THE PERSONAL SIDE OF SUCCESSION PLANNING
There is a litany of published material on succession planning. Blog posts, newsletters, articles, and books abound. Most are focused on the practical issues of the process and how to…
Read more »FAMILY OFFICES AND THE CORPORATE TRANSPARENCY ACT
The Message Family offices, long a mainstay of privacy and secrecy in the world of family business activities, are now running headlong into governmental rules requiring disclosure of critical ownership…
Read more »THE FAMILY OFFICE “MINDSET” SHIFT
The title may puzzle some readers. Why would a “mindset” shift” be required of a wealthy family to form an effective, sustainable, single-family office? Here is why! Newly formed single-family…
Read more »WHEN TO HIRE A FRACTIONAL CFO
If your small business is growing (and especially if it is growing rapidly) or you are facing a financial challenge, a fractional CFO can be a valuable asset. These CFOs…
Read more »NEW TAX TREATMENT FOR R&D EXPENSES IN 2022
The Tax Cuts and Jobs Act (TCJA) of 2017 made significant changes to the income tax treatment of research and development (R&D) expenditures. Prior to the TCJA, businesses were allowed…
Read more »WHEN TO OUTSOURCE YOUR ACCOUNTING
When I talk with business owners, a frequent complaint is lack of time to focus on the things they love to do to help their customers. Since that passion is…
Read more »COVID AND ESTATE PLANNING
So many things have taken a backseat to Covid during the last year that I was surprised last week by one that has not – estate planning. A contact reached…
Read more »The Operating Manual for Business
There are a litany of books on businesses and how to run them. Reducing all that information to a sort of “how-to” or operating manual is not so common though….
Read more »THE OPERATING MANUAL FOR BUSINESS
There are a litany of books on businesses and how to run them. Reducing all that information to a sort of “how-to” or operating manual is not so common though….
Read more »Succession Planning and the New Year
Reflecting upon the events of 2019, I feel one of the most troubling was an event that occurred as a large project was coming to an end. As the project…
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