INSIGHTS
We See Things Differently
When we’re not addressing clients’ needs for business and financial advisory, assurance or tax matters, we’re researching, learning and thinking about related subjects. Check out some of our thinking on a broad variety of topics that may impact your organization. And if you’d like to learn more about any of these topics, we’re always happy to talk.
5 Tips for Reducing Holiday Financial Stress
Read our article for six tips to help you manage your holiday finances without sacrificing the season’s joy.
What Does a Financial Advisor Do?
Read our article to learn what financial advisors and financial planners do, how they differ, and why having both professionals on your team is useful.
3 Common Retirement Planning Mistakes
Read our article for a breakdown of three common retirement mistakes and some practical retirement planning tips.
What Businesses Should Plan for in 2025: Changing Inflation, Interest Rates, and Tax Policies
Learn what businesses should be planning for in 2025.
How to Classify Workers: The Difference Between an Employee and Independent Contractor
Read our article to learn the difference between employees and independent contractors according to IRS law.
5 Ways for Businesses and Individuals to Make Tax-Efficient Investments
Learn about five tax-efficient investment strategies that could possibly benefit businesses and individuals.
Small Business Budget Guide: The Key to Successful Year-End Planning
This small business budget guide outlines how small businesses can plan wisely and grow stronger ahead of 2025.
Unused Funds from MD 529s Can Now Be Rolled Over to IRAs
As of January 2024, MD 529 account beneficiaries can now make limited tax-exempt rollovers to Roth IRAs.
The Importance of Worker Classification for Businesses
If your business has engaged independent contractors to address your shifting staffing needs, you must ensure these workers are properly classified for federal tax purposes. Here is a breakdown of the main consequences your company could face if you misclassify workers.
Effective July 1, 2024: The Department of Labor’s New Overtime Rule
The Department of Labor recently enacted a rule that changed the threshold to determine which salaried employees are exempt from overtime pay. Here’s a breakdown of the rule and how this change impacts business owners.
What is ESG: A Breakdown of the Framework & How it Affects Your Business
Companies are increasingly being judged on their environmental, social, and governance (ESG) practices. But what exactly is ESG, and how is it affecting businesses? Here’s a brief overview of ESG and what small business owners need to know.
New Beneficial Ownership Reporting Requirements for LLCs Effective January 1, 2024
Learn more about The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) new reporting requirements for Limited Liability Corporations (LLCs), which took effect January 1, 2024.
What You Need to Know About Filing a Tax Extension
Filing taxes can be stressful, and even well-prepared individuals may need more time. Opting for a tax extension can be a practical solution in these situations. Here is a brief overview of some important things you’ll want to know about before filing a tax extension.
Tax Credits vs Tax Deductions: What’s the Difference?
Two of the most common terms when doing taxes are “deductions” and “credits.” However, it can be challenging to differentiate between the two and how they influence your taxes. Here is a breakdown of the definitions of both terms and their key differences.
Claiming the Standard Deduction Vs. Itemized Deductions: What’s the Difference?
Standard deduction. Itemized deduction. Which one to take? It comes down to simple math. Here is a breakdown of the differences between the standard deduction vs. itemized deductions and what they mean for taxpayers.
What Businesses Should Plan for in 2024: How to Navigate the Current Economic Landscape of Inflation and Interest Rates
We’re looking into the future and discussing what businesses should plan for 2024.
Year-End Financial Planning Checklist for Individuals
The end of the year is a great time to reflect and plan for the upcoming year. Here is a year-end financial planning checklist to help you evaluate things from the past twelve months and plan for the year ahead.
Is Tax Planning Worth It?
Tax Planning is an expense. How do you know if that expense is worth it for you? Check out our breakdown to see if it's right for you.
