06.27.23

Dividend Growth Investing as a Long-Term Strategy
Christopher Georgiou

There is no one best way to invest. Every investment strategy offers potential rewards and poses certain risks. The appropriate strategy or strategies for you depends on your personal goals, financial circumstances and risk tolerance. However, one strategy worth considering is dividend growth investing — or investing in companies with a solid record of paying […]

06.20.23

Inflation Reduction Act of 2022
Seamus M. Donoghue

Take advantage of new tax incentives for manufacturers Despite its name, the Inflation Reduction Act (IRA) does more than combat rising prices. According to the White House, the Act represents the “single largest investment in climate and clean energy solutions in American history.” The IRA contains several tax incentives that benefit manufacturers, including expanded deductions […]

06.09.23

Real Estate and Divorce: Here is What You Need to Know
Joshua Goldschmidt

In many divorce cases, real estate assets are among the most valuable at issue, whether they are limited to the couple’s principal home or include investment property. Numerous factors come into play when determining how such assets will be divided. Read on to learn about some of the most critical real estate assets. Marital vs. […]

05.30.23

Want to Improve Customer Loyalty? Consider a Subscription Program
James Pellino

The subscription business model has taken off in recent years. There is a reason that companies talk about becoming “the Netflix of (insert product or service here).” A successful subscription business can offer a more stable revenue stream and improve customer retention. Does the subscription model have a place in the restaurant business? Current trends […]

05.23.23

It is Time to Review Your Client Trust Account Practices
Justin L. Sylvan

Handling client money happens daily in every law firm. State ethics rules require most attorneys to use trust funds to segregate client funds from firm funds. Maintaining these client trust accounts (CTAs) while meeting your state’s ethics rules can be onerous, but following the rules is better than sanctions or potential disbarment. CTA rules vary […]

05.18.23

The Power of Connection: Six Tips for Improving Your Bedside Manner with Patients
Kevin Omahen

Healthcare is fast-paced and physicians are becoming more and more crunched for time. However, the industry is still very competitive and everyone is looking for an edge. Being a well-rounded physician is not just being an expert and providing great care, but also being able to relate to your patients and be personable. This blog […]

05.16.23

Tasks for a Successful Not-for-Profit Finance Committee
Sarah G. Widlock

A not-for-profit’s finance committee oversees and keeps its board of directors apprised of the organization’s overall financial health. This should be more than simply scanning financial reports. An active finance committee is crucial to maintain a not-for-profit’s health and reputation. The success of your finance committee depends on your board, staff and committee members understanding […]

05.10.23

Be Like Mike: Enhancing 403(b) Plans to Be More Like 401(k) Plans

Yes, be like Mike. This goes way back to a Gatorade commercial featuring Michael Jordan. It was released in August 1991 and portrayed Michael Jordan in the 1991 NBA Finals. The upbeat pop song in it starts out with the lyrics, “sometimes I dream that he is me” and ends with the phrase “if I […]

04.11.23

Walking Away from a Real Estate Contract: How Is a Forfeited Deposit Treated for Tax Purposes?
Ryan Kertes

Often, when a real estate deal falls through, the buyer forfeits the down payment or deposit. When this happens, what are the tax implications for the buyer and seller? The answer, as with many tax questions, is “it depends.” In this case, it depends on whether the property is considered a “capital asset.” Internal Revenue […]

04.07.23

What is Your Required Minimum Distribution Age?

Is it, or will it be age 70½, 72, 73 or 75? Let’s explore these possibilities. Required minimum distributions (RMDs) from qualified retirement accounts started with the passage of The Tax Reform Act of 1986. That law established the date when RMDs were required to begin as the year in which an individual reached age […]