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    • Our Leadership Team
    • Community Involvement
    • Board and Leadership
    • Membership
    • Client Testimonials
    • Integra International
    • Peer Review Results
  • Business Services
    • Assurance
    • Business Advisory & Consultation
    • Client Accounting Services
    • Mergers & Acquisitions
    • Tax Planning & Compliance
    • Project Professional Services
      • What We Do
      • Why Lohman Company
    • Employee Retention Credit
  • Individual Services
  • Project Professional Services
    • What We Do
    • Why Lohman Company
    • How We Do It
    • Become a Project Professional
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  • Careers
    • Career Opportunities
    • Life at Lohman
    • Become a Project Professional
    • College Recruiting
  • Resources
    • Blog
    • Firm News
    • Calculators
    • Record Retention Guidelines
    • Reportable Transactions
    • The Trusted Advisor
    • Integra International A&A Newsletter

Blog

Mar242023
Blog

7 Steps to Start a Business

BlogMarch 24, 2023

The idea of starting your own business is inherently romantic, if not exhilarating: You get to run the show, flesh out your ideas, and live your dream. But where do you begin? Here are seven…

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Mar102023

How To Use Natural Language Processing to Improve the Efficiency Of Accounting Processes

BlogMarch 10, 2023

Natural language processing (NLP) is a technology that allows computers to understand and process human language. Processing of natural language is necessary when you want an intelligent device to follow your instructions. NPL is an…

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Feb242023

Understanding the Latest Modifications to Form 1099-K Reporting Requirements

BlogFebruary 24, 2023

There has been updated guidance on how and when tax filers must file and report Form 1099-K, Payment Card, and Third-Party Network Transactions in 2022 and 2023. According to the December IRS release, new income…

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Feb102023

Defining an Impaired Asset

BlogFebruary 10, 2023

When it comes to defining an impaired asset, its fair market value is worth less than the original cost of the asset – or more formally, its carrying value. As a company re-evaluates its assets’…

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Feb32023

Why You Might Not Need a New Budget for the New Year

BlogFebruary 3, 2023

So, we’re a month into 2023 and the sheen might’ve dulled from all your shiny, New Year’s resolutions. Though diet and exercise are the top things you might want to change, there’s one you might…

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Jan272023

Handling Talent Shortages in Tech Departments

BlogJanuary 27, 2023

Technology advancement has brought about great digital transformation. Unfortunately, this has come with a global tech talent shortage. IT executives highlight the shortage as a huge barrier to the adoption of emerging technologies, as reported…

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Jan202023
inventory

Inventory Valuation: How Companies Can Calculate It

BlogJanuary 20, 2023

By 2021, there were 20,000 warehouses in the United States and growing, according to the United States Bureau of Labor Statistics (BLS). With more warehouses expected to pop up in 2022 and beyond, one important…

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Aug222022

The Inflation Reduction Act: A Brief Overview of Potential New Legislation

BlogAugust 22, 2022

On August 7, the U.S. Senate voted to pass the Inflation Reduction Act (IRA). The enormous bill—clocking in at 725 pages—contains a wide range of provisions and comes with a nearly $750 billion price tag.…

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Aug222022

Big Data Storage: What You Need to Know

BlogAugust 22, 2022

Today, businesses have to grapple with vast amounts of data from different sources, including emails, mailing lists, customer orders, system logs, mobile apps, social media networks, etc. This data is crucial to businesses in various…

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Aug222022

How Will the Federal Reserve’s Quantitative Tightening Impact Markets?

BlogAugust 22, 2022

Starting June 1, the Fed began reducing its balance sheet holdings of U.S. Treasuries by $30 billion a month for three months. Thereafter, it will double its reduction of U.S. Treasuries by $60 billion per…

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Aug222022

Does Your Estate Plan Need Updating to Include Digital Assets?

BlogAugust 22, 2022

This article explains the importance of keeping your estate plan up to date, especially since people are living longer and need more options in their documented life. Three sections in your estate plan that should…

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Aug222022

Lohman Company Takes Top Spot in Ranking Arizona’s Top Accounting Firms List for Third Year In a Row

BlogAugust 22, 2022

Lohman Company, PLLC is pleased to announce they have placed #1 on this year’s Ranking Arizona’s “The Best of Arizona Business 2022 Accounting Firms” with 6 to 30 CPAs. It is the third consecutive year…

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Aug222022

What Trends Should Small Businesses Be Watching in 2022?

BlogAugust 22, 2022

This article discusses a variety of trends that small businesses should either be focusing on or not as we continue along in 2022. For example, this link lists shipping status, waiting for the new normal,…

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Aug222022

March Integra International A&A Newsletter

BlogAugust 22, 2022

Lohman Company, PLLC has been a member of Integra International since 2005. As a member, we receive their monthly, “Audit & Accounting Alert Newsletter” that we would like to share with you.  This newsletter is a great…

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Aug222022

Young Family Business Owners Can Be the Most Determined to Sustain and Grow Your Business

BlogAugust 22, 2022

According to research by Family Enterprise Foundation, younger generation owners are the most committed to preserving the family business. A survey found that “97 percent of next-generation respondents consider it important to sustain the family…

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Aug222022

Small Business Trends to Watch

BlogAugust 22, 2022

This link offers a comprehensive breakdown of the small business industry as it stands in 2022. For example, graphs displaying emerging trends, the effect of the pandemic, and hiring numbers are all included. Small businesses…

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Aug222022

How Can Your Small Business Take Action Against Rising Theft and Shoplifting?

