Newsletter

Spring 2017

February 23, 2017
  • Money coming in, money going out — that’s what gives life to any business. But effectively managing cash inflows and outflows doesn’t happen without strong intent and conscious planning. Let’s look at the most important considerations for creating and maintaining strong cash flow. Follow The Full Sales Cycle The success of virtually any company depends on two cycles. The first is the sales...
  • Making charitable donations is a high priority for many individuals and families. Doing so enables them to support charitable organizations and causes they believe in financially and may lower their income taxes. Under current tax law, donations made to qualified charitable organizations — also known as 501(c)(3) organizations — may be tax-deductible during the year in which they’re made. To...
  • It’s probably safe to say that your goal as a business owner is to make, not lose, money. But there are situations in which your company might be able to benefit from business losses. If your company’s tax-deductible expenses exceed your taxable income in a given year, this results in a net operating loss (NOL). With proper planning, you might be able to use NOLs to reduce your tax liability....
  • Roth IRAs are a popular choice for many individuals wanting to enjoy tax-free growth and distributions of their retirement savings. In addition, many 401(k) plan participants create separate designated Roth accounts within their plan to hold their designated Roth contributions. Thanks to final regulations released by the IRS, it’s now easier and cheaper to transfer after-tax funds from designated...