What You Need to Know: Self-Rentals and Negative Tax Capital Accounts
This blog is part of an ongoing series highlighting tips and strategies that could help you benefit from or better manage your real estate interests. Be sure to check back to our Real Estate blog frequently to learn more. Did you Know: Self-Rentals Did you know that rental income to
How Manufacturers Prepare in an Uncertain Economy
President and Principal of the Institute for Trend Research (ITR) Economics, Dr. Alan Beaulieu made his 11th appearance and economic forecast for 2020. Attended by over 600 business leaders and owners from the tri-state area, Beaulieu is no stranger to the Manufacturing and Industrial community. A prolific author
A Roadmap Recap for Wholesalers & Distributors
On Thursday, August 26, Barnes Dennig hosted the annual seminar for the Wholesale/Distribution Niche. We had a great turnout to hear Mike Marks present on Creating a Digital Roadmap to Drive Profits. Mike began his presentation showing that the distribution industry remains robust but is facing dramatic changes. At
Qualified Opportunity Zones: Two New Ways to Benefit
Two Opportunity Zone (OZ) related initiatives were announced last week that benefit small businesses operating in OZs as well as homebuyers that may purchase a house in an OZ. These initiatives open up the OZ playing field in a way that will allow for even more people to benefit. For
Prepare Your Construction Business for an Economic Slowdown
The upcoming winter season may not be the only reason you’re seeing a decline in new construction projects. Economists are predicting a nation-wide economic downturn in the new year. Just last month, Federal Reserve Chairman Jerome Powell announced the Fed was dropping U.S. borrowing rates by another quarter of a
Year-end, Year-Round Tax Planning Update
The end of the year represents the perfect opportunity to reflect on the last 12 months and to review your overall personal financial situation. We’ve had a year to assess the impact of 2018’s tax reform bill and to understand how your own tax situation was affected. Reviewing your tax