BlogAugust 22, 2022

This article explains how shoplifters are stealing thousands of dollars from big and small retailers, and how the smaller retailers are handling the situation. Derek Friedman, a small business owner, says that since 2019 shoplifting…

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Aug222022

Communication is Vital for CFOs

BlogAugust 22, 2022

In this article, a survey was conducted by Oracle NetSuite to get insights from numerous executives about the importance of each role and their communications skills. The survey “polled small and midsize company leadership in…

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Aug222022

8 Ways to Save Startup Money in 2022

BlogAugust 22, 2022

This article discusses how many start-up businesses eventually fail, but by utilizing the eight strategies outlined in this link, you will give your start-up business the best chance possible at succeeding and even flourishing. For…

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Aug222022

Tips for Hiring and Retaining Employees

BlogAugust 22, 2022

This article discusses how running a small business can be a difficult task, especially when managing your most important asset, the employees. However, by following tips such as upgrading your onboarding checklist software, rewarding employees…

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Aug222022

The Pros and Cons of Running a Business with Family

BlogAugust 22, 2022

This article explains how hiring family members can have their strengths and weaknesses. It is much easier to hire a family member rather than a stranger because each person can usually be reliable and dependent…

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Aug222022

Gas Saving Tips for Your Summer Travel

BlogAugust 22, 2022

This article explains the best money-saving methods for travelers hitting the road this summer. All 50 US states have hit the $4 per gallon mark, and the national average is currently at $4.59. According to…

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Aug222022

R&D Tax Credits for Startups

BlogAugust 22, 2022

This article explains the significant benefits that startups in 2022 receive when using R&D tax credits. For companies to qualify for R&D tax credits, their ideas must be a new or improved business component for…

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Aug222022

Tax-Avoiding Schemes Are at the Top of the 2022 “Dirty Dozen” List

BlogAugust 22, 2022

This article explains some tax-avoiding strategies that the IRS will be flagging down. Some strategies include “concealing assets in offshore accounts and improper reporting of digital assets, non-filing of income tax returns by high-income individuals,…

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Aug222022

4 Tips to Save at the Pump With or Without a Gas Tax Holiday

BlogAugust 22, 2022

This article explains that the Biden Administration has proposed a federal gas tax holiday in order to help US citizens with the current gasoline prices. Unfortunately, Patrick De Haan, head of petroleum analysis at GasBuddy,…

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Aug222022

Changes to Bonus Depreciation Rules

BlogAugust 22, 2022

This article explains that bonus depreciation rules have been changed over several years. In 2016 and 2017, under the IRS Revenue Proclamation (Rev. Proc.) 2019-33, Section 5.02 Section – Deemed Election states: “a taxpayer that…

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Aug222022

Does Your Small Business Have the Right Tech Tools for the Future?

BlogAugust 22, 2022

This article explains that the current state of the economy and the Covid-19 pandemic has drastically changed the way consumers behave. It’s extremely important for small businesses to capitalize on digital transformations. A Bill.com survey…

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Lohman Company Announces New Senior Director, Project Professional Services

BlogAugust 22, 2022
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Aug222022

Divorce and Taxes – What Are the Implications?

BlogAugust 22, 2022

This article explains the precautions to take when getting a divorce, and several tax concerns that need to be addressed to ensure that taxes are kept to a minimum and important tax-related decisions are properly…

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Aug222022

The IRS is Auditing Fewer Returns than Ever

BlogAugust 22, 2022

One of the perennial fears of taxpayers is getting audited by the IRS. Financially, few scenarios strike such fear into hearts. However, taxpayers can probably breathe a sigh of relief – at least for now.…

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Aug222022

Keeping a Family Business Running Smoothly Generation after Generation

BlogAugust 22, 2022

This article discusses three dysfunctions that are commonly seen throughout family businesses. Chris Yonker, the author of the article, says that following the steps of over-achievers can be a bad way to help ensure the…

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Aug222022

Keep Your Money in the Family with These Estate Planning Tips

BlogAugust 22, 2022

This article explains why and how keeping money within the hands of the people you trust will help you in the future. Heirs could be responsible for “paying federal income taxes on either assets or…

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Aug222022

Succession Planning Should Be Part of Family Business Strategy

BlogAugust 22, 2022

Too often CEOs of a company will procrastinate the succession of their company to the next generation. This may happen since the idea of retiring from a business can be too difficult to embrace. Another…

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Lohman Company, PLLC Announces Partner Retirement

BlogAugust 22, 2022
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Aug222022

Consequences of Some Retirement Options on Small Businesses

BlogAugust 22, 2022

Valeria Alterman and Ariane Froidevaux delve into research on various retirement options for small business owners. They look into their custom model of retirement decision options for small business owners to separate from their business,…

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Aug222022

Inflation Adjustments for 2022 Returns

BlogAugust 22, 2022

This article explains the new inflation adjustments that are being made by the IRS issued through Rev. Proc. 2021-45. The IRS also cautioned that “with legislation pending in Congress that might affect 2022 tax returns,…

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Aug222022

Things to Consider When Planning Your Family Business Succession

BlogAugust 22, 2022

This article explains why family businesses continue to generate 70-90% of global GDP annually. Ernst and Young reported that “the largest 500 family businesses constitute the third-largest economic contribution in the world by revenue and…

