Companies often rely on estimates made by management when reporting financial results. Examples include the allowance for doubtful accounts, warranty obligations, costs of pending litigation, goodwill impairment, and the fair
A buy-sell agreement should be a critical component of your estate and succession plans if you own interest in a business. These agreements provide for the orderly disposition of each
It’s a question every business tries to find the answer to: how can we cut costs? Every business wants to find ways to save money, but it’s rarely easy. So,
Endowments can be a major responsibility for non-profits. It generally important that these investments be managed by a financial expert, and your organization must adhere to certain regulations. This is
On January 23, the IRS announced it opened the 2023 individual income tax return filing season and began accepting and processing 2022 tax year returns. Even if you don’t usually
By: Sara E. Choate, SPHR, SHRM-SCP Raise your hand if this feels familiar: outside of extracurriculars or a vocational education program, your K-12 experience was generally consistent with your peers.
When valuing a private business, there are two techniques that fall under the income approach umbrella. They are the discounted cash flow (DCF) method and the capitalization of earnings method.
As the 2023 filing season deadline approaches, remember that the deadline for businesses to file information returns for hired workers is even closer. Employers must file these forms by January
Many believe the term “quiet quitting” came from TikTok. If you’ve heard or read the term used recently, you might be wondering the meaning behind the phrase and why it
Passing as much of your wealth as possible to your family may be one of your primary estate planning goals. That means sheltering your estate from gift and estate taxes.
