by Brian Hare, CPA, CGMA | Mar 16, 2022 | Business
Business owners are regularly urged to “see the big picture.” In many cases, this imperative applies to a pricing adjustment or some other strategic planning idea. However, seeing the big picture also matters when it comes to managing the performance of your staff....
by Brian Hare, CPA, CGMA | Mar 9, 2022 | Business
Although there have been some positive signs for the U.S. economy thus far in 2022, many businesses are still reeling from last year’s “Great Resignation.” This trend of a historic number of workers voluntarily leaving their jobs, combined with the difficulty of...
by Brian Hare, CPA, CGMA | Mar 8, 2022 | Business
In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of paying cash for them. Bartering is the oldest form of trade and the internet has made it easier to engage with other...
by Brian Hare, CPA, CGMA | Mar 2, 2022 | Tax
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to eligible businesses. Claiming the credit involves complex calculations, which we can take care of for you. But in...
by Brian Hare, CPA, CGMA | Mar 2, 2022 | Tax
Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as dividends. However, dividends distribution isn’t tax-efficient since it’s taxable to you to the extent of your corporation’s “earnings and...