Keep family matters out of the public eye by avoiding probate
Although probate can be time consuming and expensive, one of its biggest downsides is that it’s public — anyone who’s interested can find out what assets >>
Category: News
Tax-related identity theft can happen if someone steals your personal information to commit tax fraud. As part of its “Boost Security Immunity” campaign, the IRS is >>
Get serious about your strategic planning meetings
Businesses should take strategic planning seriously. One way is to hold meetings focused on plotting your company’s future. To get the most from these gatherings, follow >>
Can a broken trust be fixed?
An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves your purposes? Is it too late >>
5 ways to take action on accounts receivable
No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong and >>
IRS audits may be increasing, so be prepared
The IRS just released audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined compared with prior years. Overall, just 0.5% of >>
Major Changes to the Child Tax Credit for 2021
The COVID-19-inspired American Rescue Plan Act made several changes to the federal child tax credit for 2021, and only for 2021. Here we outline a few >>
Are your company’s job descriptions pulling their weight?
At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years ago. They haven’t had to change or do anything, really, >>
Don’t assume your profitable company has strong cash flow
Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you make an … you probably know >>
Pondering the possibility of a company retreat
As vaccination levels rise and major U.S. population centers fully reopen, business owners may find themselves pondering an intriguing thought: Should we have a company retreat >>
