by Brian Hare, CPA, CGMA | Jan 4, 2021 | Business
Some might say the end of one calendar year and the beginning of another is a formality. The linear nature of time doesn’t change, merely the numbers we use to mark it. Others, however, would say that a fresh 12 months — particularly after the arduous,...
by Brian Hare, CPA, CGMA | Dec 29, 2020 | Business
The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases, businesses decide to switch from one entity type to another. Although S corporations can provide substantial tax benefits over C corporations in...
by Brian Hare, CPA, CGMA | Dec 23, 2020 | Business
In the early 1990s, the Balanced Scorecard approach to strategic planning was developed to enable business owners to better organize and visualize their objectives. With 2021 shaping up to be a year of both daunting challenges and potentially remarkable recovery, your...
by Brian Hare, CPA, CGMA | Dec 16, 2020 | Tax
Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in mind. You maybe able to drive into more savings for your business with the heavy SUV tax break. A cap on deductions Cars are subject to more...
by Brian Hare, CPA, CGMA | Dec 16, 2020 | Business
With a difficult year almost over, and another one on the horizon, now may be a good time to assess the size of your sales force. Maybe the economic changes triggered by the COVID-19 pandemic led you to downsize earlier in the year. Or perhaps you’ve added to your...