In the News

Copyright 2020
First, there were smartphones and smart TVs. Now, there's the smart factory. A factory becomes smart — or "brilliant" — when it merges lean manufacturing methods, sensors, 3D printing and powerful software analytics in a way that enhances productivity.
Copyright 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was mainly intended to help individuals save more for retirement. But the new law also contains provisions that help simplify the administration of retirement plans for employers and allow more employees to participate in 401(k) plans. Here are some provisions that may affect business owners.
Copyright 2020
On December 20, President Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. It was part of the Further Consolidated Appropriations Act federal spending package.
Copyright 2020
The IRS uses "Collection Financial Standards" to help determine a taxpayer's ability to pay a delinquent tax liability. Allowable living expenses include those that meet the test of being necessary to provide for a taxpayer's (and his or her family's) health and welfare, as well as his or her ability to produce income.
Copyright 2020

Many not-for-profit directors serve on boards for altruistic reasons. But it can be a huge commitment and the issue of compensation often comes up. 

Copyright 2020
You may have heard about the Vermont doctor who was fed up with way medicine is practiced today and opened an office she calls "Simply Medicine.'' The sole practitioner doesn't accept insurance. Her fee is listed on a board in the waiting room: $2 a minute for labor, plus the cost of supplies.
Copyright 2020
With winter weather here, the dangers faced by construction workers increases dramatically. Not only can bitter-cold conditions contribute to accidents and injuries, they may result in hypothermia or other serious health issues.
Copyright 2020
The numbers don't lie. The Manufacturing Institute estimates that there will be 4.6 million job openings in the U.S. manufacturing industry from 2018 to 2028, but only 2.2 million of those positions will be filled. That leaves a skills gap of roughly 2.4 million workers.
Copyright 2020
Under current tax law, the federal income tax rate for C corporations is a flat 21%. Under prior law, C corporations faced a graduated federal income tax-rate schedule with a maximum effective rate of 35%.
Copyright 2020
Residential real estate values have fully recovered in many areas, and rental rates are strong. To take advantage of this favorable situation, consider buying a new residence and converting your current home into a rental property that you can sell later for a higher price. This strategy can be a tax-savvy move, but it's not right for everyone. Here are some important tax issues to consider.

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