Overhead costs can be a major challenge for construction businesses. These are expenses that don’t directly relate to a specific project, but they significantly impact profits. Smart business owners know that controlling overhead is key to financial success and flexibility. More so, partnering with accountants can provide invaluable insights...
Financial Planning for Real Estate Development Projects: Key Considerations Embarking on a real estate development project is a strategic move that demands careful financial planning. At MKS&H, we recognize the complexities involved in managing the financial aspects of such projects. In this comprehensive guide, we’ll outline the essential financial...
Embarking on the entrepreneurial journey is exhilarating, yet navigating the financial landscape can be daunting for startups. At MKS&H, we understand the unique challenges faced by emerging businesses and offer tailored financial tips to steer them toward success. Establishing a Solid Financial Foundation: Building a robust financial foundation is...
In the commercial real estate industry, there’s a good chance that you have encountered the term “accredited investor.” Accredited investors are permitted to invest in securities that are not registered with the Securities and Exchange Commission, and, in order to qualify, you must meet specific net worth and income...
The IRS recently granted relief to certain U.S. persons who own stock in certain foreign corporations affected by the repeal of Internal Revenue Code Section 958(b)(4) under the Tax Cuts and Jobs Act. Revenue Procedure 2019-40 limits the inquiries that U.S. persons must make to determine whether certain foreign...
Cryptocurrencies were the rage until December 2017 when the Bitcoin pricing reached all-time highs of close to $20,000 after having been as low as $1,000 in January of that year. The pricing of Bitcoin was only 7 cents when trading started in 2010. By the end of 2018, the...
Before you decide to invest in annuities, you need to know a few things about them so you can make sure it is the right kind of investment for you. While considering an annuity might seem like a wise choice on the surface, they are often misused and misunderstood....
When setting up payroll in the United States, there are certain rules and taxation that you need to take note of. As a general rule, the primary concern of any company in the United States is that they need to comply with the tax laws including the federal, state,...
Selling investments are not as simple as selling cookies to your neighbors. In fact, a hasty decision to sell might cost you money. So, before you sell an investment (stocks, real estate, or any other valuable), consider the following tips.
Cutting costs is a short-term strategy to help manage expenses and build a quick profit. But as a business leader, you want to focus on a long-term strategy for growth and profitability with your organization. There are many ways to do this, but here are 5 ideas to consider...