New Study Finds Rising Health Benefit Costs
Consumer prices jumped 7% in 2021, according to the U.S. Department of Labor. Unfortunately, health benefit costs incurred by small employers increased at an even higher rate — 9.6% — according to the health benefits Read More
Feb 03, 2022
How Fast Can You Write off a Business Vehicle?
The federal income tax rules for depreciating vehicles used for business are complicated. And different rules apply to different categories of vehicles. Special limitations apply to vehicles that are classified as passenger autos, including many Read More
Dec 02, 2021
Avoiding the Profitability Threat of Stagnant Pricing
There are many threats to business profitability and long-term success. Some of them hide behind numbers that look favorable on the surface. Others are easier to spot but difficult to implement. A third category of Read More
Nov 10, 2021
Are Your Revenues Creating a False Sense of Profitability?
Unlike revenues, profitability can be a tricky metric for business owners. Growing your profitability is generally – and ideally – a long-term goal but unprofitability has a way of hiding in short-term numbers. If you’re Read More
Nov 09, 2021
Overcoming Hidden Threats to Business Profitability
As any owner can tell you, running a business is almost always harder than you think it’s going to be. It’s not just the difference between having a business plan and operating a business under Read More
Sep 17, 2021
Don’t Run Afoul of Private Inurement Rules
Most not-for-profit executives are aware of the prohibition against private inurement. Generally, nonprofit directors and executives — and their family members — aren't allowed to personally benefit from their positions while putting their organization at Read More
Aug 04, 2021
Mid-Year Financial Business Planning for Opportunities
It’s halfway through the year, how is your business doing? Even if you are challenged with supply chain woes, hiring challenges, and tough financial decisions, there’s still time to ensure that you have a great Read More
Jul 30, 2021
What Your Numbers Are Saying: Are You Listening?
Part 2: How Attractive Is Your Balance Sheet?
Most business owners take time each month to review the balance sheet. But are you using your balance sheet to make decisions for your business? What truly makes for a strong balance sheet? (hint: it’s Read More
Jul 19, 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
What Your Numbers Are Saying: Are You Listening?
Part 1: Do You Know Your Profitability?
When evaluating the financial health of your business, it’s important to look at a variety of indicators – but how can you be sure you have the right numbers? Are you as profitable as you Read More
Jun 09, 2021