Estate & Wealth Transfer Planning Insights

Tax Prep, Planning & Strategy

A buy-sell agreement can provide the liquidity to cover estate taxes

If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement. Without one,…

Tax Prep, Planning & Strategy

Deducting Business Losses for Pass Through Entities

Deducting business losses for pass-through entities It’s not uncommon for businesses to sometimes generate tax losses. But the tax law limits…

Tax Prep, Planning & Strategy

4 tough questions to ask about your sales department

Among the fastest ways for a business to fail is because of mismanagement or malfeasance by ownership. On the other hand, among the slowest ways…

Tax Prep, Planning & Strategy

Dashboard software helps you keep your eyes on the prize

Like most business owners, you’ve probably been urged by industry experts and professional advisors to identify the most important key performance…

Tax Prep, Planning & Strategy

Is it time to hire a CFO or controller?

Many business owners reach a point where managing the financial side of the enterprise becomes overwhelming. Usually, this is a good thing —…

Tax Prep, Planning & Strategy

Taking a long-term approach to certain insurance documentation

After insurance policies expire, many businesses just throw away the paper copies and delete the digital files. But you may need to produce evidence…

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Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
24 Dec

"Changes are coming to the Social Security system in 2025 in the form of a higher wage base. Next year’s threshold amount was recently announced by the Social Security Administration. Here’s the amount, along with what it means for your business." https://bit.ly/40GSO1Q

wcscpas Weyrich Cronin Sorra @wcscpas ·
19 Dec

"College costs have gone up sharply in the past few decades, so starting to save early is a smart move. One option is to invest in a tax-advantaged 529 plan." https://bit.ly/40O2h7n