Consider an installment sale when selling your business

Oct 29, 2018 | Small Business

You’ve spent years building your company and now are ready to move on to something else, whether launching a new business, taking advantage of another career opportunity or retiring. Whatever your plans, you want to get the return from your business that you’ve earned...

Will your employee travel reimbursements pass IRS muster?

Oct 22, 2018 | Small Business

Does your business reimburse employees’ work-related travel expenses? If you do, you know that it can help you attract and retain employees. If you don’t, you might want to start, because changes under the Tax Cuts and Jobs Act (TCJA) make such reimbursements even...

529 plans offer two tax-advantaged education funding options

Oct 15, 2018 | Individuals

Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid tuition plans, and 2) savings plans. And one of these plans got even better under the Tax Cuts and Jobs Act (TCJA). Enjoy valuable income tax...

Reduce the tax risk of using independent contractors

Oct 8, 2018 | Small Business

Classifying a worker as an independent contractor frees a business from payroll tax liability and allows it to forgo providing overtime pay, unemployment compensation, and other employee benefits. It also frees the business from responsibility for withholding income...

Using insurance to manage your nonprofit’s risk

Oct 1, 2018 | Nonprofits

Insurance is the cornerstone of any not-for-profit’s comprehensive risk management plan. It can’t protect your organization from every contingency, but it’s critical to protecting the people, property, funds, and support you depend on. Must-have insurance policies...