The long and short of succession planning
For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those who are relatively young and have no intention of giving up ownership anytime soon. But if the past year or so has taught us anything, it is that anything can happen. Owners who […]
Will U.S. stocks continue to fare well amid reopening economy?
As most investors know, equity markets continued to achieve record highs during the first quarter of 2021. The story of the second quarter is still unfolding, as it is impacted by economic reopening amid the vaccine rollout, as well as concerns of rising interest rates and the prospects for inflation. While U.S. stocks have fared […]
‘Tug-of-war’ developing between economic reopening and inflation concerns
The first quarter of 2021 has gotten off to great start with equity markets continuing to achieve record highs. As we begin the second quarter, a tug-of-war is developing as investors weigh the prospects of economic reopening amid the vaccine rollout against concerns of rising interest rates and the prospects for inflation. As the first […]
Numerous tax limits affecting businesses have increased for 2020
An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here are some that may be important to you and your business. Social Security tax The amount of employees’ earnings that are subject to Social Security tax is capped for 2020 at $137,700 (up from $132,900 […]