Practice the fine art of inclusion at your holiday gatherings

Practice the fine art of inclusion at your holiday gatherings It’s that time of year, business owners — a time when you’re not only trying to wind down the calendar in profitable fashion, but also preparing year-end financials and contemplating next year’s budget. And amidst all this, you likely have a holiday employee gathering to […]

December 14, 2017


7 last-minute tax-saving tips

7 last-minute tax-saving tips The year is quickly drawing to a close, but there’s still time to take steps to reduce your 2017 tax liability — you just must act by December 31: Pay your 2017 property tax bill that’s due in early 2018. Make your January 1 mortgage payment. Incur deductible medical expenses (if […]

December 13, 2017


Accrual-basis taxpayers: These year-end tips could save you tax

Accrual-basis taxpayers: These year-end tips could save you tax With the possibility that tax law changes could go into effect next year that would significantly reduce income tax rates for many businesses, 2017 may be an especially good year to accelerate deductible expenses. Why? Deductions save more tax when rates are higher. Timing income and […]

December 11, 2017


Valuation often affects succession plans in hard-to-see ways

Valuation often affects succession plans in hard-to-see ways Any business owner developing a succession plan should rightfully assume that regular business valuations are a must. When envisioning the valuation process, you’re likely to focus on its end result: a reasonable, defensible value estimate of your business as of a certain date. But lurking beneath this […]

December 7, 2017


ACA taxes that may apply to your exec comp

ACA taxes that may apply to your exec comp If you’re an executive or other key employee, you might be rewarded for your contributions to your company’s success with compensation such as restricted stock, stock options or nonqualified deferred compensation (NQDC). Tax planning for these forms of “exec comp,” however, is generally more complicated than […]

December 6, 2017