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Aug222022

What the End-of-Work Landscape Looks Like Now

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic forced many employees to look towards their 401(k) plan in order to borrow cash for personal financial burdens. However. “About 47% of employees who took a retirement loan…

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Aug222022

The importance of Having a Plan When Including Family in Business

BlogAugust 22, 2022

In this article Jolene Brown, a family business consultant points to four major mistakes when breaking down a family business. She firstly points out that assuming all genetic relationships equal good working relationships is wrong.…

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Aug222022

The Benefits of Business Valuation for Small Businesses

BlogAugust 22, 2022

This article demonstrates the possibilities a small business can pursue after receiving a valuation. A valuation can give small business owners benefits such as tracking progress and “a road map to deliberate decision making.” Some…

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Aug222022

Embracing a New Era of Innovation in 2022

BlogAugust 22, 2022

This article explains the importance of building your company’s online structure in a growing technological world. Technology is more powerful than ever challenging a business to restructure in new ways where it can sustain itself…

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Aug222022

Estate Planning Should Include What Happens to Digital Assets and Cryptocurrency

BlogAugust 22, 2022

This article explains how the assets people own have become more complicated, making it a little more difficult to include everything in your will. Only about 46% of Americans have made provisions for how their…

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Aug222022

Tax Deductions and Credits to Consider in 2022

BlogAugust 22, 2022

This article discusses how there are two main strategies that individuals can take advantage of in order to lower their tax bills, deductions, and credits. While tax deductions lower your taxable income, tax credits are…

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Aug222022

Ways to Keep Adult Children from Becoming a Financial Liability

BlogAugust 22, 2022

This article explains several scenarios where your child may be asking you for financial help. First, they may have taken many loans and want your help with EMIs. The author suggests turning the child to…

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Aug222022

Determining If Your Vacation Rentals Are Really Commercial Real Estate

BlogAugust 22, 2022

This article discusses the ins and outs of a tax strategy known as a cost segregation study, and in particular, for those that own a vacation rental real estate. When the property is leased out…

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Aug222022

Protecting Your Business from Cyberattacks and Fraud in 2022

BlogAugust 22, 2022

This article discusses how most companies today rely heavily on the Internet and other technology to operate. Although these tools are vital and can be useful, they also pose the threat of cybercrime. However, by…

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Aug222022

Digital Innovations to Watch in 2022

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic accelerated many trends that we see today in the workplace. Specifically for start-ups, it is important to take advantage of these trends to stay competitive. For example, trends…

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Aug222022

Small Business Trends to Watch

BlogAugust 22, 2022

This article discusses how 2022 is a viable year for most small businesses as they continue to rebound from the coronavirus pandemic. A recent report shows that attracting new customers is the top challenge for…

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Aug222022

Building a Business Case for Remote Work

BlogAugust 22, 2022

This article explains the challenges that businesses face when dealing with remote workers. Mobility managers may face numerous tasks, including understanding complex and evolving rules for tax, immigration, and other legal purposes. Mobility managers also…

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Aug222022

Strategies for Preventing Fraud

BlogAugust 22, 2022

This article discusses how fraud is one of the most concerning topics for start-ups and small businesses alike due to the highly digitalized world that we live in today. It is so prevalent that “organizations…

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Aug222022

The Benefits of Work Management

BlogAugust 22, 2022

This article discusses the definition of work management and how it differs from project management. Specifically, work management “is the oversight and supervision of all individual and team tasks and task lists within one project…

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Aug222022

Remote Work Policies That Last

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic has shifted the way many industries are conducted on a day-to-day basis. Specifically, teleworking has become the new norm, and it is important to have proper procedures in…

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Aug222022

Strategy of Time Clock Rounding

BlogAugust 22, 2022

This article discusses the business strategy of time clock rounding in order to ease payroll calculation and prevent employee time theft. With many employees still working from home, these practices are important to review frequently.…

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Aug222022

Financial Mistakes Business Owners Made During the Pandemic and How to Avoid Them

BlogAugust 22, 2022

This article discusses how many businesses felt a significant negative impact due to the coronavirus pandemic this past year. Although most of the setbacks were unavoidable, it is important to do everything in our power…

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Aug222022

Tips for Family Business Success

BlogAugust 22, 2022

This article acknowledges and discusses how running a family business can be difficult at times. From balancing a family work-life balance to communication issues, this industry can be very challenging. However, by following tips such…

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Aug222022

Marketing Your New Startup

BlogAugust 22, 2022

This article discusses how many startup firms are having similar problems in marketing and getting their new ideas out there. Whether your startup is 5 years old or 5 days, utilizing tips such as email…

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Aug222022

Creating a Post-COVID Workplace

BlogAugust 22, 2022

This article discusses how businesses are starting to return to the workplace following the relaxing of COVID-19 regulations. However, this process may be more difficult than anticipated. This article outlines three steps to consider when…

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Aug222022

Which Meals Qualify for the Temporary 100% Expense Reduction?

