By Amy Crouzer, CPA Merging with or acquiring another company can be a way to achieve growth. A merger or acquisition can provide numerous benefits, including expanding your company’s product or service offering, geographic reach, and in-house talent, as well as achieving other strategic goals. But these transactions require careful consideration. This is especially true […]
4 Simple Tips for Managing Cash Flow in Turbulent Times
By Jason Loven, CPA, CCIFP® Managing cash flow is never a piece of cake. Now, in the midst of a global pandemic, it’s become even more challenging for businesses within nearly every industry. For many contractors and construction-related businesses, the cash-flow conundrum is two-fold: As projects stall and staffing rosters fluctuate, keeping track of cash […]
Consider Gifting from Your Estate During Your Lifetime
By Cheryl Ellefson, CPA, MBT, CFP® It’s a universally accepted truth: Giving brings joy to both the giver and the recipient. So, when it comes to gifting your estate to family members, why wait until you’re no longer around to reap the benefits? If you give to your children or grandchildren now, you’ll see the […]
3 Things Every Business Owner Should Know About ESOPs
By Logan Kalis, CPA When it’s time to transition your business, you have several options to consider. One that’s becoming more and more popular, especially for business owners who would like to give back to the employees who helped grow the company or would like to stay involved in the company, is to establish […]
CARES Act Update: Will You Adopt These 401(k) Changes into Your Plan?
By Andy Knutson, CPA One of the many relief measures of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was to loosen the rules surrounding 401(k) loans, withdrawals, and required minimum distributions (RMDs). If you’re an employer who offers a 401(k), you’re now faced with a decision: Should you adopt these changes into […]