Oct 18, 2021 | Advisory, Blog, Tax
Many individuals set aside sizeable amounts of money for retirement with plans to use the funds to pay off their mortgages. However, you have more than one option for those funds, and it may benefit you to explore all options before making a decision. While planning...
Oct 4, 2021 | Blog, Estate Planning, Tax
If you would like to reduce taxes and give to charity while you meet the financial needs of your family, a charitable trust may be a worthwhile estate planning tool. When families sell highly appreciated assets, they must pay capital gains tax. However, contributing...
Sep 20, 2021 | Accounting, Advisory, Benefit Plans, Blog, Tax
If your company offers employees a qualified retirement plan, it is probably a 401(k). But this popular option is not the only game in town. You may want to offer an additional retirement savings vehicle — such as a supplementary executive retirement plan (SERP) — to...
Sep 6, 2021 | Accounting, Advisory, Blog, Manufacturing, SBA, Tax
Processing payroll is a critical administrative task that directly ties to your construction company’s labor costs, profits, and ability to comply with labor laws. Yet staying on top of payroll can be daunting. Depending on the job, your payroll staff may have to...
Aug 23, 2021 | Agriculture, Beer, Blog, Cider, Closely Held Businesses, Manufacturing, Nonprofit, Real Estate and Construction, Startup Business, Tax, Wine
Paycheck Protection Plan (PPP) loans were a lifeline for many small business owners during the worst of the pandemic-driven economic slowdown. In total, the Small Business Administration (SBA) approved nearly 12 million PPP loans, averaging $67,000. Although the PPP...
Aug 9, 2021 | Blog, Startup Business, Tax
Recently, the number of people starting small businesses has increased. Running a new business requires a good deal of planning, and learning to utilize your resources effectively greatly impacts your probability of success. Uncle Sam provides entrepreneurs support by...
