Manufacturing

Silver Lining to Tax Cloud Hovering over Small Business Values

Tax changes kicking in for 2013 have deflated small business values, but there are more transactions as buyers hope to get a good price, according to a new study from BizBuySell, the online business-for-sale marketplace.

Brokers surveyed say they are currently seeing an increase in the number of deals being completed, compared to the same…

Bob Schiller Discusses Personal Goodwill in Goering Center March Newsletter

Selling a business can be a stressful and life changing event. As a business owner, you have poured your blood, sweat and tears into your organization. When it comes time to sell, getting the greatest value for what you’ve built is critical. That means not only negotiating the best sale price, but also minimizing the…

November 12 , 2012 | Posted by Craig Vonderhaar |

Does “Qualified 5-Year Capital Gain” Sound Familiar?

By now you have heard plenty of speculation as to whether or not the tax cuts enacted by the Bush administration in 2001 and 2003, and temporarily extended in 2010 by President Obama, will again be extended beyond 2012. Allowing these cuts to expire will lead to significant changes in tax rates and deductions beginning…

Employee Payroll Taxes are Set to Increase in 2013

Employee Payroll Taxes are Set to Increase in 2013. For 2011 and 2012, employees have received a break on their wage withholdings.  The Old-Age, Survivors, and Disability Insurance (OASDI) rate – previously 6.2% – was reduced to 4.2% for these two years.  In 2013 the rate is scheduled to go back to 6.2%.

The OASDI, also…

October 26 , 2012 | Posted by John Eberhart |

Improve Fraud Prevention with Red Flag Reporting

The average person can name several corporate scandals off the top of their head. Once a fraud scandal becomes a household name, the victim organization may never recover from the damage to its reputation. The effects are far-reaching: employees, investors, creditors, vendors, customers and the community are among those who can suffer tremendously from fraud.…

Small Business Lending Starting to Thaw?

As a member of the Hamilton County Development Company SBA Loan Review Committee, I am beginning to see more activity in loan requests, both in new loans and refinances. This is good news for our local Cincinnati economy as the loan activity increases, so too will employment (eventually). The following article addresses this on a…

Have You Considered Variable Pay as a Part of Your Company’s Compensation Plans?

Employers nationwide are searching for inventive ways to tie employees’ pay to individual and company performance, while still remaining attractive in a competitive job market. “Variable” compensation is one way to accomplish these objectives and seems to be the wave of the future.

Variable compensation is becoming a more common method for rewarding employees while…

June 20 , 2012 | Posted by Gwen DiMeo |

Fresh Start – Texas Amnesty Program

The Texas Comptroller has announced a tax amnesty program under which business can file missing or correct understated reports without penalty or interest.  The amnesty program runs from June 12 until August 17, 2012.

The amnesty covers state and local taxes, franchise taxes, sales taxes and fees from the Comptroller’s office originally due before April…