation. Most entities...
2 min read
Which Entity Is Most Suitable for Your New or Existing Business?
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax...
2 min read
If Your Kids Are off to Day Camp, You May Be Eligible for a Tax Break
Now that most schools are out for the summer, you might be sending your children to day camp. It’s often a significant expense. The good news: You...
1 min read
Key Questions to Ask Before Joining Another Business
Merging with another company can be the most efficient way to grow -- if you plan carefully. Failed mergers and acquisitions are often the result of...
2 min read
Leave Your Mark with a Dynasty Trust
If a prime objective of your estate plan is to leave a lasting legacy, a dynasty trust may be the right estate planning vehicle for you. And, thanks...
2 min read
It’s a Good Time to Check Your Withholding and Make Changes, If Necessary
Due to the massive changes in the Tax Cuts and Jobs Act (TCJA), the 2019 filing season resulted in surprises. Some filers who have gotten a refund in...
2 min read
Hire Your Children This Summer: Everyone Wins
If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits. The kids...
1 min read
Beware If Your Estate Plan Leaves Specific Assets to Specific Heirs
Planning your estate around specific assets is risky and, in most cases, should be avoided. If you leave specific assets — such as homes, cars or...