Matter & Substance

Thoughts from our industry
to help Businesses and Individuals

November 2, 2021

Tax Alert: 6 Proposed Changes to Your Retirement Plan

As promised, we have been following developments in proposed tax changes and we are committed to keeping you updated. Previously, we covered the ways the bill proposed by the House Ways and Means Committee affects you, your business and...

October 29, 2021

Financial Statement Disclosure under ASC 842

Part 4: ASC 842 is coming. In this last of our four-part series, we will discuss financial statement disclosure associated with the new standard. Please note, if applicable, your M&S Advisor will reach out soon to ensure the implementation...

October 28, 2021

Calculating Your Lease Liability under ASC 842

Part 3: ASC 842 is coming. Read on to learn about how to calculate your lease liability under the new standard. Please note, if applicable, your M&S Advisor will reach out soon to ensure the implementation of this standard. ...

October 27, 2021

ASC 842 and Operating Leases

Part 2: The new least standard is coming. Learn how this will impact your Operating Leases. Please note, if applicable, your M&S Advisor will reach out soon to ensure the implementation of this new standard. The New Lease Standard…...

October 26, 2021

The New Lease Standard is Coming (Very) Soon!

The new lease standard is coming. Let’s make sure you are ready! Read on for the first of our four-part series. Please note, if applicable, your M&S Advisor will reach out soon to ensure the implementation of this standard...

September 28, 2021

Tax Alert: House Proposes Big Changes

As promised, we have been following developments in proposed tax changes and we are committed to keeping you updated. The House Ways and Means Committee has released a new bill containing tax hikes for individuals and businesses. We have...

September 14, 2021

Preparing to Hand Off Your Business

Years of hard work have paid off, and you have built a business that stands the test of time. There comes a bittersweet moment when you pause to celebrate the empire you have built, but also start planning for...

September 9, 2021

Workaround for IL Tax Deduction Limit

Exciting Illinois tax news: A bill that could save small businesses in Illinois significant money, is now on the books! The law will allow owners of partnerships, LLCs, and S-corporations to avoid the $10,000 cap on the state and...

September 7, 2021

Budgeting in Today’s Climate (Inflation and Taxes and Credits, oh my!)

This year, we are learning to navigate a changing environment full of surprises and challenges – especially when it comes to running your business. As the saying goes, we are not in Kansas anymore. How do you budget for...

August 24, 2021

10 Myths of the Employee Retention Credit

The Employee Retention Credit was part of the CARES Act designed to encourage businesses to retain employees. The credit is fully refundable against payroll taxes for those businesses “significantly impacted by COVID-19.” Previously there were several limitations based on...

July 27, 2021

Succession Planning 101

You have spent years building, managing and operating your business. Yet, owners often forget one very important task: succession planning. Whatever your long-term goals may be, it is vital to begin planning well ahead of your target retirement, since...

June 29, 2021

Part 2: Tax Considerations of Operating Your Business

Yesterday, we explored your options for entity choice in forming your family business and the general tax issues of each structure. Today, we will dig into each of these a little deeper and explore the applicable accounting and tax...

« prev 1 … 9 10 11 12 13 … 29 next »

Matter & Substance

Thoughts from our industry to help Businesses and Individuals

Thoughts from our industry
to help Businesses and Individuals