Knowing when to sell your business is not an exact science. Like deciding when to sell a stock, you need to combine some intuition with analytic talent. Both skills can …
Succession Planning: 10 Things You Should Consider
Let’s face it: you’re not going to work forever. At some point, you’re going to want (or need) to pass the reins of your business to someone else. If you …
DC Paid Family Leave Program Requires New Employer Payroll Tax
As of July 1, 2019, employers in the District of Columbia (DC) are required to pay a 0.62% quarterly payroll tax that will go towards the Paid Leave Implementation Fund. …
401k Plans Must Pass Nondiscrimination Testing
Under IRS regulations, 401k plans must pass certain nondiscrimination tests in order to avoid fees, required withdrawals, additional employer contributions, or the cancellation of a plan altogether. The purpose of …
Should You Get a Business Valuation or a Calculation of Value?
As a business owner, you might face a number of situations in which you’ll want to value your business. Depending on the situation and the timing, you’ll want to consider …
Should I Make My Rental Real Estate Property an LLC?
If you have a rental property and you’re wondering what legal structure it should have, you should consider the Limited Liability Company. While an LLC isn’t a perfect fit for …