BlogAugust 22, 2022

This article discusses how the IRS released guidance explaining deductions on food and beverage within a restaurant. There was a temporary 100% deduction which was “designed to help restaurants, many of which have been hard-hit…

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Aug222022

Getting the Most From Selling Your Business

BlogAugust 22, 2022

This article discusses how there are many factors at play when a business gets bought or sold. Specifically, topics such as reoccurring revenue, why someone sells, buyers’ interests, evaluation criteria, and the 4 P’s (People,…

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Aug222022

Family Business Succession Tips

BlogAugust 22, 2022

This article discusses the sad reality of how fewer than 1/3 of family businesses are successively handed down to the second generation. However, utilizing the tips outlined in this article such as starting your succession…

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SBA Releases New PPP Loan Forgiveness Guidance

Blog, Covid-19August 22, 2022

On July 28, the U.S. Small Business Administration (SBA) released an update to the forgiveness process for the majority of Paycheck Protection Program (PPP) loans. The goal of the new guidance is to streamline the…

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Aug222022

Tips for Selling Your Business in 2021

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic has impacted the way people are purchasing businesses and how business owners are selling. In fact, there’s been a rise in investment activity, and it is expected to…

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Aug222022

Succession Planning Strategy for Your Business

BlogAugust 22, 2022

Too often CEOs of a company will procrastinate the succession of their company to the next generation. This may happen since the idea of retiring from a business can be too difficult to embrace. Another…

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Aug222022

What You Need to Know About Business Meal Deductions

BlogAugust 22, 2022

This article discusses guidance on the Tax Cuts and Jobs Act pertaining to the general deduction of business entertainment expenses. Because of the guidance put out in 2020, “Taxpayers…must carefully follow the rules set out…

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Aug222022

Things to Consider Before Selling Your Business

BlogAugust 22, 2022

This article discusses the best methods to practice before selling your business to someone who values it as much as you do. Firstly, it is important to determine your business value. In order to successfully…

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Aug222022

Affordable Marketing Ideas for Startups

BlogAugust 22, 2022

This article discusses how marketing is essential for any successful business, especially startups. However, sometimes the best marketing practices can be extremely expensive with little return on investment. However, using simple tips such as getting…

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Aug222022

Succession Planning for Your Family Business

BlogAugust 22, 2022

This article discusses the importance of having a succession plan. According to the Dayton Daily News, about 3 out of 4 small businesses currently do not have a succession plan. Succession plans should not be…

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Aug222022

Productivity Tips for Your Small Business

BlogAugust 22, 2022

This article discusses both the importance of a good leader in any small business as well as the requirement that the business is productive. To help you decide what is important to understand, members of…

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Aug222022

Receipt Signatures, Does Your Small Business Need Them?

BlogAugust 22, 2022

This article discusses an important topic that all small business owners should consider as it occurs every single day. In the past, credit card transactions required a signature in order to help authenticate the purchase.…

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Aug222022

Business Travel Deductions for 2021

BlogAugust 22, 2022

This article discusses how under previous law, deductions for business meals were limited to 50% of the cost, but through the pandemic, that deduction was doubled to 100% for the time being if the meal…

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President Signs Additional Stimulus Legislation

Blog, Covid-19August 22, 2022

On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (CAA2021), which includes $892 billion in coronavirus stimulus spending. This long-awaited and highly contested piece of legislation ties coronavirus relief funding…

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Changes to the Paycheck Protection Program

Blog, Covid-19August 22, 2022

As a follow-up to our communication on December 3 regarding key provisions of the Paycheck Protection Program (PPP) and loan forgiveness, we are writing to inform you of significant changes to the PPP included in…

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New Paycheck Protection Program Guidance Released

Blog, Covid-19August 22, 2022

On Wednesday, January 6, the U.S. Small Business Administration (SBA) and the Treasury issued joint guidance regarding the latest updates to the Paycheck Protection Program (PPP), as amended by the recent COVID-19 relief bill. A…

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Aug222022

Trends Driving Small Business in 2021

BlogAugust 22, 2022

This article discusses how the COVID-19 pandemic has changed the landscape on which most small businesses operate. However, trends such as digital footprint, virtual efficiency, workplace culture, and customer reviews are all set to be…

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IRS Releases Anticipated Guidance Regarding PPP Loans and Expense Deductibility

Blog, Covid-19August 22, 2022

On November 18, the Internal Revenue Service (IRS) released Revenue Ruling 2020-27 and Revenue Procedure 2020-51. The two releases offer clarification regarding the non-deductibility of expenses that contribute to the forgiveness of loans from the…

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Changes Related to the Employee Retention Tax Credit (ERTC)

Blog, Covid-19August 22, 2022

The original Coronavirus Aid, Relief and Economic Security Act (CARES Act) signed into law on March 27, 2020 did not allow employers to both obtain a Paycheck Protection Program (PPP) loan and claim the Employee…

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Aug222022

Building a Lasting Family Business

BlogAugust 22, 2022

This article acknowledges and discusses the portrayal that the media gives us of family businesses. Although this industry operates on the more risky side, the owners of family businesses possess a unique decision making power.…

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Aug222022

Marketing Tips for Start-ups

BlogAugust 22, 2022

This article outlines and then continues to dive into detail about seven marketing tips for your start-up business. As a start-up, funds can be limited, but tips such as solidifying your brand, staying true to…

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Aug222022

Things to Consider Before Applying for a PPP Loan

BlogAugust 22, 2022

This article discusses and addresses the uncertain times that businesses are living through right now due to the coronavirus pandemic. With the passing of the Paycheck Protection Program, there are many things to consider when…

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Aug222022

What is Business Identity Theft and How to Avoid It

BlogAugust 22, 2022

This article dives deep into the concept of business identity theft, as well as preventive measures that you can take in order to reduce the potential fallout. For example, one piece of advice is to…

