Articles

The combination of today's historically low interest rates and depressed asset values are certain to cause many family business owners heartburn.    However, this troubling combination may provide business owners with the opportune time to transfer their family businesses and minimize estate and gift tax consequences.    It appears that the federal estate and gift tax system is here to stay.    Therefore, business owners should take advantage of today's current economic conditions by planning now…

The American Recovery and Reinvestment Act is a mixture of tax incentives, including business tax cuts, and direct spending that is designed to jump start the US economy.  Although the business tax cuts are not as numerous as many taxpayers may have hoped, they are none the less valuable.  In this letter, we'll highlight the key incentives targeted to businesses.  As always, please contact our offices if you have any questions.  

Bonus depreciation.  Bonus depreciation is back for 2009…

There is one constant in business that determines success.  No matter what is happening in the economy, cash flow is the heartbeat of every business.  When cash flow is managed well, your business can be successful, but when managed badly there can be almost no recovery.  

If you are fumbling around in the dark when it comes to cash flow management, then you are hurting your business's long term survival and growth.  You need to get a hold on cash flow and understand how it affects your day–to–day operations…

During 2009, we will begin the process of preparing the redesigned Form 990 for your organization.  On the new Form, there are some questions about the organization's board and key employees that require you to obtain information regarding the business and family relationships among these individuals.  Additionally, you will need to disclose the number of board members that are independent…