Fellow and author for the National Association of Wholesale-Distributors and CEO of the Network for Business Innovation, Mark Dancer, recently led a thought-provoking webinar for regional distribution industry leaders where he gave his perspective on why innovation is critical for distributors today – and for success tomorrow and beyond.
There are a couple tax bills that have been in the works in 2021 that may have a large effect on taxpayers in upcoming years. The two bills that will enact changes are: The Bipartisan Infrastructure Bill (Infrastructure Investment and Jobs Act), signed into law by President
Calendar-year companies that are privately-owned are required to adopt new lease accounting rules beginning January 1, 2022. These new accounting rules will impact nearly all entities utilizing U.S. GAAP; however, manufacturers may be impacted the most. Under the new guidance, U.S. GAAP entities with operating leases are now required to
Life insurance policies are a great way to pass on a large sum of money to a beneficiary when the policy holder passes away. But one often overlooked strategy is using life insurance policies to make charitable donations – and that’s a key strategy for non-profits to educate their donors
While the Build Back Better Framework (BBB) may not be passed in its current form, the proposed legislation has a few international changes that can make a difference in your upcoming tax liability. This bill is still in legislation, but here are a few of the major changes that we
The end of the year is approaching, and the window of opportunity to optimize your tax position for 2021 is closing fast. Here are strategies we recommend everyone consider before the end of the year. Take advantage of long-term capital gain rates Our first stocking stuffer recommendation is to take