Cash Balance Plans
More professional practices (and practice groups) should look into Cash Balance Plans. Provided by Dane A. Wilson, Wealth Management Advisor In corporate America, pension plans are fading away: 59% of…
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Bonus Depreciation and the TCJA
The TCJA temporarily expands bonus depreciation The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily…
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Time for Strategic Planning
You must find time for strategic planning As a business owner, you know that it’s easy to spend nearly every working hour on the multitude of day-to-day tasks and crises…
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2018 Q1 Tax Calendar
Key tax deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind…
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Tax and Year-end Charitable Giving in 2017
What you need to know about year-end charitable giving in 2017 Charitable giving can be a powerful tax-saving strategy: Donations to qualified charities are generally fully deductible, and you have…
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Do your financial statements contain hidden messages?
Do you “Read” your financial statements? Over time, many business owners develop a sixth sense: They learn how to “read” a financial statement by computing financial ratios and comparing them…
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Demystifying the Audit Process
Audit and You Independent auditors provide many benefits to business owners and management: They can help uncover errors in your financials, identify material weaknesses in your internal controls, and increase…
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Moving 2018 Property Tax Payment to 2017
Why you may want to accelerate your property tax payment into 2017 Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good…
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Risk Management and Your Business
Fortifying your Business with Enterprise Risk Management Hundreds of years ago, prosperous towns managed the various risks of foreign invaders, thieves and wild animals by fortifying their entire communities with…
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GAAP vs. Tax-Basis Reporting
GAAP vs. tax-basis reporting: Choosing the right model for your business Virtually every business must file a tax return. Some private companies choose to issue tax-basis financial statements, rather than…
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