Family Business Succession Tips
This article discusses the sad reality of how fewer than 1/3 of family businesses are successively handed down to the second generation. However, utilizing the tips outlined in this article…
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Getting the Most From Selling Your Business
This article discusses how there are many factors at play when a business gets bought or sold. Specifically, topics such as reoccurring revenue, why someone sells, buyers’ interests, evaluation criteria,…
Which Meals Qualify for the Temporary 100% Expense Reduction?
This article discusses how the IRS released guidance explaining deductions on food and beverage within a restaurant. There was a temporary 100% deduction which was “designed to help restaurants, many…
Creating a Post-COVID Workplace
This article discusses how businesses are starting to return to the workplace following the relaxing of COVID-19 regulations. However, this process may be more difficult than anticipated. This article outlines…
Marketing Your New Startup
This article discusses how many startup firms are having similar problems in marketing and getting their new ideas out there. Whether your startup is 5 years old or 5 days,…
Tips for Family Business Success
This article acknowledges and discusses how running a family business can be difficult at times. From balancing a family work-life balance to communication issues, this industry can be very challenging….
Employer Paid Sick and Family Leave Tax Credit for COVID-19 Vaccinations
The American Rescue Plan Act of 2021 (ARP) allows small and midsize employers with fewer than 500 employees to claim refundable tax credits that reimburse them for the cost of…
NYS Small Business Recovery Grant Program
As of June 10th, New York State small businesses may begin applying for the state’s $800 million recovery grant program. The program was created to help businesses through the next…
Financial Mistakes Business Owners Made During the Pandemic and How to Avoid Them
This article discusses how many businesses felt a significant negative impact due to the coronavirus pandemic this past year. Although most of the setbacks were unavoidable, it is important to…
Temporary 100% Meals Deduction for Food and Beverage Expenses Paid to Restaurants
A temporary exception to the general 50 percent meals deduction limit has been enacted for businesses that pay or incur food or beverage expenses from restaurants during the period beginning…