Succession Planning: 3 Questions for Every Business Owner
Do you have some ideas in the back of your mind about what the succession plan for your…
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Illinois Sales Tax Holiday Not Returning in 2023
Updated 8/2023: The Illinois sales tax holiday is not returning for 2023. The Illinois Department of Revenue offers…
401(k) Plan Audit Requirements: Complete Guide to Staying Compliant
When your business reaches a threshold number of participants who are eligible to participate in your 401(k) plan,…
New IRS Tax Laws in 2022
It’s never too early to think about next year’s taxes. Although the federal government needs tax dollars to…
Helping Your Accountant and Bookkeeper Become a Team
Strong financial management requires comprehensive financial records. Without records, you won’t know if you’re profitable. You could run…
C Corporation Taxes: Lessons & Reduction Strategies
Understanding how to minimize tax liability is crucial for businesses striving to maximize profitability. By leveraging a variety…
5 Ways to Reduce Business Tax Liability
All businesses carry a tax liability. The size of the liability depends on their tax planning. Large corporations…
New Lease Accounting Changes
New lease standards originally issued back in February 2016 went through a series of extensions due to the…