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Aug222022

Keys to Successful Change Management in Family Business

BlogAugust 22, 2022

This article discusses how important family businesses are to the economy of the United States. However, “70% of family businesses last just one generation before they either fail or are sold.” Succession planning can be…

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Aug222022

Changes to the New PPP Attempt to Aid Small Businesses

BlogAugust 22, 2022

This article discusses some of the key changes the Biden administration is making to the application process of the paycheck protection program. Specifically, Monday started a two-week period in which only businesses that have less…

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Aug222022

Changes in the PPP Program Working Better This Time Around

BlogAugust 22, 2022

This article discusses how the Small Business Administration has made significant changes when comparing the first round of the Paycheck Protection Program (PPP) and the most recent program. Specifically, the SBA stated that “The changes…

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American Rescue Plan Act

Blog, Covid-19August 22, 2022

The American Rescue Plan Act (ARPA) was passed by the Senate on Saturday, March 6 and in the House on Wednesday, March 10. The $1.9 trillion relief bill was signed into law on Thursday, March…

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IRS Announces Individual Tax Deadline Extension

BlogAugust 22, 2022

For the second year in a row, the federal income tax filing due date for individuals has been postponed. The postponements come as a part of the fallout of the coronavirus pandemic and the legislation…

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Aug222022

Keeping Your Company Grounded During a Crisis

BlogAugust 22, 2022

This article discusses and emphasizes the need for all businesses to be able to adapt and pivot in the right direction, especially during a crisis like the Coronavirus pandemic. Some tips that are outlined are…

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SBA Announces Changes to COVID-19 EIDL Loans

Blog, Covid-19August 22, 2022

The U.S. Small Business Administration (SBA) recently announced a major update to the COVID-19 Economic Injury Disaster Loan (EIDL) program. As of the week of April 6, 2021, the maximum loan amount for COVID-19 EIDLs…

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Aug222022

Estate Planning Techniques During COVID

BlogAugust 22, 2022

This article discusses how the COVID-19 pandemic has resulted in low interest rates and depressed asset values, creating a very unique opportunity for estate planners. Specifically, this article outlines five different strategies to consider utilizing…

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Aug222022

Credit and Debt Collection Strategies Your Business Can Implement

BlogAugust 22, 2022

This article discusses and emphasizes the importance of having and implementing the most efficient debt collection process possible. Providing services to your client before payment is often a risky but necessary part of doing business.…

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Aug222022

Tech Trends for Small Business to Watch in 2021

BlogAugust 22, 2022

This article discusses and outlines seven different technology trends to watch within the small business industry. Specifically, these trends are designed to improve software, automation, and machinery functionality. Artificial intelligence-powered chatbots and CRM, streamlining HR…

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Presidential Memos Address Coronavirus Issues

Blog, Covid-19August 22, 2022

Over the weekend, President Trump issued a series of executive actions. Three of the four memos aim at extending CARES Act provisions that have expired already or will expire soon. The fourth seeks to mimic…

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Aug222022

11 Small Business Accounting Tips to Save Your Business Time and Money

BlogAugust 22, 2022

This article discusses some accounting tips that your small business should consider following in order to become more efficient. There are many details business owners must consider, managing your accounting practices early on will allow…

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Aug222022

How COVID-19 Has Changed Business Forever

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic is impacting a number of industries in multiple ways. Some of the trends include working from home, hiring based on technology skill set, and restaurants teaming up with…

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SBA and Treasury Release Additional PPP Guidance

Blog, Covid-19August 22, 2022

On August 24, the Small Business Administration and Treasury made available a new set of guidance regarding the Paycheck Protection Program (PPP) forgiveness issues. The new interim final rule covers two areas: owner-employee compensation and…

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IRS Issues Guidance Regarding Payroll Tax Deferral

Blog, Covid-19August 22, 2022

On Friday, August 28, the Internal Revenue Service (IRS) released Notice 2020-65, which offers guidance regarding the implementation of the Presidential Memorandum on the deferment of some payroll taxes. The memorandum, which was released by…

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Aug222022

Opportunity Zone Tax Incentive Benefits

BlogAugust 22, 2022

This article discusses a rare opportunity that the Tax Cuts and Jobs Act have produced for investors in the United States. Long story short, this act is incentivizing investors to invest in distressed communities in…

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Aug222022

Family Business Trends in a Post-COVID-19 World

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic has impacted the national economy, and in particular, family enterprises. However, being educated on emerging trends such as the rise of small cities, an increase in digitalization, and…

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Aug222022

Successful Employee Recruitment Strategies

BlogAugust 22, 2022

This article is aimed at helping small businesses grow in the right direction through the recruitment process. Some of the best practices outlined in this link are identifying what your vacant jobs entail, advertising, and…

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Aug222022

Small Business Best Practices for the Remainder of 2020

BlogAugust 22, 2022

This article discusses some of the best business practices that your business can partake in order to ensure or maintain results during this hard time. From knowing the weaknesses of your products to having a…

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Aug222022

Fighting Financial Fraud

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic, and in particular, telecommuting, has raised a new set of problems for managers in terms of company fraud. Working from home has its benefits, but as a company…

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Aug222022

Unclaimed Property Distributions Allowed As Self-Certified Rollovers

BlogAugust 22, 2022

The article discusses a recent publication from the IRS in response to multiple requests from stakeholders asking for guidance on self-certifications. Additionally, it outlines what is required within the report as well as the effective…

