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Managing cash flow is the lifeblood of any small business. It’s like the heartbeat of your enterprise, keeping your dreams alive and kicking. But sometimes, cash flow…

As a high-income business owner, you have unique financial needs and challenges that require a specialized…

For many people, reviewing their financial plan and preparing their taxes are mutually exclusive events, meaning they tend to treat them separately as if one didn’t impact the other. Many often review their financial plans once or twice every…

We see this scenario almost weekly. A valued client refers a business owner friend to our firm and the first thing they ask is: “I’m an LLC, but my friend said I should file as an S-corp. What should I…

Clients are the lifeline of your business. But what do you do when your plate is full? You can’t just neglect your work and expect clients to stick around. Nor can you just keep adding more work hours into…

Good, cheap, and fast. In an ideal world, these are the three things we would get from a service provider every time we went out looking for one. Doesn’t matter if you’re talking about a long-term service like financial planning or a short-term…

According to the American Institute of CPAs, 75 percent of today’s CPAs will be retiring in the next 15 years. Will yours be one of them? If so, what do you know about their succession plans? Should you care? Here’s why you should.

For several years the financial advisory industry has trended toward the creation of ensemble practices. This is primarily due to the increasing complexity of properly servicing wealthy clients and the need for more specialization. The travel…

For anyone with ambitions of life-changing personal or business growth, that begs the question of whether you have taken inventory of the people around you to understand if they are lifting you up or keeping you down. As you survey the contact list of your inner circle, are there…

The true value of your accounting team is the guidance they can provide throughout the year to help you maximize your profits and your personal income. To get the most value out of your accounting team, it’s crucial to check in several times a year..

Many business owners dedicate their working lives to turning their vision into a profitable enterprise with the expectation it will become the ultimate source of their wealth. When they’re ready to hang up their boots, they can simply sell the…

If your bank offers investment products and advice, it seems natural to want to avail yourself of them. After all, it’s where you have your checking and savings account and your mortgage, so why…

Choosing the right financial advisory team is one of the most important decisions you’ll ever make—especially for those with big life goals (and eventually retirement) in their sights. But putting your financial future in someone else’s hands isn’t…

Restricted Stock Units (RSUs) are a form of equity compensation that give you ownership in the company you work for, either to augment a base salary or as a bonus. Unlike regular stock options, which require putting money down to exercise…

They say two heads are better than one, but also warn about having too many cooks in the kitchen. There are distinct tax and financial benefits to forming a partnership—such as a greater borrowing capacity and simplified taxation—but what are the non-financial advantages that…

Getting gifts and bonuses is great—until someone reaches their hand into your paycheck and pulls a whole bunch of it out (ahem—the IRS)! This sounds unfair but is often what happens with supplemental…

Company culture is a big topic these days, especially thanks to the pandemic. People are quitting jobs at record rates and others are demanding a more flexible work schedule and better benefits. Let’s just say, the game has certainly changed.

Unquestionably the advisory landscape is undergoing a tremendous transformation that seems to be accelerating at the same pace as the movement of client assets. Independent financial advisors are competing within their own space as…

A business owner who is not coachable will never reach the peak of their potential.
No matter what type of business you run or own, it is crucial to be open to new ideas and information. It goes without saying, if you are unwilling to adopt…

Year-end tax planning has always been critical for businesses, but it’s even more essential in a year when prior tax legislation may be giving way to new tax legislation. Alone, the proposed Biden tax changes are enough to turn business…

The summer has come and gone, and the end of 2021 is rapidly approaching. For many business owners, Q4 is one of the busiest times of the year.

The COVID-19 Pandemic has posed a whole new set of challenges for many…