Many employers have established Health Reimbursement Arrangements (HRAs) as a tax-advantaged way to allow employees to receive reimbursements for out-of-pocket medical expenses. What’s often overlooked is that, under certain circumstances, HRAs can … [Read more...]
2021 – 06/17 – Pandemic lessons for contractors to build on
Don’t assume your profitable company has strong cash flow
Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you make an … you probably know how the rest of the expression goes.A dangerous assumption that many business owners make is that, if their companies … [Read more...]
EEOC addresses requiring and incentivizing COVID-19 vaccination
Vaccines for COVID-19 have been available for months now. As of this writing, about half of adults in the United States are fully vaccinated, and many more than that have had at least one shot.Yet, in all this time, employers haven’t received much … [Read more...]
The long and short of succession planning
For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary for those who are relatively young and have no intention of giving up ownership anytime soon.But if the past year or so … [Read more...]
2021 – 05/27 – 3 questions can help determine business solvency
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