Investment Planning for Major Life Changes Investment planning is a lifelong activity which, for most investors, is geared to lifetime major milestones and lifecycle events. Marriage, having children, buying a home, saving for college tuition, and retirement…
We originally published this article in 2021 but thought it relevant to re-share. We updated data for 2023. If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions…
Focus on Goals and Time Horizon Jerry Jarzabek, CFP, CPWA, Director of Private Wealth Management with The BCJC Group of Baird, recently joined us on Barnes Wendling’s “Better Business With Barnes” podcast to discuss investment planning for…
Create a GPS Guide to Your Financial Future On our Barnes Wendling’s “Better Business With Barnes” podcast, we recently talked about the increasing interest in information about net worth that women business owners and investors are expressing…
We originally published this article in 2021 but thought it relevant to re-share. We updated data for 2023. Is an LLC the Right Choice for Your Business? If you operate your business as a sole proprietorship, you…
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up being nondeductible both by an officer and the corporation unless proper steps are…
A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP), which was created in March 2020 by the CARES Act. If these borrowers don’t take action before…
We originally published this article in 2021 but thought it relevant to re-share. We updated data for 2023. Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the…
Though the nation has experienced more than its share of bad economic news in the past year and a half, one bright spot has emerged. Merger and acquisition activity among small and medium-sized manufacturers has heated up…
No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong and steady inflow of cash, even the most wildly successful company will…
Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the pass-through deduction, QBI deduction, or Section 199A deduction. It’s available to owners…
As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in response to the pandemic remain in place long-term. One of them might be relief from a sometimes…
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