4 Keys to a Successful Year-End Inventory Process

Accurate year-end inventory counts aren’t just about generating reports and preparing financial statements for the bank, your investors and your accountant. Year-end inventory is about creating a snapshot of what you have so you can fulfill orders, understand sales trends and deliver the best possible customer service. It’s about detecting and addressing shrinkage, which costs […]

Read More


Opportunity Zone Funds: What They Are and How They Work

One of the key components of the 2017 tax reform legislation that didn’t receive much attention was the Investing in Opportunity Act. This created the Opportunity Zone program, which is intended to stimulate private investment and job creation in economically distressed communities rather than relying on taxpayer dollars. Since the regulations were just finalized in […]

Read More


Collecting Sales Tax in the Wake of Wayfair: What You Need to Know

For years, if your company sold products online, a state could only require you to collect state sales tax if you had a physical nexus (offices, distribution centers, payroll, etc.) in that buyer’s state. The Supreme Court ruled in 1967 and again in 1992 that this physical presence test would apply. For example, if a […]

Read More


How a Data Governance Program Helps You Take Control of Your Company Data

According to the 2017 Data Genomics Index, the amount of data grew at a rate of 48.7 percent in 2017. That means we’re close to doubling the number of files created every two years. However, one-third of all stored data hasn’t been modified in three years, and 9 percent hasn’t been modified in seven years. […]

Read More


The Clock Is Ticking on Windows 7. Time to Upgrade or Deal with the Risks.

Microsoft ended mainstream support for the Windows 7 operating system in January of 2015. That means security patches are still be distributed, but no new features have been added in nearly four years. However, Windows 7 is still the most widely used operating system with 40.88 percent of the market, according to September 2018 data […]

Read More


If You Handle Payment Cardholder Data, PCI Compliance Is a Requirement, Not an Option

You’ve probably read news stories about data breaches involving major brands and the exposure of credit cardholder data. Just this year, Sears, Macy’s, Panera Bread and Under Armour reported hacks that compromised customer data. However, most data breaches don’t make headlines because they involve much smaller businesses. In fact, according to the Verizon Data Breach […]

Read More


Why a Levy Should Never (Ever) Be Ignored

In a previous post, we discussed liens, the different types, and what to do if you have a lien against your property. A lien is a legal claim placed on a property that you own or use, such as your home or car. A creditor may file for a lien so they can take possession […]

Read More


Have Foreign Bank Accounts? Know the Rules and Tax Implications or Else

It’s common, and perfectly legal, for Americans to have bank accounts in foreign countries. Many Americans are or were citizens of foreign countries and visit those countries often, while others live abroad full-time. They might have a family, own property and pay bills in another country. Some people just travel frequently to certain destinations and […]

Read More


The Value and Core Components of a Business Plan

Think of a business plan as a roadmap for a new company. An effective business plan is a document that provides an overview of your operations, objectives, and expectations for the next three to five years, as well as an explanation of your strategy for achieving those goals and meeting those expectations. Maybe you want […]

Read More


7 Questions to Ask when Planning Your Exit Strategy

When you mention “exit strategy,” the average business owner hears “cha-ching.” In other words, “my exit strategy is to sell my company for a huge profit.” That may very well be the end result, but it’s not the only exit strategy, and many things need to happen before you get to that point. Here are […]

Read More


Professionals and Executives

1

Professionals and Executives

Business Owners

2

Business Owners

Retired and High Net Worth Individuals

3

Retired and High Net Worth Individuals