Avoid the Pitfalls of Selling Property to Family

Avoid the Pitfalls of Selling Property to Family  August 13,  2019 If you plan on transfering property you own to a loved one, first review the tax consequences of your decision. Specifically, tax law includes several provisions involving sales to related parties. As...

Customer Retention Questions

Basic Customer Retention Questions You Need to Answer  July 31,  2019   What Percentage of Your Customers Return Each Year? The first step to understanding retention is to know your customer retention rate. First, take your total customers from the end of a period and...

5 Steps to Make Setting Salaries Easier

5 Steps to Make Setting Salaries Easier  July 26,  2019   Whether you are hiring for the first time, filling an open position, or conducting annual performance reviews, finding a salary range that attracts and retains valued employees can be a difficult task. Here are...

4 Summertime Tax Saving Tips

4 Summertime Tax Saving Tips  July 17,  2019   Summertime can be a time for tax savings. Creating a tax projection well before year-end will help determine if the steps you’re taking now will help you avoid a large tax bill at the end of the year. 1. Rent Your...

Replacing Lost Tax Breaks for Your Growing Children

Replacing Lost Tax Breaks for Your Growing Children  July 23,  2019   Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. Consider the following tax events based on the age of your child: Age...

Five Audit Myths

Don’t Fall for These 5 Audit Myths  July 11,  2019   When it comes to the perception of IRS audits, conjecture reigns supreme. The combination of the complex tax code and a government agency with the full authority to enforce it leads to some pretty wild ideas....