Part of our job as advisors is explaining important issues in the simplest possible terms and laying out possible strategies and solutions. We’re not looking to confuse you—we’re here to enlighten you and expand your understanding. Bookmark this page or subscribe to our weekly newsletter for a steady stream of helpful articles.
Luxurious vacation properties in upscale areas often appreciate significantly in value compared to what the owners paid for them. While this is beneficial, tax implications need to be considered. Here
It’s not unusual for a partner to have expenses related to the business. This happens more often in service partnerships such as architecture or a law firm. For instance, partners
Outsourcing has become an increasingly popular strategy for organizations aiming to allocate resources strategically. While the decision for outsourcing payroll management can vary depending on factors such as organization size,
The U.S. Department of Labor (DOL) has recently announced significant changes to the regulations governing overtime pay eligibility, impacting millions of American workers. Let’s dive into the key aspects of
Working together can bring out the best and worst in family dynamics. Here are some key considerations that valuation experts take into account when assessing these family-owned entities. Family Members
Having accurate, timely financial information is important in decision making for executives, board members, investors, and other stakeholders. But not everyone who reads your financial statements will understand the numbers
In many workplaces, the human resources (HR) department is the face of the employer. HR departments are the ones who generally communicate new employment policies and are in charge of
For businesses, finding affordable health insurance for employees is always a challenge. Generally, you have two options: fully insured or self-funded. With a fully insured plan, you buy from an
The United States is entering the most natural-disaster-prone time of the year. With tornadoes and hurricanes more likely to happen, non-profit organizations are getting ready to provide aid to disaster
It’s not uncommon for people to address in their estate plan the fact that they could become physically incapacitated and unable to make critical medical decisions themselves. They do this
For the third consecutive year, the IRS has provided guidance that gives some relief to taxpayers who fall under the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs
When employees commit fraud, they generally try to keep the schemes going as long as possible by hiding their illegal activities from others. The success of these thieves depends primarily
Our CPAs and advisors are a great resource if you’re ready to learn even more.
