Why Levels of Value Matter In A Business Valuation
The value of a business can vary based on the purpose of its valuation and the features of the ownership interest involved. Before a business valuation can begin, it’s crucial
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Did You Know You Can Use QuickBooks To Prepare 2024 Budgets & Forecasts?
With year-end quickly approaching, many businesses and non-profits are planning for 2024. QuickBooks® offers budgeting and forecasting capabilities designed to assist management in making financial predictions and evaluating ‘what if’
Tips For Capturing Effective Board Meeting Minutes
If you believe the documented minutes of your non-profit’s board meetings are merely a formality, think again. These minutes can become crucial documents, especially in situations such as an IRS
A New Retirement Benefits Solution for Smaller Companies: Pooled Employer Plans (PEPs)
In today’s competitive recruiting landscape, most organizations need to offer a solid benefits package to attract and retain talent. Otherwise, they are likely to fall behind in the competition and
It’s Critical For Parents Of Young Children To Name A Guardian
If you have young children, you’ve already thought a lot about raising your kids, ranging from their school and activities to their religious upbringing. But have you thought about who
The Key 2024 Inflation-Adjusted Federal Tax Amounts For Individuals
Recently, the IRS announced several 2024 inflation-adjusted federal tax amounts that affect individual taxpayers. Most of the federal income tax rate bracket thresholds are about 5.4% higher than for 2023.
The Key 2024 Inflation-Adjusted Tax Parameters For Small Businesses & Their Owners
Recently, the IRS announced several inflation-adjusted federal income tax amounts. Here’s an overview of the amounts most likely to affect small businesses and their owners. Rates & Brackets If you
What Can Your Business Do About Residual Risk?
If business owners and executives regularly analyze risk, they can better understand and manage the likelihood and potential impact of fraud. Generally, inherent and residual are the two types of
Is Your Organization Adequately Educating Employees About Retirement?
In today’s workforce, most employers are expected to provide a retirement savings plan for their employees. For many years, offering up the plan itself was simply the only expectation. However,
The Offsetting Rules: Here’s What You Need To Know
In the current uncertain economic landscape, companies delving into hedging strategies may find it necessary for management to familiarize themselves with the accounting regulations governing offsets. Here are the basics