by Sarah Boehle Pool | May 15, 2023 | Latest News
Key tax issues in M&A transactions Merger and acquisition activity dropped dramatically last year due to rising interest rates and a slowing economy. The total value of M&A transactions in North America in 2022 was down 41.4% from 2021, according to S&P...
by Sarah Boehle Pool | May 11, 2023 | Latest News
3 ways your business can uncover cost cuts Every business wants to find them, but they sure don’t make it easy. We’re talking about cost cuts: clear and substantial ways to lower expenses, thereby strengthening cash flow and giving you a better shot at strong...
by Sarah Boehle Pool | May 10, 2023 | Latest News
Awarded money in a lawsuit or settlement? It’s only tax-free in certain circumstances You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it. For example, compensatory awards and judgments for “personal...
by Sarah Boehle Pool | May 8, 2023 | Latest News
Have employees who receive tips? Here are the tax implications Many businesses in certain industries employ individuals who receive tips as part of their compensation. These businesses include restaurants, hotels and salons. Tip definition Tips are optional payments...
by Sarah Boehle Pool | May 4, 2023 | Latest News
Is now the time for your small business to launch a retirement plan? Many small businesses start out as “lean enterprises,” with costs kept to a minimum to lower risks and maximize cash flow. But there comes a point in the evolution of many companies — particularly in...
by Sarah Boehle Pool | May 3, 2023 | Latest News
Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take an early withdrawal. What’s considered early? In general,...