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Aug222022

Why Hiring a Tax Accountant is Good for Small Business

BlogAugust 22, 2022

This article discusses how, although hiring a CPA for your small business comes with a cost, the pros may outweigh the cons in this situation. For example, hiring a CPA will allow you to save…

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Aug222022

Main Street Loans Opening Up for Smaller Businesses

BlogAugust 22, 2022

This article discusses the most recent announcement from the Federal Reserve Board. This is significant for small businesses because the minimum loan amount went from $250,000 to $100,000 on three Main Street loan facilities. Additionally,…

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Aug222022

Deducting Losses – Current NOL Rules Related to the CARES Act

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic impacted many businesses in a negative way. Despite government funding programs such as the CARES Act and PPP Loan, many businesses are going to finish the year with…

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Aug222022

Finding, Retaining, and Rewarding the Right Staff and Clients

BlogAugust 22, 2022

This article discusses some of the best practices that you can incorporate into your startup or general business to keep adequate clients and customers surrounding your business. Whether it is superior customer service, being open…

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IRS Releases Anticipated Guidance Regarding PPP Loans and Expense Deductibility

Blog, Covid-19August 22, 2022

On November 18, the Internal Revenue Service (IRS) released Revenue Ruling 2020-27 and Revenue Procedure 2020-51. The two releases offer clarification regarding the non-deductibility of expenses that contribute to the forgiveness of loans from the…

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Aug222022

Income Tax Brackets for 2020 and 2021

BlogAugust 22, 2022

This article discusses the importance of being educated on the latest income tax brackets and trends to best optimize your hard-earned savings. Each year the IRS adjusts the tax brackets and knowing exactly which one…

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Aug222022

Processing Payroll in 8 Easy Steps

BlogAugust 22, 2022

Although outsourcing payroll is an effective approach, completing payroll in-house can save your business time and money. You may think that completing payroll is a daunting task, but following tips such as determining overtime pay,…

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Aug222022

Succession Planning Trends to Watch

BlogAugust 22, 2022

This article discusses some of the basics that you can capitalize on to ensure that the succession of your business is as easy and efficient as possible. For example, tips such as communicating early, defining…

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Aug222022

4 Tips to Stabilize Your Small Business

BlogAugust 22, 2022

In this time of uncertainty, knowing about and implementing some best practices within the industry can go along way in the health of your business. This article discusses four tips that you can take advantage…

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Aug222022

Hiring Millennials Will Pay Off

BlogAugust 22, 2022

Finding and retaining millennial talent will help small businesses compete with bigger businesses. This article discusses how small businesses can attract millennials, and why hiring millennials is the right move for small businesses. To view…

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How To Communicate With Your Ideal Customer

BlogAugust 22, 2022

Finding and communicating with the right customer is a basic necessity for any small business. This article discusses tips you can use to find ideal customers and improve your marketing communications strategy. To view this…

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Aug222022

Surviving Through Multiple Generations

BlogAugust 22, 2022

Although family businesses boost the economy and make up more than fifty percent of the nation’s GDP, they struggle to survive past the second generation. This article discusses a few ways family businesses can thrive…

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Aug222022

Creating a More Effective Sales Call

BlogAugust 22, 2022

Cold-calling may seem out of date, but many small businesses rely on personal connections to get customers out of the cold calling stage and into prospective clients. This short article discusses the trick to a…

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Aug222022

Bright Future For Family Businesses

BlogAugust 22, 2022

Family businesses can compete with other businesses who may have more capital, manpower, and resources that their disposal. This article discusses the advantages family businesses have, and how family businesses can use these advantages to…

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Aug222022

Change in Organizational Culture

BlogAugust 22, 2022

Many organizations fail to understand the importance of creating a culture that is healthy and values results. This article discusses how you can gauge your organization’s health, and how to solicit change to your company’s…

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Small Businesses Get Boost From Trade Agreement

BlogAugust 22, 2022

The new trade agreement between the US, Canada, and Mexico will benefit small businesses. This article discusses what benefits small business owners can find in the new NAFTA. To view this article, click the following…

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Aug222022

Major Reasons to Improve Customer Experience

BlogAugust 22, 2022

There is no question that positive customer experience directly correlates with your business’ success. This article discusses four things your business can do in order to provide outstanding customer experiences. To view this article, click…

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Aug222022

Running a Family Business

BlogAugust 22, 2022

Family business are full of ups and downs, and managing your family in a business setting can be difficult. This article discusses five tips you can use to make running your family business a little…

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Aug222022

The Future of Customer Service Agents Working from Home

BlogAugust 22, 2022

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national, or…

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Aug222022

5 Questions to Consider Regarding Goodwill & Asset Impairment Testing

BlogAugust 22, 2022

This article discusses how the coronavirus has impacted the business world on a number of levels including raising questions around Goodwill and long-lived assets. Whether it is trying to sort through Goodwill testing or estimated…

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Aug222022

Improving Cash Flow Post-COVID 19 With the R&D Tax Credit

BlogAugust 22, 2022

As businesses attempt to get back on their feet post Covid-19, understanding programs that you may qualify for, such as the R&D tax credit, can help reestablish robust cash flow. This article outlines the ins…

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SBA Releases Guidance Regarding Early PPP Loan Forgiveness

Blog, Covid-19August 22, 2022

On June 22, the U.S. Small Business Administration (SBA) released additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. A recent article from the Journal of Accountancy summarizes the information contained in the release. The…

