4 Pillars of Mid-Year Business Planning
Manufacturing firms normally create a business plan at year end that focuses on the upcoming year. However, today's market conditions are anything but "normal." So, it's important to take the time this summer to revisit Read More
Jun 24, 2021
Preventing Theft of Your Business’s Trade Secrets
With millions of U.S. employees still working from home, companies' intellectual property (IP) is at greater-than-usual risk of theft, loss or compromise. IP includes trademarks, copyrights, patents and, the most common IP asset, trade secrets. Read More
Jun 24, 2021
Supreme Court Finds No Standing to Challenge a Provision of the ACA
A number of states and individual taxpayers sought to challenge the constitutionality of a provision in the Affordable Care Act (ACA). In a 7-2 decision, the U.S. Supreme Court has ruled that both the state Read More
Jun 24, 2021
Where Is My 2020 Tax Refund?
Where’s my 2020 tax refund? If you are asking this question you are not alone. In May 2021, the Tax Advocate Service provided an update stating the IRS has struggled to handle a recent backlog Read More
Jun 19, 2021
Labor Shortage: Unlock Solutions by Evaluating Your Employment Value Proposition
In normal market conditions, people who've been unemployed due to an economic slump are generally eager to take a job when the economy perks up. But times are far from normal in many places and Read More
Jun 09, 2021
7 Valuable Deductions for Self-Employed Individuals
If your business was forced to close due to the pandemic, you may be itching to get back in the game. Or maybe you're looking to fulfill a lifelong dream of running a business for Read More
Jun 09, 2021
How to Approach Succession Planning
Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinking of it as a project they'll get to "someday." But that's Read More
May 27, 2021
Material Participation Standard is the Key to Unlocking LLC Tax Losses
Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity loss (PAL) rules can limit an owner's ability to currently deduct tax losses thrown off by passive Read More
May 27, 2021
How Landlords Can Cope with Pandemic Fallout
How can tenants pay their regular monthly rent bills if they're out of job? As unemployment skyrocketed due to the COVID-19 pandemic, Congress enacted a series of laws designed to provide relief to renters and Read More
May 27, 2021
As the Economy Warms Up, Will You Be Ready?
Preparing for a surge in demand for your business's products and services doesn't mean you have to go out on a financial limb. But some contingency planning may be in order. The Federal Reserve Bank Read More
May 27, 2021