The CAC Payback Period looks at how a business needs to recover its investment in attracting new customers. It is especially crucial for companies that are in industries with large marketing and sales costs. It’s an important metric because it... View Article
Now is the time to focus on year-end tax planning. Careful and strategic planning can help minimize your tax bill and maximize what you keep. Given the uncertainty and sweeping scope of proposed tax law changes, planning is both more... View Article
When a business owner wants to expand his business concept across a region or the country, franchising can be an attractive option. According to the International Trade Association’s 2016 Franchising Top Markets Report, franchising was projected to generate $944 billion... View Article
The much anticipated Republican tax bill is finalized, with President Trump expected to sign the legislation into law before Christmas. The final bill codifies significant changes to personal business tax laws, both in terms of tax structure and rules. Below... View Article
Some experts are predicting that the recent tax legislation will create a ton of new business creation and activity – just not the kind that lawmakers originally intended. These people are predicting a surge in efforts for reclassification and the... View Article
When it comes to selling online, gaining users’ trust is a serious matter for businesses. Based on a July 2015 poll from the U.S. Census Bureau and the National Telecommunications and Information Administration, security and privacy concerns are a big... View Article
Cryptocurrency is hot right now. As it emerges as an asset class of its own, many people are still confused how to treat it for federal income tax purposes. In response, the IRS issued guidance back in 2014 that treats... View Article
When it comes to organizations getting the word out, using internal public relations professionals can be quite effective. But how do you know when it is necessary to retain the services of an outside PR firm? One important step in... View Article
Single Taxpayers 2018 Tax Rates – Standard Deduction $12,000 2017 Tax Rates – Standard Deduction $6,350 10% 0 to $9,525 10% 0 to $9,325 12% $9,525 to $38,700 15% $9,325 to $37,950 22% $38,700 to $82,500 25% $37,950 to $91,900... View Article
Estate planning is never done. Just like a piece of real estate, it needs periodic maintenance and care to make sure it’s in good shape when you need it most. Provisions in the newly passed GOP tax plan mean it’s... View Article