Have you thought about the insurance your small business might need? Whether it’s a one-person outfit you run out of your home or a family corporation with dozens of employees, you need to protect yourself and your company. Review the following list to see what might apply to you. General liability insurance — Even for.. read more →

A deferred annuity is a contract between you and a life insurance company. Funds are exchanged for a promise to provide a competitive rate of interest with a minimum interest rate guarantee while guaranteeing the principal investment as well. The benefit payments don’t start until perhaps 10 or 20 years down the road. The longer.. read more →

When you are an employee, your employer withholds taxes from every paycheck and sends the money to the IRS. But when self-employed or earning income other than a salary, you need to pay estimated taxes each quarter. What kind of income might be subject to quarterly payments? Take the following, for example: Interest income. Dividends… read more →

All mergers are different, and at times the end goal of setting up a new company that results from the merger is front and center in one’s mind. Joy and pure excitement come at closing the deal, but if this is a family business, a mixed bag of emotions follows fast. You may have grown.. read more →

Cost segregation is the Internal Revenue Service’s approved method of reclassifying your commercial building from real property to personal property and, in the process, allowing assets to be depreciated on a 5-, 7- or 15-year schedule, instead of the traditional 27.5- or 39-year depreciation schedule of real property. Imagine how this could affect your business… read more →