by Brian Hare, CPA, CGMA | Nov 24, 2021 | Business
In Notice 2021-61, the IRS recently announced 2022 cost-of-living adjustments to dollar limits and thresholds for qualified retirement plans. Here are some highlights: Elective deferrals. The annual limit on elective deferrals (employee contributions) will increase...
by Brian Hare, CPA, CGMA | Nov 17, 2021 | Tax
With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its appreciation to employees and customers by giving them gifts or hosting holiday parties again after a year of forgoing them due to...
by Brian Hare, CPA, CGMA | Nov 17, 2021 | Business
Every business should prepare an annual budget. Creating a comprehensive, realistic spending plan allows you to identify potential shortages of cash, possible constraints on your capacity to fulfill strategic objectives, and other threats. Whether you’ve already put...
by Brian Hare, CPA, CGMA | Nov 11, 2021 | Business
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company...
by Brian Hare, CPA, CGMA | Nov 11, 2021 | Business
It’s understandable and indeed critical to focus a marketing campaign on the strengths and distinctive benefits of the products or services in question. However, something that’s easy to overlook is how your business and its offerings differ from — and are preferable...
