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How to research a business customer’s creditworthiness

by Sarah Boehle Pool | Nov 28, 2019 | Latest News

How to research a business customer’s creditworthiness Extending credit to business customers can be an effective way to build goodwill and nurture long-term buyers. But if you extend customer credit, it also brings sizable financial risk to your business, as cash...

Uncle Sam may provide relief from college costs on your tax return

by Sarah Boehle Pool | Nov 27, 2019 | Latest News

Uncle Sam may provide relief from college costs on your tax return We all know the cost of college is expensive. The latest figures from the College Board show that the average annual cost of tuition and fees was $10,230 for in-state students at public four-year...

Thinking about converting from a C corporation to an S corporation?

by Sarah Boehle Pool | Nov 25, 2019 | Latest News

Thinking about converting from a C corporation to an S corporation? The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations can provide substantial tax advantages over C corporations in some circumstances, there...

At the very least, update the financials in your business plan

by Sarah Boehle Pool | Nov 21, 2019 | Latest News

At the very least, update the financials in your business plan Every new company should launch with a business plan and keep it updated. Generally, such a plan will comprise six sections: executive summary, business description, industry and marketing analysis,...

IRA charitable donations are an alternative to taxable required distributions

by Sarah Boehle Pool | Nov 20, 2019 | Latest News

IRA charitable donations are an alternative to taxable required distributions Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by...
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