Read About - 2023 Cost of Living Adjustments for Retirement PlansNovember 8, 2022
The IRS has announced cost of living adjustments (COLA) applicable to qualified retirement plans for 2023. Following is an updated summary of those adjustments
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Read About - What You Need to Know, ERISA Record Retention RequirementsNovember 8, 2022
https://windes.wistia.com/medias/ihgxhsoxvt?embedType=async&videoFoam=true&videoWidth=640
At a Glance
Main Takeaway
As a plan administrator, you must meet all Employee Retirement Income Security Act of 1974 (ERISA) record retention requirements to ensure your plans are compliant
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Read About - Business Combinations and Accounting for Income Tax Under ASC 740October 28, 2022
At a Glance
Main Takeaway
Business combinations, in which an acquiring entity obtains control of another business (or multiple businesses), can yield revenue, eliminate competition, and allow companies to tap into previously inaccessible consumer markets
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Read About - 2022 Tax Data ScheduleOctober 25, 2022
Windes Senior Tax Manager Brooke Sigler and Tax Manager Matt Whipple have produced a user-friendly tax data schedule for 2022
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Read About - Understanding the Buy, Borrow, Die Tax Planning StrategyOctober 20, 2022
At a Glance
Main Takeaway
Many people interested in building personal and generational wealth follow the buy, borrow, die tax planning strategy to reduce tax liability on their assets
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Read About - Common Accounts Payable Processing ChallengesOctober 18, 2022
At a Glance
Main Takeaway
Every business must handle accounts payable processing tasks efficiently to maintain operations and stable cash flow
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Read About - Questions an Exit Planning Advisor Should Ask for Better ResultsSeptember 15, 2022
At a Glance
Main Takeaway
A competent exit planning strategy is critical to your company’s future if you own a business
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Read About - New Estate Tax Portability Election ReliefSeptember 12, 2022
At a Glance
Main Takeaway
A new IRS provision passed in July 2022 extends an estate's time to elect the portability of a deceased spouse's unused exclusion amount (DSUE)
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Read About - 5 Questions for Your Accountant to Achieve Small Business GrowthSeptember 7, 2022
At a Glance
Main Takeaway
Your goal as a private business owner is to run a profitable operation
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Read About - Understanding Revenue Synergies for a Successful M&A StrategyAugust 24, 2022
At a Glance
Main Takeaway
The expanding interest in mergers and acquisitions in the corporate world has recently called attention to the idea of synergy
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Read About - Private Companies Unsure About Lease CostsAugust 22, 2022
At a Glance
Main Takeaway
A 2022 report from the Visual Lease Data Institute revealed a shocking truth about private company leases
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Read About - ASC 842 and Lessor Accounting ChangesAugust 22, 2022
At a Glance
Main Takeaway
The new ASC 842 lease accounting standard aims to increase transparency between companies and investors by establishing clear guidelines for proper lease management and lease accounting
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