Trading items or services — without exchanging cash — has long been common among small businesses. Today, some use online barter exchanges to facilitate trades. In addition to preserving cash flow, these types of transactions […]
If you’ve previously obtained a formal business valuation, you might be tempted to reuse it for another purpose. This might seem like a good way to save time and money. But doing so without first […]
Taxpayers with a history of filing and paying on time may now have an easier path to receive penalty relief.
This summer, the IRS’s new Automatic Exemption […]
Disability insurance is a valuable benefit provided by many employers. It replaces a portion of the insured person’s income — typically 45% to 65% of pre-disability […]
Many small businesses start out as sole proprietorships. This structure is simple and inexpensive to establish and maintain — and it gives the owner direct access to profits without having to take formal distributions. But […]
Your business depends on consistent cash flow, making accounts receivable one of its most important assets. Unfortunately, this asset is also a frequent target of dishonest employees because the process of receiving and recording payments […]
A higher education is expensive, and many parents spend years saving up. Others haven’t had the financial bandwidth to save or have hit unexpected financial roadblocks along the way. Regardless of your situation, current tax […]
Business interruption insurance may replace lost income and reimburse certain continuing expenses after a covered event damages property and disrupts normal operations. If a fire, storm or other disaster strikes, a business valuation professional can […]
Businesses in economically distressed communities often have difficulty obtaining capital for expansion, equipment, facilities and other investments. The New Markets Tax Credit (NMTC) encourages private investment in these underserved areas by offering federal income tax […]
Mutual funds offer an easy way to invest in a diversified portfolio compared to buying individual stocks and bonds. But the tax treatment of mutual funds […]
