What is Economic Nexus and How Does It Impact Businesses?
Companies can no longer assume they only have a filing requirement in their home state, even if they…
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Longstanding Accounting Principle “Lower of Cost or Market” Has Changed
Accounting rules, issued as far back as the 1940s and 1950s in Accounting Research Bulletins, describe how to…
What is Estate Planning? Estate Planning Explained
One of the most important parts of the financial planning process is estate planning. Many people mistakenly believe…
Is Long-Term Care Insurance Worth It?
According to Genworth Financial, a major issuer of long-term care insurance policies, a private room in a nursing…
Tax Planning by Business Type after the Tax Cuts and Jobs Act
Come tax time, owner-employees face a variety of distinctive tax planning challenges, depending on whether their business is…
Do You Have Nexus Issues with Your Service-Based Business?
Many states are looking for new revenue sources to supplement their deficits and balance their budgets. States are…
How Financial Statements Tell Your Company’s Story
What is your story? What does your financial statement tell the reader about your company? In the past…
Exit Planning Options: Employee Stock Ownership Plan
Planning Your Exit There are many ways for business owners to exit their organization. Ask owners what their…