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SBA Releases Updates On PPP Forgiveness

Blog, Covid-19August 22, 2022

This week, the Small Business Administration (SBA) and the U.S. Department of the Treasury released new information for recipients of loans through the Paycheck Protection Program (PPP). A recent article from the Journal of Accountancy…

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SBA PPP Guidance Update—June 25-26, 2020

Blog, Covid-19August 22, 2022

Late last week, the United States Small Business Administration (SBA) released yet another round of guidance updates regarding the Paycheck Protection Program (PPP). The areas covered by this latest release are maturity dates and loan…

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PPP Gets Five-Week Extension

Blog, Covid-19August 22, 2022

On Wednesday, July 1, the House agreed unanimously to an extension of the Paycheck Protection Program (PPP). The five-week extension originated in the Senate on Tuesday, where it was approved late in the evening. President…

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Aug222022

Promoting Collaboration During a Crisis

BlogAugust 22, 2022

Whether the impact is on a global, national, or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. As we venture past the peak of the pandemic,…

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Aug222022

The Future of Remote Working After COVID-19

BlogAugust 22, 2022

This article discusses how the coronavirus pandemic has impacted the way businesses operate on a day-to-day basis. One major difference the pandemic has resulted in is the increase in telecommuting. This article outlines some of…

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Aug222022

Main Street Lending Program Provides Working Capital for Small Businesses

BlogAugust 22, 2022

The Main Street Lending Program is designed to help credit flow to small and medium-sized businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 crisis, but now need…

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IRS Publishes New Release Regarding Business Interest Expense Limitations

Blog, Covid-19August 22, 2022

The Internal Revenue Service (IRS) recently announced finalized guidance regarding business interest expense limitations. In a helpful article from the Journal of Accountancy, author Sally Schreiber offers an overview of the new rules. Background The…

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Managing Rapid Business Growth

BlogAugust 22, 2022

Rapid growth can be a dangerous time for businesses if not managed properly. This article discusses the importance of keeping your people engaged as your business grows. To view this article, click HERE to access…

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Aug222022

Boosting Workplace Motivation

BlogAugust 22, 2022

The key to business success is the motivation and hard work of employees. This article discusses six unconventional initiatives companies should try to boost workplace motivation. To view this article, click HERE to access the…

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Aug222022

Keeping Employee Retention Numbers High

BlogAugust 22, 2022

A low unemployment rate means employees have options, and small businesses must find ways to retain employees. This article discusses four ways your small business can increase employee retention. To view this article, click HERE…

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Aug222022

Managing Outsourced Talent

BlogAugust 22, 2022

Small businesses rely on outsourcing as a cheaper alternative to hiring a full-time worker, but outsourcing can present a new set of challenges. This article discusses helpful tips you can use when hiring and managing…

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Aug222022

Salespeople Getting Specific

BlogAugust 22, 2022

Salespeople must be specific and give customers specific instructions when selling products. This article discusses the advantages of getting specific and making things clear for customers. To view this article, click HERE for original content.

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Aug222022

New Era of Business to Consumer Transactions

BlogAugust 22, 2022

Online marketplaces are creating a need for a new era of consumer transactions. This article discusses digital businesses, enhancing consumer experiences, and the problems of reaching the consumer directly. To view this article, click HERE…

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Aug222022

Small Business Profitable Growth

BlogAugust 22, 2022

Small business owners that do not have a finance or accounting background can still understand their business’s finances and move their companies in the right direction. This article discusses four tips for understanding profitable growth.…

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Aug222022

Cyber Risk Management

BlogAugust 22, 2022

As the number of cyber attacks increase, a cyber risk management program is necessary for businesses. This article discusses four ways your business can manage cyber risk. To view this article, click the following link…

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Aug222022

Maintaining Strategic Awareness

BlogAugust 22, 2022

Growth possibilities surround every business, and business leaders must not get complacent when it comes to strategic awareness. This article discusses ways to maintain strategic awareness. To view this article, click the following link to…

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Generating More Social Media Traffic

BlogAugust 22, 2022

More social media engagement means more business, which is why business owners should look to increase their engagement levels in 2019. This article discusses seven tips for increasing social media engagement and traffic in 2019.…

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Aug222022

Generating More Social Media Traffic

BlogAugust 22, 2022

More social media engagement means more business, which is why business owners should look to increase their engagement levels in 2019. This article discusses seven tips for increasing social media engagement and traffic in 2019.…

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Aug222022

Recruiting Senior-Level Employees

BlogAugust 22, 2022

Hiring senior-level employees is a big organizational decision that will impact the future of your company. This article discusses what to keep in mind when recruiting someone for a senior-level position. To view this article,…

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Aug222022

The Future of Social Media Marketing

BlogAugust 22, 2022

Social media plays an integral part in marketing, but marketers should be wary of the future social media marketing has for coming generations. This article discusses the rejection of some social media platforms, and what…

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Family Business Trends in 2019

BlogAugust 22, 2022

The economy, trade, local regulation, and consumer trends are among the many things that influence the family business industry. This article predicts five key trends that will influence the family business industry in 2019. To…

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Aug222022

Branding for Generation Z

BlogAugust 22, 2022

Companies are targeting Generation Z through personalized marketing strategies. This article discusses why personalization will drive marketing strategies for future consumers. To view this article, click the following link to access the original content. https://www.entrepreneur.com/article/326608

