Avoid ERISA Litigation
Avoid ERISA litigation with attention to common red flags Any size retirement plan can run into serious trouble when sponsors aren’t careful. With some planning, though, your qualified retirement plan…
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More Tax Reform Details Revealed
Tax Reform Details Families and Individuals The number of tax brackets for individuals have been reduced from seven to four brackets, with the top bracket remaining at 39.6%. Preliminary break…
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Investors: Beware of the Wash Sale Rule
Don’t let the wash sale rule wash out the potential tax benefits of a capital loss. A tried-and-true tax-saving strategy for investors is to sell assets at a loss to…
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Is Your Company’s Retirement Plan as Good as It Could Be?
Many retirement plans need refining. Others need to avoid conflicts with Department of Labor rules. Provided by Dane A. Wilson, Wealth Management Advisor At times, running your business takes every…
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Ready for the new not-for-profit accounting standard?
A new accounting standard goes into effect starting in 2018 for churches, charities and other not-for-profit entities. Here’s a summary of the major changes: Net asset classifications The existing rules…
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Putting Hedging Strategies to Work for Your Business
Hedging Strategies The Financial Accounting Standards Board (FASB) recently issued some targeted improvements to its guidance that could encourage more companies to engage in hedging arrangements to minimize volatility in…
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Risk Management Framework Maximizes Upsides
How effectively do you manage risk? Businesses can’t eliminate risk, but they can manage it to maximize the entity’s economic return. A new framework aims to help business owners and…
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Thinking about Outsourcing Payroll?
Protect your Payroll and Ask for a Service Audit Report Payroll can be an administrative nightmare if done in-house, especially for smaller companies. In addition to keeping up with employee…
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Tax Reform Framework Released
Tax reform 2017 The Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance released a framework for tax reform yesterday that they hope will…
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The ABCs of the Tax Deduction for Educator Expenses
Teachers who buy supplies for their classrooms may be eligible for a tax break. At back-to-school time, much of the focus is on the students returning to the classroom —…
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