Transition Planning With The Four D’s
Heart attack, auto accident, illness, a resignation, family dispute. Most of these unanticipated, but by no means unusual or uncommon events, fall under ‘The 4Ds’ – Death, Divorce, Disability or...
View ArticleClik here to view.
Business Financial Statements… Yawn. Key Performance Indicators… Wake Up!
Financial statements can be boring. Yes I, the accountant, admit that financial statements are boring. And financial statements can be worth less than the paper on which they are printed if you...
View ArticleAre you on the same page as your business partners?
This is one of the most challenging areas of running a business. Not simply understanding what you want, and identifying what needs to happen for you to achieve it: but also having a clear...
View ArticleBusiness planning and business strategy doesn’t have to be complicated!
When you start out in business, ‘setting strategy’ is hardly the first thing that comes to mind. You have a product or a service that you can sell, and you focus all your time and energies on getting...
View ArticleHow’s Your Succession Planning Coming?
Are you starting to think, ‘What will happen next in my business?’ Whether you’ve been running the business a long time and you’re ready for something new, or you’re getting older and it’s nearing the...
View ArticleHow do I? Set up a like-kind exchange
Under Code Sec. 1031, a taxpayer can make a tax-free exchange of property held for productive use in a trade or business or for investment. The exchange must be made for other property that the...
View ArticleFAQ: What is the Roth IRA contribution limit for 2016?
Individuals may contribute up to $5,500 to a traditional and a Roth IRA for 2016. This is the same limit as 2015. An individual age 50 and older can make a catch-up contribution of an additional $1,000...
View ArticleIRS offers guidance on taxation of phased retirement payments
Phased retirement has become an increasingly popular trend lately. Along with its increased use, however, a number of questions have arisen. The IRS recently has issued guidance for determining the...
View Article