Archive for Category: Advisory

Tax-Treatment of Year-End Bonuses

Many employers offer Christmas bonuses or year-end bonuses to motivate their employees. Depending on how the bonus gets paid to the employee, it can affect the employee’s tax return and the tax withholding process. One of the main questions both employers and employees face is – “Are bonuses...

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Reduce Insurance Costs by Encouraging Employee Wellness.

Protecting your company through the purchase of various forms of insurance is a risk-management necessity. But just because you must buy coverage doesn’t mean you can’t manage the cost of doing so. Obviously, the safer your workplace, the less likely you’ll be to incur costly claims and high workers’...

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Get SMART when it comes to Setting Strategic Goals

Strategic planning is key to ensuring every company’s long-term viability, and goal setting is an indispensable step toward fulfilling those plans. Unfortunately, businesses often don’t accomplish their overall strategic plans because they’re unable to fully reach the various goals necessary to get there. If this scenario sounds all too...

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A Midyear Review should go Beyond Financials

Every year is a journey for a business. You begin with a set of objectives for the months ahead, probably encounter a few bumps along the way and, hopefully, reach your destination with some success and a few lessons learned. The middle of the year is the perfect time...

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Managing Negativity in the Workplace

Many businesses strive to create employee oriented environments to improve employee engagement. Employee engagement can increase when employees enjoy coming into the office, so there is a good reason to be focused on our work environments. Unfortunately, no matter how much effort goes into improvement by owners, managers, and...

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Fraud Can’t Happen in My Business, Can It?

Are your company’s funds safe on the inside of your organization? As the Starks say in Game of Thrones, “Winter is Coming!” Some types of fraud are inevitable, and businesses should be prepared! Are you too trusting? Consider this example: Brice is the owner of a gym. Brice sees...

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