Bookings vs. shippings: A sales flash report primer

Bookings vs. shippings: A sales flash report primer Do bad sales months often take you by surprise? If so, don’t forget the power of flash reports — that is, snapshots of critical data for quick, timely viewing every day or week. One specific way to use them is to track bookings vs. shippings. Doing so […]

June 14, 2018


Factor in state and local taxes when deciding where to live in retirement

Factor in state and local taxes when deciding where to live in retirement Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes should factor into your decision. Income, property and sales tax Choosing a state that has no personal income tax may appear to […]

June 13, 2018


Putting your child on your business’s payroll for the summer may make more tax sense than ever

Putting your child on your business’s payroll for the summer may make more tax sense than ever If you own a business and have a child in high school or college, hiring him or her for the summer can provide a multitude of benefits, including tax savings. And hiring your child may make more sense […]

June 11, 2018


4 ways to encourage innovation in customer service

4 ways to encourage innovation in customer service When business people speak of innovation, the focus is usually on a pioneering product or state-of-the-art service that will “revolutionize the industry.” But innovation can apply to any aspect of your company — including customer service. Many business owners perceive customer service as a fairly cut-and-dried affair. […]

June 7, 2018


Saving tax on restricted stock awards with the Sec. 83(b) election

Saving tax on restricted stock awards with the Sec. 83(b) election Today many employees receive stock-based compensation from their employer as part of their compensation and benefits package. The tax consequences of such compensation can be complex — subject to ordinary-income, capital gains, employment and other taxes. But if you receive restricted stock awards, you […]

June 6, 2018