The IRS has just introduced a new opportunity for employers to rectify questionable Employee Retention Credits (ERC) through the Voluntary Disclosure Program. Aimed at providing a discounted repayment option, this initiative presents a valuable chance for businesses to address potential discrepancies in their ERC claims. Let’s explore the key aspects of the IRS’s new initiative.
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Our digital presence has become integral to our daily lives – from emails to social media profiles, online banking to cryptocurrency investments. Incorporating that digital presence into your estate planning is essential for preserving your legacy, protecting your financial interests, and reducing potential burdens on your loved ones. By proactively addressing these assets in your estate plan, you can ensure a smoother transition of your digital life while maintaining control over what happens to your online presence and valuable digital resources after you’re gone.
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Is it time to sell your business? Selling a company is an involved decision that requires much consideration. If you’re keen on the idea of selling outside of the family, your two best options are often selling to a larger company or selling to a private equity firm.
Growth versus profitability. This is a challenging balancing act for many new business owners. Both are necessary for the success and longevity of any business. But which is more important?