Our Accounting Articles
How to Keep Healthcare Costs from Crippling Your Business
Insurance holders are not the only ones feeling the effects of rising insurance costs. For small and medium-sized businesses (SMBs), rising healthcare costs pose a significant challenge. These ever-increasing costs are not just a financial strain—they directly affect profitability, employee recruitment and retention, and growth opportunities. However, with thoughtful planning and expert financial guidance, it’s possible to manage these rising expenses without sacrificing the health of the employees or the business.
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Seven Ways the Fed Rate Cut Can Fuel Business Growth
Last month, the Federal Reserve announced a massive half-point cut to interest rates, marking the first cut since March 2020. The news has sent ripples of excitement through the business community since the shift in the economic environment creates a range of opportunities. But how exactly can business owners leverage the rate cut to their benefit?
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Time for a Family Limited Partnership?
A Family Limited Partnership (FLP) is a classic technique to shift income and wealth to future generations. With an FLP, family members pool money to run a business project. Each family member can buy shares for a potential profit.
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Inflation, Disinflation, Deflation, and Stagflation: How to Invest Wisely
When it comes to your investments, understanding the economic landscape is paramount. While inflation often takes the spotlight, other economic situations can also significantly impact your investment strategy. Disinflation, no-inflation, deflation, and stagflation each have unique effects on investment. Understanding how to adjust your strategy to these conditions can help you maximize returns and protect your portfolio.
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How to Set Your Retirement Spending Limit
Retirement should be a time of freedom and fulfillment, where you can enjoy the rewards of your hard work without financial worry. But do you know exactly how much you can spend each month and year?
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IRS Tightens Scrutiny on ERC Claims: Five New Warning Signs to Consider
The Employee Retention Credit (ERC) was a lifeline for many businesses struggling during the pandemic. However, with the surge of misinformation and fraudulent claims, the IRS has intensified its review process to protect against improper claims.
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