spacer50.gif (831 bytes)

   Business Strategy

Personal Tax
Personal Finance

Retirement Planning

Estate and Gift

Business Tax

Business Strategy

Employee Benefits

Tax Legislation

Court Cases

 

Spacer6.gif (815 bytes)
 

Limited Liability Companies - (August, 2004) Over the past few years, we have been receiving more and more inquiries from clients about the procedures involved in setting up a limited liability company (LLC).  

Choosing The Right Retirement Plan
- (June, 2004) As the baby boom generation heads closer to retirement age and the worries over Social Security begin to mount ever higher, many small companies are finding it difficult to recruit educated employees without offering some type of retirement plan.

Classifying Employees - (June, 2004) Classifying your employees as either exempt or non-exempt is neither exact nor easy. The decision cannot be made arbitrarily, nor should it be made based solely on the job title or the way the employee is paid, i.e., hourly or salaried.



Breakeven Analysis - (April, 2004) It is absolutely essential that each business owner do a breakeven analysis of his current or proposed business. A breakeven analysis examines the interaction among fixed costs, variable costs, prices, and unit volume to determine that combination of elements in which revenues and total costs are equal.

Corporate Check Signing
- (February, 2004) A CFO was recently ordered to pay $45,000 to a company that brought suit against him personally when the check he signed for his corporation did not clear the bank. 

Nonqualified Pensions
- (December, 2003) Due to the exploding popularity of tax-deferred 401K plans over the last decade, congress has increasingly made them the target of new rules and limits aimed at stemming the tide of lost revenue the federal government has experienced.

Officer Compensation
- (October, 2003) A recent Tax Court case outlined a situation we as CPAs see quite often with our clients.   In this case, the taxpayer was the sole shareholder of a professional association (taxed as a corporation) which performed medical services.  


 

Disclaimer