As a top 15 CPA firm headquartered in the Chicagoland area serving clients both nationally and internationally, PKF Mueller offers all of its employees unlimited opportunities for personal and professional … The post Opportunity is Knocking, Why Make it Wait? appeared first on PKF Mueller.

If you’ve been in business for a while, you’ve probably considered many different employee benefits. One option that might have crossed your desk is an employee stock ownership plan (ESOP). Strictly defined, an ESOP is considered a retirement plan for employees. But it can also play a role in succession planning by facilitating the transfer of … Evaluating an ESOP from a succession planning perspective Read More » The post Evaluating an ESOP from a succession planning perspective appeared first on Hutchinson and Bloodgood LLP.

Reading time: 4 minutes Earlier this month, President Biden signed the Inflation Reduction Act (Act) into law. This partisan legislation is focused on building and incentivizing investment into energy-efficient manufacturing and technologies. Concurrently, it expands the tax incentives available for clean energy vehicles and other purchases expected to result in a reduction of U.S. emissions … Continued The post Inflation Reduction Act’s Tax Impact on Individuals first appeared on JLK Rosenberger.

If you’ve had a hard time staying afloat over the past couple of years, you may need to diversify your not-for-profit’s income stream.

Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a SIMPLE IRA or Simplified Employee Pension (SEP) plan? Consider a solo 401(k) if you have healthy self-employment income and want to contribute substantial amounts to a retirement nest egg. … Self-employed? Build a nest egg with a solo 401(k) plan Read More » The post Self-employed? Build a nest egg with a solo 401(k) plan appeared first on Hutchinson and Bloodgood LLP.

There is more to an audit than simply going through one. Other valuable things can come from audits that business owners should consider.