Feb 22, 2021 | Small Business
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. But analysts expect it to improve in 2021 as the country comes out of the pandemic. If you are considering buying or selling another business, it’s important to understand the tax...
Jun 29, 2020 | Individuals
If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death won’t be included in your estate. That way, the benefits won’t be subject to the federal estate tax. Under the estate tax...
Jun 22, 2020 | Small Business
For business owners, succession planning is ideally a long-term project. You want to begin laying out a smooth ownership transition, and perhaps grooming a successor, years in advance. And you shouldn’t officially hand over the reins until many minute details have...
Jun 15, 2020 | Small Business
Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and liability coverage. For a company with more than one owner, there’s an additional type of risk-management arrangement that needs to be established: a...
Dec 31, 2018 | Small Business
Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks, especially if you own a pass-through entity. But you also should look out for your own financial future. For example, you...