The Standard Business Mileage Rate Increases for 2023
The Standard Business Mileage Rate Increases for 2023
1/5/23 9:44 AM

Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to cal...

The QBI Deduction: Who Qualifies and How to Maximize Before Year-End
The QBI Deduction: Who Qualifies and How to Maximize Before Year-End
12/12/22 8:19 AM

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometime...

A Segmented Income Statement Can Be a Powerful Management Tool for Manufacturers
A Segmented Income Statement Can Be a Powerful Management Tool for Manufacturers
4/26/22 12:06 PM

A companywide income statement may be sufficient for lenders or other outsiders to evaluate your manufacturing company’s...

Partnership Tax Considerations When Adding a New Partner at Your Business
Partnership Tax Considerations When Adding a New Partner at Your Business
4/18/22 9:35 AM

Adding a new partner to a partnership has several financial and legal implications. Let’s say you and your partners are ...

Short-Term Investment Planning: Make a Three-To-Five-Year Horizon Work for You
Short-Term Investment Planning: Make a Three-To-Five-Year Horizon Work for You
8/12/21 8:05 AM

Ideally, investment planning involves a long time horizon – 10, 20, or even 40 years – to reap the benefits of long-term...