Posts

Reduce Insurance Costs by Encouraging Employee Wellness

Reduce Insurance Costs by Encouraging Employee Wellness

October 25, 2018

October 25th, 2018 Protecting your company through the purchase of various forms of insurance is a risk-management necessity. But just because you must buy coverage doesn’t mean you can’t manage the cost of doing so. Obviously, the safer your workplace, the less likely you’ll incur costly claims and high workers’ compensation premiums. There are, however, […]

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Consider All the Tax Consequences Before Making Gifts to Loved Ones

Consider All the Tax Consequences Before Making Gifts to Loved Ones

October 22, 2018

  October 23, 2018 Federal Gift & Estate Tax Liability Many people choose to pass assets to the next generation during life, whether to reduce the size of their taxable estate, to help out family members or simply to see their loved ones enjoy the gifts. If you’re considering lifetime gifts, be aware that which […]

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Following the ABCs of Customer Assessment

Following the ABCs of Customer Assessment

October 17, 2018

  October 17, 2018   When a business is launched, its owners typically welcome every customer through the door with a sigh of relief. But after the company has established itself, those same owners might start looking at their buying constituency a little more critically. If your business has reached this point, regularly assessing your […]

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BGCLLC Certified Public Accountants Greenville, SC

Employee Spotlight – Ellison Smith

October 9, 2018

“That’ll do, Pig. That’ll do.” – Farmer Hoggett, Babe A Greenville native, Ellison has spent the better part of three decades working in the accounting field where he grew up. Working closely with his clients has always been important to him, and thankfully he has been able to do that every day since he was […]

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Cash vs. Accrual Reporting: Which is Right for Your Business?

Cash vs. Accrual Reporting: Which is Right for Your Business?

October 1, 2018

  October 1, 2018   Small businesses often use the cash-basis method of accounting. As businesses grow, they usually convert to accrual-basis reporting for federal tax purposes and to conform with U.S. Generally Accepted Accounting Principles (GAAP). Starting this tax year, the Tax Cuts and Jobs Act (TCJA) has increased the threshold for businesses that […]

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Tax Planning for Investments Gets More Complicated

Tax Planning for Investments Gets More Complicated

September 27, 2018

  September 27, 2018   For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine whether to buy or sell investments before year-end to save taxes. This year, you also need to keep in mind […]

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