Failing to properly fund a living trust is one of the most common errors people make and can lead to unintended consequences and added costs for both the individual and their beneficiaries. In this video, we’ll provide an overview of how to properly fund a living trust.
Now that Research & Experimentation expenses must be amortized over several years, many companies are looking for ways to increase deductions and reduce taxable income. Here are three opportunities to potentially accelerate depreciation and reduce your tax liability.
“Strategic planning is worthless – unless there is first a strategic vision.” – John Naisbitt Last week in this space the conversation was around the idea that at some point everybody has to stop “hunkering down” and start thinking about the future. That means vision, strategy, all that good stuff. Based on some responses I … Read more
“Drive thy business or it will drive thee.” – Benjamin Franklin A few weeks ago, someone forwarded to me a survey that had been taken of business leaders around the globe. These leaders were asked a lot of different questions about their concerns, priorities, initiatives, etc. One of the interesting things that came out of … Read more
“Concentrate all your thoughts upon the work at hand. The sun’s rays do not burn until brought into a focus.” – Alexander Graham Bell Today’s topic isn’t new, but it never gets old either. Leaders everywhere feel like they don’t have enough time. They show up for work, work hard all day long, and at … Read more
“If you want to achieve excellence, you can get there today. As of this second, quit doing less-than-excellent work.” – Thomas Watson One thing I hear almost every organization talk about is their commitment to providing their customers with a quality product or service. I can count on one hand the number of times I’ve … Read more
Many economists are predicting that the US economy will experience a downturn, if not a recession, in 2023. A downturn can lead to job loss, reduced income, and financial insecurity. While it’s impossible to predict the future with certainty, there are steps you can take to protect your finances during a downturn.
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© 2017 Cain Ellsworth & Company, LLP
