Business Owners

Inheritance Equalization Strategies for Business Owners

    A unique challenge and/or opportunity for small business owners is what happens when one or more of their children are brought into the business. The combination of family dynamics and day-to-day business can be explosive, both positively and …
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Ultimate Success in Small Business Requires a Succession Plan

Ultimate Success in Small Business Requires a Succession Plan When you read the numbers, you can’t help but admire small business owners. A March 2014 FAQ issued by the Small Business Administration (sba.gov) finds that almost one-half of private-sector employment …
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Borrowing for Year-end Transactions

For most employees, self-employed individuals and small business owners, the fiscal year ends on December 31. And as the year comes to a close, a review might determine that transactions completed before year-end could provide financial and/or tax advantages. For …
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Life Insurance for Business Partnerships

When people productively combine resources and skills, the end result is often far greater than what each party could accomplish on its own. Business partnerships, when they work, can combine strengths, cover weaknesses, and exponentially increase wealth. While partnerships may …
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Divorce and the Business Owner: Pre-Planning is Key

Story by: Eric C. Peterson, Contributing Writer of New Jersey Business Magazine Divorce can be a long, expensive and painful process, but what if one of the spouses owns a small or mid-sized business?  How does that factor into the …
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Deadline October 1st, Simple IRA Plan Checklist

Every year it is important that you review the requirements for operating your Savings Incentive Match Plan for Employees of Small Employers (SIMPLE) IRA plan. Use this checklist to help you keep your plan in compliance with many of the …
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Knowing Your Limits

A court case with a lot of twists highlights the challenges that businesses can face when they try to expand by offering a broader range of services to their clients.
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