Pay Attention To These 6 Tax-related Items in 2024
What's the tax outlook for manufacturers as 2024 begins? While certain provisions of the Tax Cuts and Jobs Act (TCJA) begin to phase out, other tax laws, including the Inflation Reduction Act (IRA) and the Read More
Jan 02, 2024
How Construction Company Owners Can Build a Succession Plan Framework
At some time or another, construction company owners must hang up their hard hats. But what will happen to your business when you retire or move on to the next professional opportunity? And what if Read More
Jan 02, 2024
Is Your Business Subject to the New BOI Reporting Rules? Due March 21, 2025
Starting January 1, 2024, an anticipated 32.6 million businesses will be required to comply with new beneficial ownership information (BOI) reporting rules under the Corporate Transparency Act (“CTA”). BOI reporting involves the disclosure of information Read More
Dec 06, 2023
Construction Companies: Lean Into Tech to Optimize Accounting and Financial Management
The construction industry is renowned for its quality craftsmanship. However, it's also sometimes known for a historical reluctance to adopt new technology. When it comes to your construction company's accounting and financial management, there's never Read More
Dec 05, 2023
Year-End Review of S Corp Compensation: Stay on the Right Side of the IRS
With 2024 right around the corner, your shareholders might be thinking about year-end bonuses or distributions. Before doing so, it's important to review the potential tax implications and requirements. Distributions vs. Bonuses S corporations Read More
Dec 04, 2023
7 Fringe Benefits for Nonprofit Employers to Offer
One of the biggest challenges facing not-for-profit organizations is finding and retaining top-quality talent. It's hard enough to overcome the perception — often a misconception — that nonprofits don't pay their employees nearly as well Read More
Dec 02, 2023
Thinking Beyond the Paystub: 4 Best Practices for Maximizing Labor ROI
Economic uncertainty and challenging market conditions like the current environment often have business owners reaching for the calculator and thinking about their labor costs. It’s not an unreasonable instinct in tough times: labor costs are Read More
Nov 29, 2023
Overcoming Stagnant Growth: Strategies to Break Free From a Business Plateau
Plateaus are a normal event in the life cycle of any business, but that doesn’t make them any less frustrating. What was once an effective driver of revenue and growth can suddenly stop working leading Read More
Nov 28, 2023
5 Ideas to Help Small Business Owners Reduce Taxes for 2023
As year end approaches, small business owners should review their tax situations to determine ways to lower federal income taxes for the current tax year — and beyond. Fortunately, no significant unfavorable federal tax law Read More
Nov 21, 2023
Ensuring Profitability as Your Veterinary Practice Grows
In a thriving pet care industry valued at nearly $36 billion, increasing profitability while growing your veterinary practice can be a challenging endeavor. The path to growth is not just about increasing revenue but understanding Read More
Nov 08, 2023