Business Mileage Rate Increases in 2025
In 2025, the standard business mileage rate has increased slightly, reflecting a small rise in the national gas prices. The IRS has announced that the new cents-per-mile rate for business […]
Category: Articles
How to Protect Yourself from Tax Season Scams
Remember: The IRS does not contact taxpayers by email, text messages, or social media channels to request personal or financial information. As tax season approaches, it’s important to stay alert […]
Protect your Business from Predatory Lenders
Whether you’re a budding entrepreneur seeking startup capital or an established business owner looking to fund an acquisition or expand your product lines, it’s essential to approach lenders cautiously. Scammers […]
The Power of Effective Employee Reviews in Manufacturing
Performance reviews can be demanding, requiring time and effort from management while risking conflict if employees disagree with evaluations. However, when approached thoughtfully, reviews can boost productivity and improve employee […]
Crisis-Proof Your Manufacturing Business
The challenges posed by the pandemic and the constant threat of natural disasters have highlighted the need for manufacturing companies to establish a business continuity plan. This essential tool […]
Adding a Valuation Expert to Your M&A Strategy
Global merger and acquisition (M&A) activity is expected to exceed $4 trillion in 2025, driven by factors like interest rate cuts from the Federal Reserve, promises of reduced regulations, and […]
Understanding Section 1231 Tax Impacts
Understanding the tax consequences when selling business assets is essential. One key area to focus on is Section 1231 of the Internal Revenue Code, which outlines how gains and losses […]
Strengthen your Nonprofit’s Brand in 2025
If your nonprofit wants to make an organization-wide New Year’s resolution for 2025, how about this: Strengthen our brand. Although branding strategies are usually associated with the for- profit sector, […]
Preventing Workplace Fraud & Collusion
According to the Association of Certified Fraud Examiners, the financial toll of occupational fraud grows exponentially with collusion. A single fraud perpetrator causes a median loss of $75,000. When two […]
Uncertainty Balanced with Optimism Greets 2025
As we embark on the new year and look forward with hope for a successful 2025, a realistic view is that there is still uncertainty in the marketplace. So any […]
Navigating the Work Opportunity Tax Credit (WOTC)
The U.S. Bureau of Labor Statistics reports that unemployment rates remain historically low, fluctuating between 4.0% and 4.3% from May to November 2024. Amid current hiring challenges, the Work Opportunity […]
BOI Injunction Reinstated, Reporting Paused Again
For business owners, monitoring the rules for BOI reporting this month has been like watching a ping pong match. As of Friday, December 27, the requirement to file a beneficial […]
