Jeff's Blog

Thoughts from Our Managing Partner and Other M&S Thought Leaders

IT consultants are many things - experts in their field, champion of the workaround, and, generally, the "people persons" of the tech field. But they're not magicians who, with the wave of a smartphone, can solve any dilemma you throw at them. Here are six ways to get more value from your company's next IT consulting relationship: Spell out your needs. Define your desired outcome in as much...
By and large, today's employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to consider, but you may not be aware that there are a variety of types to choose from. Let's check out some of the most popular options: Traditional Employees contribute on a pretax basis, with the employer matching all or a percentage of their contributions if it so chooses...
Funny thing about customers: They can keep you in business - but they can also put you out of it. The latter circumstance often arises when a company overly relies on a few customers that abuse their credit to the point where the company's cash flow is dramatically impacted. To guard against this, you need to diligently assess every customer's creditworthiness before getting too deeply involved....
Many business owners use a calendar year as their company's tax year. It's intuitive and aligns with most owners' personal returns, making it about as simple as anything involving taxes can be. Not all businesses are able to fit their primary operating seasons neatly into a calendar year, however. For these situations, choosing a fiscal year end may make more sense.  The ins and outs As you would...

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