Privately Held & Family Owned Businesses

Navigating the Tax Implications of Remote Work: An Essential Guide for Business Owners

July 28, 2023

As we increasingly embrace the post-pandemic era, the world of work has undergone a significant shift. Many companies have opted for remote work models, dispersing…

Common Control Entities and Lease Accounting Methods

April 23, 2023

The new lease accounting methods have been an important topic for businesses over the last few years. Determining if an enforceable lease exists is an…

5 Common Mistakes Your Tax Return May Reveal

March 24, 2023

What does your tax return say about your financial situation? The paperwork you file each year offers excellent information about how you are managing your…

Secure Act 2.0 Updates Retirement Plans Starting in 2023

January 12, 2023

The new Secure Act 2.0 legislation expands upon the Secure Act of 2019 with updates to retirement savings plans across the country. Here’s what you…

Take Control of Your Legacy: Planning for Generational Wealth Transfer

November 29, 2022

The Silent Generation and Baby Boomers are incredibly fortunate generations—and so might be their heirs. Cerulli’s U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2021 report predicts these…

I Bonds Can Help You Tackle Inflation, But You Must Know the Rules

August 15, 2022

With inflation rates reaching historical highs and driving up the cost of doing business, business owners are seeking out creative ways to fight inflation. The…

Are You Up to Date on Travel Deductions as Business Travel Returns?

July 13, 2022

Business travel is back.   COVID restrictions have eased, and in-person conferences are back on the calendar. And as more people return to offices, companies are…

Don’t Overlook Cyber Insurance to Protect Cloud-Based Accounting

July 13, 2022

Technology has long made accounting easier, from the first adding machines to electronic spreadsheets to today’s cloud computing ecosystem. While recent advancements have allowed business…

IRS Increases Mileage Rates Reimbursements for Second Half of 2022

June 14, 2022

The Internal Revenue Service will raise the optional standard mileage rate for the final six months of 2022 to help offset the rise in gas…

Informed Project Forecasting Can Take the Sting Out of Inflation

June 10, 2022

Record levels of inflation are weighing on the construction industry when contractors are already feeling the squeeze from labor and supply shortages. According to Associated…