Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There are a couple of options to consider. Let’s take a look at a Simplified...
A well-rounded benefits package is an imperative for most employers. Although health insurance and retirement plans are the mainstays, many other fringe benefits are available for consideration. For example, dependent care Flexible Spending Accounts (FSAs) are among...
Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture. One benefit of an S corporation One major advantage of an S corporation over a partnership is that shareholders...
A business interest’s value is more than just a number to its owner. It represents years of hard work, sacrifice and investment. Owners often believe they have a clear understanding of their company’s worth. But emotions and optimism about future earnings can cloud...
Payroll is one of the biggest costs for most small to midsize employers. If this holds true for your organization, you may be looking at the year ahead with some measure of uncertainty. The Trump administration has stated that its priorities include using tariffs and...
When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs the treatment of gains and losses from the sale or exchange of certain business property. Business gain and...
