business loans

How the IRS views Loans between your Business and it's Owners

It’s common for closely held businesses to transfer money into and out of the company, often in the form of a loan. However, the IRS looks closely at such transactions: Are they truly loans, or actually compensation, distributions or contributions…
Summer time tax planning

Summer is a Good Time for Tax Planning

You may be tempted to forget all about taxes during summertime, when “the livin’ is easy,” as the Gershwin song goes. But if you start your tax planning now, you may avoid an unpleasant tax surprise when you file next year. Summer is also…
help your successor succeed

Help your Successor Succeed

When it comes time to transition your role as business owner to someone else, you’ll face many changes. One of them is becoming a mentor. As such, you’ll have to communicate clearly, show some patience and have a clear conception of what…
Digital marketing tips for business

4 Digital Marketing Tips for Small Business

You’d be hard pressed to find a company not looking to generate more leads, boost sales and improve its profit margins. Fortunately, you can take advantage of the sales and marketing opportunities offered by today’s digital technologies…
business governance

Could you Benefit from Stronger Business Governance?

Every company has at least one owner. And, in many cases, there exists leadership down through the organizational chart. But not every business has strong governance. Could you benefit from stronger business governance? In a nutshell, governance…
Operating across state lines

Operating Across State Lines Can Offer Risks & Rewards

It’s a smaller business world after all. With the ease and popularity of e-commerce, as well as the incredible efficiency of many supply chains, companies of all sorts are finding it easier than ever to widen their markets. Doing so has become…