Posts

DEI Programs are Good for Business

DEI Programs are Good for Business

August 5, 2021

Many businesses are spending more time and resources on supporting the well-being of their employees. This includes recognizing and addressing issues related to diversity, equity and inclusion (DEI). A thoughtfully designed DEI program can do more than just head off potential conflicts and disruptions among coworkers; it can help you attract good job candidates, retain […]

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Financial Statements: Take the Time to Read the Entire Story

Financial Statements: Take the Time to Read the Entire Story

August 3, 2021

A complete set of financial statements for your business contains three reports. Each serves a different purpose, but ultimately helps stakeholders — including managers, employees, investors and lenders — evaluate a company’s performance. Here’s an overview of each report and a critical question it answers. 1. Income statement: Is the company growing and profitable? The […]

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You May Have Loads of Student Debt, But it May be Hard to Deduct the Interest

You May Have Loads of Student Debt, But it May be Hard to Deduct the Interest

July 29, 2021

More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If you have student loan debt, you may wonder if you can deduct the interest you pay. The answer is yes, subject to certain limits. However, the deduction is phased out if your adjusted […]

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Keeping Remote Sales Sharp in the New Normal

Keeping Remote Sales Sharp in the New Normal

July 27, 2021

The COVID-19 pandemic has dramatically affected the way people interact and do business. Even before the crisis, there was a trend toward more digital interactions in sales. Many experts predicted that companies’ experiences during the pandemic would accelerate this trend, and that seems to be coming to pass.

As this transformation continues, your business should review its remote selling processes and regularly consider adjustments to adapt to the “new normal” and stay ahead of the competition.

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There’s Currently a “Stepped-up Basis” if You Inherit Property — but will it last?

There’s Currently a “Stepped-up Basis” if You Inherit Property — but will it last?

July 21, 2021

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes.

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5 Ways to Take Action on Accounts Receivable

5 Ways to Take Action on Accounts Receivable

July 19, 2021

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 likely stumble and could even collapse. If your collections aren’t as efficient as you’d like, consider these five […]

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