Advice & Resources

COVID Relief Package (CRP) for Business Owners

Important Announcement for All Business Owners with Employees Congress passed a COVID relief provision in the CARES act last Spring that allowed companies with employees to gain a credit for every employee retained starting with…

COVID Relief Package (CRP)

Advice & Resources

Congress passed the $1.9 Trillion COVID Relief Package (CRP) on Wednesday, March 10. The President signed the bill later in the week. This bill has been tagged as COVID relief, but it is so much…

Contractors: Do You Have The Proper Entity Structure In Place To Protect Your Business Assets?

Advice & Resources

In a previous article I wrote about the tax structure efficiency that can come from the proper entity structure. The majority of companies don’t address this well, simply setting their structure in place and never reviewing…

tax structure optimization for contractors Kentucky

Contractors: What are you doing to protect your assets? Are you optimizing the most efficient tax structure?

Advice & Resources

Most construction contractors have been exposed to the topic of asset protection at some point during the existence of the companies they own. For many of you, you were probably advised to organize and form…

Contractors: Do You Have The Right Cash Flow Management System For Your Business?

Advice & Resources

We’ve all heard that overused saying – cash is everything in a business, so the theory goes. By and large that is correct – without cash, a business grinds to a slow, painful death. The…

Where’s My Refund?

Advice & Resources

After the tax deadline we can all breathe a sigh of relief, but you may still have some lingering questions about the status of your refund. We have no control over when government agencies issue…

Behind the Scenes by Melissa Hayes

Advice & Resources

January rolls around, the holidays are over, and then it hits you – it’s almost tax time. This may cause nausea, sweat, and anxiety for some, but it does not have to for you! While…

Tax Cuts and Jobs Act: Business Owners Summary by Rick Fields

Advice & Resources

I had indicated in an earlier blog post that the provisions of this new law for small business owners are anything but simple. There are numerous provisions, most of which will be beneficial, but only if…

Summary of the Tax Cuts and Jobs Act by Rick Fields

Advice & Resources

General Overview This multifaceted legislation was passed by Congress during the week prior to Christmas, 2017. While there have been tax bills of some type virtually every year, this bill is the most comprehensive in…

Giving That Pays Off

Advice & Resources

In light of Thanksgiving being around the corner, we have an amazing opportunity to reflect on the many things we have been blessed with in life. I’m certain we can each find at least one…