MLR

Resources

Categories:

Generally, there are two important elements when it comes to turning leads into customers and then keeping them happy and loyal: strong personal skills and an efficient customer relationship management (CRM) system.

Categories:

There are instances when you can write off interest on personal loans used for business purposes, such as injecting capital into an S corporation, multi-member LLC, partnership or C corporation. But keep in mind that interest expenses must be classified into one of four categories (see box at the bottom of this article for details).

Categories:

Economic shifts can produce a constriction in the flow of venture capital and that is generally bad news for the technology and start-up arena. While innovation may continue, consumers may not benefit.

Categories:

Just about every company has its pack rats who keep every scrap of paper or electronic document that comes past them as well as other employees who can’t wait to get rid of what they consider clutter in their files or on their computers.

Categories:

Acquiring another company and merging it with your business can be the most efficient way to grow. But many acquisitions don’t pay off and it’s often management issues — not market conditions — that get in the way.

Creating an estate strategy is all about helping ensure that your final wishes are carried out in the event of your death and your assets are transferred to your heirs with managing taxes in mind.

Categories:

For one reason or another, you may need to take some money out of an IRA before reaching retirement. You can withdraw money from an IRA at any time and for any reason, but it’s important to keep in mind that most IRA withdrawals are at least partially taxable. In other words, you’ll owe regular income tax on the amount. In addition, the taxable portion of a withdrawal taken before age 59 1/2, which is called an “early withdrawal,” will be hit with a 10% penalty — unless you qualify for an exception.

Categories:

In the wake of health care reform, you might find your practice inundated with new patients. With the extra workload, you might want to hire one or more physicians to help out.

Categories:

In one U.S. Tax Court decision involving several consolidated cases, the court concluded that gains from a partnership’s land sales were high-taxed ordinary income rather lower-taxed long-term capital gains. We’ll explain the decision, but first let’s cover some background information.

Categories:

Employees respond positively to positive recognition. Assuming that statement is true, a question follows: Does positive recognition to employees have to cost a lot of money?