Matter & Substance

Thoughts from our industry
to help Businesses and Individuals

February 27, 2017

Roth 401(k) conversions may suit your Millennial employees

Could your company’s benefits package use a bit of an upgrade? If so, one idea to consider is adding an option for employees to convert their regular 401(k)s to Roth 401(k)s. Under a Roth 401(k), participants make after-tax contributions to...

February 21, 2017

Successfully implementing new business software

Business owners get to make executive decisions. It’s one of the perks of the job. However, acting unilaterally when buying software can be a risky move. Because new technology affects the entire team, the entire team (or at least...

February 16, 2017

Balance Sheets Make Great Reading

Most businesses are wrapping up their year-end books and generating their annual financial statements. This makes it a great time to settle in by a roaring fire (or enjoy a beautiful 60 degree February day in Chicago!) and catch up on...

January 23, 2017

Aspen Valley…The Future So Bright You Gotta Wear Shades!

Our long standing clients John and Shara Weaver sold their business, Aspen Valley Landscape Supply, Inc. , to SiteOne Landscaping last week. The Weavers have operated the business for the last 30 years and build a very valuable enterprise...

December 21, 2016

5 ways to speed up collections

As we approach the end of the year, tax planning becomes increasingly important. Many times, you and your business can identify tax advantageous ways to spend or distribute any excess cash reserves. As such, you begin to focus on...

December 11, 2016

5 steps to improving employee participation in your retirement plan

As we approach the end of the year, it’s time to start thinking about (and talking to your employees about) retirement planning and the tax savings that are still available. Employers who offer retirement savings plans are already helping...

December 7, 2016

Post-Election Proposed Transfer Tax Changes for 2017

As we approach the end of the year and the end of the tax planning season for 2016, there’s a lot of speculation surrounding the possible changes in tax law for 2017. Tax reform is a common goal of...

December 4, 2016

Thinking big is the first step toward growing your business

Nearly every business owner wants to grow his or her company, but with growth comes risk, and that can keep you from taking the steps necessary to move forward. Yet if you don’t think be enough to develop a...

November 30, 2016

Proposed Tax Changes for 2017

There is a great deal of speculation about the potential tax changes that will come from the Trump administration. The current proposals are, of course, subject to the legislative process and potential negotiation. The most recent proposals are summarized...

November 27, 2016

Ensure your retirement benefits provider is truly providing

Many retirement plan sponsors consider converting to new providers starting with the new plan year. For calendar year plans, that means January 1. If this is the case for your company, now is a good time to evaluate your...

November 14, 2016

How mentoring can improve your succession plan

Many business owners launch their enterprises with a business plan – the written document that outlines key strategic objectives and practical means of accomplishing them. Likewise, many of these business owners apply the same methodology to the succession plan,...

November 6, 2016

Mowery & Schoenfeld Celebrates 20 Years!

Today, November 7th, 2016, we are excited to celebrate the 20th anniversary of the founding of Mowery & Schoenfeld. Over the past 20 years, we have become a leading local firm in the Chicago market. We have been privileged...

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Matter & Substance

Thoughts from our industry to help Businesses and Individuals

Thoughts from our industry
to help Businesses and Individuals