Connections for Success



Are You Overlooking the Implicit Costs of Your Medical Practice?
Carrie Hale

If you have run your medical practice for any length of time, you know it incurs a wide variety of costs. To get a better handle on these costs and perhaps identify ways to lower them, it can be helpful to divide them into two broad groups: explicit and implicit. Explicit vs. implicit Explicit costs […]


Using Reverse Sales and Use Tax Audits to Reveal Refund Opportunities
Joyce Carlson

Tracking various state sales tax laws, changes and credits can be complex and lead to missed opportunities. While most states offer sales and use tax exemptions for certain purchases by manufacturers, the messaging, processes and specifics will vary from state to state. It is easy for Manufacturers to overlook exemptions to which they’re entitled, resulting […]


High Mortgage Rates Hamper Housing Market Outlook
Justin L. Sylvan

The U.S. home market has struggled throughout 2023, burdened with 30-year fixed mortgage rates that passed 8% for the first time since 2000. The high rates have been one of the reasons that buyers have faced a historically unaffordable market. Rates have retreated a bit since that peak, but what does the future hold for […]


SECURE Act 2.0: New Law Makes Saving for Retirement Easier
Irina Heyer

Legislation enacted at the end of 2022 included the long-awaited SECURE 2.0 Act of 2022 (SECURE 2.0), which expands on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. Many of the changes made by SECURE 2.0 make it easier to save for retirement in a tax-advantaged manner. Here are some of […]


Are Your Operating Reserves Enough?
Barbara Miller

Operating reserves — generally, assets without donor restrictions that you can tap into easily — frequently are referred to as “rainy day funds.” However, stable reserves are critical for far more pressing reasons than the metaphorical rainy day. Solid operating reserves demonstrate responsible financial stewardship to your stakeholders. Reserves also increase the odds that your […]


Manufacturing Across State Lines: What Manufacturers Need to Know About Multistate Income Taxes
Brandon W. Vahl

If your business operates across state lines, it is important to understand state income tax obligations. Following the U.S. Supreme Court’s 2018 decision in South Dakota v. Wayfair, Inc., manufacturers have focused on sales tax liability. However, the recent explosion of remote work, together with revised guidance from the Multistate Tax Commission (MTC), may raise […]


Law Firms Face Potential Red Flags as Uncertainties Continue
Joy A. Long

While the U.S. economy is showing signs of recovery, or at least a “soft landing,” the outlook for the legal market remains mixed in 2023. That is according to the “2023 Report on the State of Legal Market” from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the Thomson […]


SECURE 2.0 Brings Changes to Retirement Plans and Planning
Heather Sinclair-Smelley

The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in late 2022. Although some provisions are being phased in over time, the law includes many significant changes that take effect in 2023 and 2024. Below are some that may influence your or your employees’ retirement planning. Changes Now in […]


Renting vs. Buying in Today’s Home Market
Alexandra K. Isdell

According to the Census Bureau, the U.S. homeownership rate has consistently hovered around 66% for some time, but this does not mean purchasing a home—rather than renting—is the right choice for everyone. The decision to rent or buy is one that can cause heated debates, and while the American Dream was to own a house […]


Benchmarking Helps Restaurants Measure—and Improve—Their Performance
Thomas Pierce

Benchmarking is the process of calculating your restaurant’s key financial or operational metrics and comparing them to established standards. Those standards may be industry averages, the performance of “best-in-class” restaurants or even your own restaurant’s past performance. Benchmarking can be an effective tool for identifying areas in need of improvement, spotting dangerous trends while there […]

Older posts

Forward Thinking