by KLPCPA | Aug 22, 2014 | Outsourcing
Businesses of all sizes often overlook cash flow statements, which are one of the most important financial statements for a business. This is true for the largest conglomerates to the smallest of local businesses. These statements can be as simple as a one-page...
by KLPCPA | Aug 15, 2014 | Uncategorized
Most of the time when a Non-Profit or Not-for-Profit is introduced, it elicits associations with their overall mission or goal. The organization may be raising funds for research, scholarships or providing meals to those in need. Whatever the mission or purpose...
by KLPCPA | Aug 15, 2014 | News
Determining the when and how to conduct the business pre-sale valuation is critical to proactively creating an exit strategy. Even after spending a lifetime building a business, some business owners don’t have a business that can be sold—due to lack of planning. And...
by KLPCPA | Aug 8, 2014 | Taxes
One of the most basic planning questions for S-Corp owners is the allocation of earnings between salary and K-1 income. Before getting into the W-2 vs K-1 issues we’ll point out that the owner of an S-Corp is a statutory employee and as such is supposed to...
by KLPCPA | Aug 1, 2014 | Uncategorized
Money, money, money- It seems like everywhere you turn money is the topic of conversation. Whether it’s saving, spending, budgeting or even managing debt, the topic is impossible to escape. The infographic we are sharing with this week has some interesting and...
by KLPCPA | Jul 25, 2014 | Uncategorized
Very few people commit to a marriage with the idea of an impending divorce and often opt not to sign prenuptial agreements. When this happens the small business owner and his or her spouse will have to come to an agreement as to the fair market value of the business....
by KLPCPA | Jul 18, 2014 | News
Retirement is that enticing carrot many adults chase throughout their working careers. We look forward to days when we can pursue volunteerism, leisure activities and passion projects. However, confidence is shaky at best in what retirement will really look like. We...
by KLPCPA | Jul 11, 2014 | Outsourcing
How’s business? This question probably comes up multiple times every week–kind of like, how about this weather? Business is great. We’re staying very busy. For most people, the answer is probably driven by how busy you and everyone who works in your...
by KLPCPA | Jul 4, 2014 | Taxes
Estate Taxes can be the unintended outcome of a successful family-owned business. The team at Kehlenbrink, Lawrence & Pauckner (KLP) rarely meets business owners who get really excited about dealing with estate tax risk. That’s our arena, and we really do get...
by KLPCPA | Jun 27, 2014 | Outsourcing
Projecting a business’s operations far into the future can be a very subjective exercise. Small businesses, by their nature, can experience any number of events that can significantly alter the outcome of the projections. Strategic planning is an exercise in which the...
