11.20.18

Take Another Look at Telecommuting

These days, everyone seems to be working remotely from his or her home offices. If your organization has yet to turn to telecommuting, or offers it only on a limited basis, you might want to take another look at the option.

11.16.18

Year-End Tax Planning for Investors
Adam J. Pechin

The end of the year is an ideal time to review your investment portfolio. You want to ensure that it is meeting your objectives and that the mix of assets continues to reflect your time horizon and risk tolerance. It is also a good point to implement strategies for reducing your 2018 tax bill.

11.08.18

Revenue Recognition Standards: How Is Your Not-For-Profit Affected?
Barbara Miller

When the Financial Accounting Standards Board’s new revenue recognition standard was released in 2014, many organizations and businesses were unsure on how it would affect them. In particular, not-for-profit organizations were unclear on the potential impact. Here is a refresher on the standards to determine how your organization may be affected.

11.07.18

Finding the Retirement Plan Sweet Spot for Your Small Business

Small businesses have a lot of competing needs for their business resources. One of these resources is the use of their cash. No matter how much free cash flow you have, small businesses should consider using some or all of their free cash flow to contribute to a retirement plan.

11.02.18

How to Use QuickBooks Online for Property Management

If your property management company isn’t big enough for specialized accounting software, you may want to try QuickBooks Online (QBO). Here’s how to set up QBO for small to mid-size property management firms.

10.30.18

How the TCJA Changes Depreciation Periods for Real Property

The Tax Cuts and Jobs Act provides some changes to the recovery periods for certain property depreciated under the modified accelerated cost recovery system and the alternative depreciation system.

10.25.18

Ready, Set and Coming Soon to Illinois: A Savings Program

Starting soon, perhaps, Illinois will launch their Secure Choice savings program for employers who currently do not offer a qualified retirement plan, such as a 401(k) plan, to their employees. This compulsory program applies to employers with 25 or more employees and businesses operating in Illinois for two years or more.

10.23.18

The Pros and Cons of Offering Ancillary Services

Many opportunities may arise in a physician practice for providing ancillary services, depending on the nature of that practice as well as the physicians’ interests. A short list includes anesthesia, diagnostic testing, endoscopy, pain management and physical therapy. Before deciding whether to offer ancillary services, however, physicians need to answer two questions:

10.19.18

The Best Online Tools or Apps of 2018 for Entrepreneurs

Entrepreneurs are increasingly turning to the cloud for their business solutions. We give you our pros and cons of our favorite online tools and apps of 2018.

10.18.18

Deducting Travel and Entertainment Expenses with Confidence
Brandon W. Vahl

When owners, managers and salespeople attend trade shows, call on customers and evaluate suppliers, they may incur travel and entertainment expenses. Here are the rules for deducting these costs, including how they have changed under the Tax Cuts and Jobs Act.