by Brian Hare, CPA, CGMA | Mar 9, 2021 | Business
While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have begun launching a new small business. Many of these people start out operating as sole proprietors. Here are some tax rules and considerations involved in operating...
by Brian Hare, CPA, CGMA | Feb 22, 2021 | Tax
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. But analysts expect it to improve in 2021 as the country comes out of the pandemic. If you are considering buying or selling another business, it’s important to understand the tax...
by Brian Hare, CPA, CGMA | Feb 10, 2021 | Business
Using a strengths, weaknesses, opportunities and threats (SWOT) analysis to frame an important business decision is a long-standing recommended practice. But don’t overlook other, broader uses that could serve your company well. Performance factors A SWOT analysis...
by Brian Hare, CPA, CGMA | Feb 9, 2021 | Tax
A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some stayed the same due to low inflation. And the deduction for business meals has doubled for this year after a new law was enacted at the end...
by Brian Hare, CPA, CGMA | Feb 3, 2021 | Business
Over the past year, the importance of leadership at every level of a business has been emphasized. When a crisis such as a pandemic hits, it creates a sort of stress test for not only business owners and executives, but also supervisors of departments and work groups....