Moving to another state is a key part of many peoples’ retirement plans. However, not everyone takes in to account all of the tax considerations when retiring in another state. Some couples want to enjoy better weather so they can participate in more outdoor activities, such as those living up north who decide to relocate …
Tax Considerations When Retiring In Another State Read More »
Outsourcing certain business functions to third-party service providers is not a new concept. Businesses have been outsourcing functions like payroll, IT and human resources for years. However, many companies haven’t given much thought to outsourcing their accounting and finance functions. Doing so can result in a host of benefits — including freeing up your team to spend …
Advantages of Outsourced Accounting You Can’t Ignore Read More »
It has been nearly three years since the U.S. Supreme Court decision was handed down that changed sales and use tax rules for online sellers. Known as South Dakota v. Wayfair, Inc., or simply as the Wayfair case, the ruling removed the physical presence requirement for sales tax nexus. As a result, states can now …
Sales and Use Tax For Online Sellers After the Wayfair Case Read More »
Businesses can reap big rewards by making a commitment to improve supply chain management. Unfortunately, many businesses fail to devote adequate resources to this endeavor, thus missing out on potential benefits. Improving supply chain management starts with developing a supply chain management strategy. While this effort may be time-consuming, not creating a supply chain strategy could …
The role and skill set of the CFO is being transformed by technology. CFOs not only have to be more strategic but must also be focused on innovation and automation.
The Cost of a Data Breach A study conducted by IBM last year, The 2020 Cost of a Data Breach Report, put a price tag on data breaches. According to the study, the average cost of a data breach is $3.86 million. Also, 80 percent of data breaches resulted in the exposure of customers’ personally …
5 Questions All Leaders Should Ask To Assess Cybersecurity Risk Read More »
1. What Are Your Post-Business Ownership Plans? How much thought have you given to what you’re going to do after you sell your business? Maybe you plan to retire and take it easy for a while. If so, you should work closely with a professional wealth advisor to develop a detailed retirement financial plan to …
Succession Planning Strategies: 5 Questions to Ask Before Selling Your Business Read More »
Over the past year, the COVID-19 pandemic has redefined “normal” in almost every aspect of our lives, including our work lives. Many employees have been forced out of the traditional office environment they’ve worked in their entire lives and had to adapt to a new work-from-home model. This brings new challenges in terms of keeping …
How to Foster Company Culture in “the New Normal” We Live in Now Read More »
