Certified Exit Planning Advisor, K.C. Smith, CFP®, explains how important it is for business owners to have a plan so they can sell their business at a maximum price with the best terms when they are ready to retire.
We explain how the payroll tax deferral could affect your business.
If you own a business and have employees working remotely, you may need to take a closer look at how nexus will be addressed.
Wealth transition and succession planning were always complicated processes—COVID-19 did not do it any favors.
The WOTC is typically worth up to $2,400 for each eligible employee, but it can be worth up to $9,600 for certain veterans and up to $9,000 for “long-term family assistance recipients.”
With jobs at a premium during the COVID-19 pandemic, you might consider hiring your children to help with your business. Financially, it makes more sense to keep family employed rather than hiring strangers, provided, of course, your family member is suitable for the job. Note, however, that wages paid to children and other relatives aren’t…
In June, the National Bureau of Economic Research announced the U.S. is officially in a recession. It’s important to take steps now to prepare and protect your finances.