Review your strategic plan … and look ahead
Business owners, year end is officially here. It may even be over by the time you read this.
Defer tax with a like-kind exchange
Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange where you exchange the property rather than sell it.
SEK Announces Manager and Controller Promotions
FOR IMMEDIATE RELEASEJanuary 1, 2022 SEK Announces Manager and Controller Promotions
Are your social media accounts working for — or against — you?
Social media is an essential tool for not-for-profit outreach, engagement and fundraising.
Will the standard business mileage rate go up in 2022? Yes!
After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2022 by 2.5 cents per mile.
How to account for change orders
Last-minute changes to contracts can be frustrating. But, if managed properly, they can sometimes provide an opportunity to boost profits.
Have you named contingent beneficiaries?
Although your will or revocable trust governs the distribution of many or most of your assets, certain assets — such as retirement plans, insurance policies, and bank or brokerage accounts — require you to name a beneficiary (or beneficiaries).
How to maintain customer records in QuickBooks Online
Your customers are your company’s lifeblood. Make sure their records are thorough and up-to-date.
Should your established nonprofit sponsor a smaller project?
During the initial COVID-19 outbreak, a small community group decided to organize grocery deliveries to low-income seniors. Time was of the essence and participants in the fledgling project didn’t have time to file for 501(c)(3) status or build fiscal infrastructure.
There’s a deduction for student loan interest … but do you qualify for it?
If you’re paying back college loans for yourself or your children, you may wonder if you can deduct the interest you pay on the loans. The answer is yes, subject to certain limits. The maximum amount of student loan interest you can deduct each year is $2,500.