by Sarah Boehle Pool | Aug 8, 2024 | Latest News
3 areas of focus for companies looking to control costs Controlling costs is fundamental for every business. But where and how to address this challenge can change over time based on various economic and logistical factors. Earlier this year, global consultancy Boston...
by Sarah Boehle Pool | Aug 7, 2024 | Latest News
Planning your estate? Don’t overlook income taxes The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a much smaller exemption resulted in many people...
by Sarah Boehle Pool | Aug 5, 2024 | Latest News
Be aware of the tax consequences of selling business property If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply. To simplify this discussion, let’s assume that...
by Sarah Boehle Pool | Aug 1, 2024 | Latest News
Could a 412(e)(3) retirement plan suit your business? When companies reach the point where they’re ready to sponsor a qualified retirement plan, the first one that may come to mind is the 401(k). But there are other, lesser-used options that could suit the distinctive...
by Sarah Boehle Pool | Jul 31, 2024 | Latest News
Certain charitable donations allow you to avoid taxable IRA withdrawals If you’re a philanthropic individual who is also obligated to take required minimum distributions (RMDs) from a traditional IRA, you may want to consider a tax-saving strategy. It involves making...
by Sarah Boehle Pool | Jul 29, 2024 | Latest News
Consider borrowing from your corporation but structure the deal carefully If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank. But it’s important to avoid certain risks and charge an...
