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Whether your business is a family-run operation, a partnership among friends, or a multi-owner enterprise, a buy-sell agreement helps protect it in potentially disruptive “what if” scenarios. These scenarios could
Onboarding is more than just paperwork; it’s an opportunity to set the right tone for every new employee’s experience in your workplace. The primary objectives of this process are to
With new tariff structures and global trade relationships, businesses are working to identify supply chain costs and plan for inventory. As details of future U.S. trade agreements with other countries
Members of the sandwich generation — those who find themselves simultaneously caring for aging parents while supporting their own children — face unique financial and emotional pressures. One often overlooked,
Only some non-profit organizations are required to conduct independent annual audits. For example, if a non-profit receives more than a specific amount in charitable donations, the federal government and many
Today’s businesses have numerous tax-advantaged accounts or arrangements they can sponsor to help employees pay eligible medical expenses. One of them is a health reimbursement arrangement (HRA). Under an HRA,
Annual fraud risk assessments can be very effective in finding obvious fraud threats and documenting internal controls that are in place to reduce them. However, if bad actors exploit them,
After a loved one passes away, you may inherit assets. If so, they often arrive with a valuable — but frequently misunderstood — tax benefit called the step-up in basis.
Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, the financial commitment and administrative burdens involved are causing you concern. There are a couple
Wellness programs are a firmly established way for employers to educate employees about physical, mental, and emotional well-being while providing ways to engage in healthful behaviors. Typically, these programs include:
Property, plant, and equipment (PPE) assets aren’t immediately expensed under U.S. Generally Accepted Accounting Principles (GAAP). Instead, they’re capitalized on your organization’s balance sheet and gradually depreciated over their useful
If you’re considering making asset transfers to your grandchildren or great grandchildren in your estate plan, be sure to address the federal generation-skipping transfer (GST) tax. This tax ensures that
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