Just as people can get out of shape over the course of a stressful year, so can companies. Whether your business has experienced a rapid growth spurt – or perhaps been starved for sales or adequate capital – it can benefit from refocusing on three core objectives:

Ways to Avoid Probate

Probate is generally about as desirable as a case of shingles.  A legal procedure in which a court validates a will and resolves other estate-related issues and probate is public.  It can also be costly and time-consuming. So do your family a favor: Take steps to avoid, or at least, minimize, probate.

Instead of giving your grandchildren the latest tech gadget or cash they may blow through by New Year’s, consider financial gifts of lasting – even increasing- value. In many cases, these gifts can also provide tax advantages.

What the tax reform bill means for individuals and business owners.

On 12/20/17, both the House (in a 224–201 vote) and the Senate (in a 51–48 vote) passed H.R. 1—commonly referred to as the Tax Cuts and Jobs Act (TCJA). The bill will be sent to President Trump, who is expected to sign it into law. Hailed as the largest major tax reform in over three decades, the TCJA contains a whole host of tax provisions that impact individuals and businesses.

December can be stressful for retailers and shoppers alike. But here’s a cup of cheer: The average American plans to spend $967.13 this holiday season – 3.4% more than 2016 estimates – thanks for higher employment rates and rising wages.

You may be required to carry workers’ compensation insurance for W-2 employees. But no one says you can’t look for ways to reduce the cost of coverage. The key is to lower your company’s risk. Here are a few ways you can accomplish that:

If you are a business owner, you may be wondering if you can pay bonuses in 2018, but deduct them in 2017.  Is it even possible?

The answer is Yes, but only if:

1. Your company uses  accrual-basis accounting.
2. The bonuses were earned in 2017 and are paid by march 15.
3. Bonus liability must be fixed by the end of 2017.

This process can be complicated, which is why you should talk to a experience CPA.

Do you 2018 plans include relocating or expanding your business into another location? As you start to look at space keep the following suggestions in mind:

Turkeys have always been an interesting study for economics.

A whopping 88% of Americans eat turkey on thanksgiving. As basic economic theory tell us, when everyone wants to buy the same limited product at the same time, prices generally spike. Yet turkey prices decline around the holiday. Why?