Planning for the transition of the business you have spent many years building is not an easy task. However, taking steps now to prepare a business will and the accompanying documents can help ensure your business continues according to your wishes.
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Agree Now, Avoid Headaches Later
A buy-sell agreement is a great tool to help you and your fellow business owners deal with some difficult issues that may come up in the course of running a business.
Tax Consequences of Bartering for Businesses
Bartering may turn out to be a great way to improve productivity and efficiency for some businesses.
Life Insurance: A Tool for Businesses
When considering the use of life insurance for your business, careful planning with the help of your professional advisers is essential.
Establishing "Material Participation" in a Business
The issue of material participation can be important for you as a business owner or investor, as whether or not you qualify as a material participant determines the extent to which you are permitted to deduct losses.
Will Your Home Office Pass the “Test”?
The Supreme Court has upheld the Internal Revenue Service (IRS) interpretation of the principal-place-of-business test in a decision that may have far-reaching tax implications.
Tax Advantages of Turning a Hobby into a Business
Many people dream of turning their passionate pursuit into a money-making venture and there are tax incentives that could make converting an avocation into a business start-up an effective part of your overall tax planning strategy.
A “Curtain Call” for Your Company
A buy-sell agreement will ensure that your family, and those who depend on your business, will continue to benefit from the legacy of your business.
Americans Change Jobs Frequently
The image of a loyal employee spending a lifetime with a single employer—and then retiring with the proverbial gold watch—is simply a notion, as career jobs have never existed for most workers, and still do not, according to a study by the Employee Benefit Research Institute (EBRI)
Perking Up Benefits; Executive Bonus Plans
In a highly competitive job market, attracting and retaining the best employees is not always an easy task. You need to take advantage of all strategies at your disposal. A nonqualified benefit plan can help you “sweeten the pot” for your top performers.