Common Conflicts of Interest and How to Prevent Them

What is a Conflict of Interest? A Conflict of Interest occurs when a public officer who is authorized to take part in any manner making any sale, lease, or … [Read more...]

SECURE 2.0 Act

On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new … [Read more...]

It’s Tax Time! Tips to Get Organized

The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips and a checklist to help get you organized. Look for … [Read more...]

Choosing a business entity? Here are the pros and cons of a C corporation

If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the major advantages and … [Read more...]

Inflation Spikes Social Security for 2023

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 … [Read more...]

Benefits of an employer-sponsored HSA

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these benefits is through an … [Read more...]

Inflation means you and your employees can save more for retirement in 2023

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced … [Read more...]

Act now to reduce your business’s 2022 tax bill

It’s been a tumultuous year for many businesses, and the current economic climate promises more uncertainty for the short term, if not longer. Regardless of how … [Read more...]

5 steps to take now to cut your 2022 tax liability

It has been quite a year — high inflation, rising interest rates and a bear stock market. While there’s not a lot you can do about any of these financial … [Read more...]

Estate planning vocab 101: Executor and trustee

Among the many decisions you’ll have to make as your estate plan is being drafted is who you will appoint as the executor of your estate and the trustee of your … [Read more...]