The Beneficial Ownership Information (BOI) reporting requirement has become a hot topic for business owners, and for good reason. With legal challenges and shifting deadlines, many business owners feel uncertain about the requirements.
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As 2024 comes to a close, we want to take a moment to express our heartfelt gratitude for you—our incredible clients and partners. Your trust and collaboration have made this year not just productive, but truly rewarding. Helping you achieve your financial goals has been an honor.
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If you’ve been waiting for your Employee Retention Credit (ERC) payment, there’s some big news coming from the IRS. The agency has made a major push to process $10 billion in delayed ERC payments. Let’s break it down and see what this means for you.
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Insurance holders are not the only ones feeling the effects of rising insurance costs. For small and medium-sized businesses (SMBs), rising healthcare costs pose a significant challenge. These ever-increasing costs are not just a financial strain—they directly affect profitability, employee recruitment and retention, and growth opportunities. However, with thoughtful planning and expert financial guidance, it’s possible to manage these rising expenses without sacrificing the health of the employees or the business.
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Last month, the Federal Reserve announced a massive half-point cut to interest rates, marking the first cut since March 2020. The news has sent ripples of excitement through the business community since the shift in the economic environment creates a range of opportunities. But how exactly can business owners leverage the rate cut to their benefit?
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A Family Limited Partnership (FLP) is a classic technique to shift income and wealth to future generations. With an FLP, family members pool money to run a business project. Each family member can buy shares for a potential profit.
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