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Aug222022

Government Shutdown Impacting US Businesses

BlogAugust 22, 2022

The government shutdown is creating problems for more than government businesses, as private businesses are also experiencing the consequences of a government shutdown. This article discusses potential consequences small business owners should be aware of.…

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Aug222022

IRS Releases 2019 Mileage Rates

BlogAugust 22, 2022

The Internal Revenue Services (IRS) recently released updated optional standard mileage rates for 2019. These rates are used to calculate the deductible cost of operating an automobile for business, charitable, medical, or moving purposes. The…

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Family Business And Social Drive

BlogAugust 22, 2022

Family businesses are developing social missions to help the communities they serve. This article discusses how to incorporate a social mission into your family business, and the advantages and disadvantages of a social initiative.  …

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Aug222022

Growing Small Business Revenue

BlogAugust 22, 2022

As a new calendar year begins, it is an important time for small business owners to analyze their priorities and focus on improving their business. This article discusses a few ways your small business can…

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Aug222022

Keeping Your Company Secure During The Holidays

BlogAugust 22, 2022

As the holidays approach, cybercriminals are looking for opportunities to exploit your employees and your business. This article discusses a few ways you can keep your business secure this holiday season. To view this article,…

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CARES Act FAQ: Employee Retention Credit

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes a wide range of business tax provisions, including a new credit for employers…

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Where’s My Recovery Rebate?

Blog, Covid-19August 22, 2022

As part of the recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act, direct economic recovery payments are being distributed to eligible American taxpayers. Distribution of recovery rebates began this week. If you are…

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Achieving PPP Loan Forgiveness

Blog, Covid-19August 22, 2022

Businesses that have managed to secure financing through the Paycheck Protection Program (PPP) are fortunate—but also saddled with a lot of red tape. Business owners and managers should be careful that they adhere strictly to…

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CARES Act Guide: Loans

Blog, Covid-19August 22, 2022

Download the CARES Act Guide: Loans PDF here »

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CARES Act Guide: Tax Modifications

Blog, Covid-19August 22, 2022

View the CARES Act Guide: Tax Modifications PDF »

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President Enacts $484 Billion Virus Aid Bill

Blog, Covid-19August 22, 2022

On Friday, April 24, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act into law. The new aid bill boosting funding for various initiatives in response to the coronavirus pandemic was passed…

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Aug222022

Employee Retention Tax Credits and Your Business

BlogAugust 22, 2022

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national, or…

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Should You Return Your PPP Loan?

Blog, Covid-19August 22, 2022

You have probably read in the news about the backlash that some public companies have experienced as a result of accepting loans through the Paycheck Protection Program (PPP). As a result of the public outcry,…

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IRS Updates FAQ on Employee Retention Credit

Blog, Covid-19August 22, 2022

On April 29, the Internal Revenue Service (IRS) released a large expansion of their FAQ on the Employee Retention Credit (ERC). The ERC was created as a part of the Coronavirus Aid, Relief, and Economic…

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IRS Releases Notice Regarding Tax Deductions and PPP Loan Funds

Blog, Covid-19August 22, 2022

On Thursday, April 30, the IRS released Notice 2020-32. The announcement effectively disallows a tax deduction for any expenses that are paid with forgiven Paycheck Protection Program (PPP) loan proceeds. The PPP was created by…

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Guidance on Calculating Maximum PPP Loan Amounts

Blog, Covid-19August 22, 2022

On Friday, April 24, the Small Business Administration (SBA) released additional guidance regarding how various types of businesses should calculate the maximum Paycheck Protection Program (PPP) loan amount for which they qualify. The new SBA…

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SBA Releases Additional PPP FAQ Questions

Blog, Covid-19August 22, 2022

On May 3rd, the Small Business Administration (SBA) issued a new round of guidance regarding the Paycheck Protection Program (PPP). They addressed three issues for which business owners have requested clarification, including: The impact of…

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Aug222022

How The Office of the Future Will Look After Coronavirus

BlogAugust 22, 2022

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national, or…

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Aug222022

Playbook for Re-Opening Your Business

BlogAugust 22, 2022

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national, or…

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New SBA Guidance Regarding Paycheck Protection Program

Blog, Covid-19August 22, 2022

On May 13, the Small Business Administration (SBA) issued additional guidance regarding the Paycheck Protection Program (PPP). They added a highly anticipated new question to their lengthy FAQ: “How will SBA review borrowers’ required good-faith…

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Are Your Work-From-Home Offices Expenses Deductible During Coronavirus?

Blog, Covid-19August 22, 2022

As a result of the coronavirus pandemic, many more people than usual are working from home. Some of those new to work-from-home may be hoping to take advantage of home office tax deductions on their…

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SBA Releases Application for PPP Loan Forgiveness

Blog, Covid-19August 22, 2022

On Friday, May 15, the Small Business Administration (SBA) announced an important release for borrowers who received loans through the Paycheck Protection Program (PPP). The bureau made public a form and instructions for borrowers to…

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Aug222022

Paycheck Protection Program Loan Forgiveness Best Practices

BlogAugust 22, 2022

Whether the impact is on a global, national, or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. As we venture past the peak of the pandemic,…

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New Guidance Regarding PPP Loan Forgiveness

Blog, Covid-19August 22, 2022

On May 22, the Small Business Administration (SBA), in conjunction with the U.S. Treasury, released additional guidance for recipients of loans through the Paycheck Protection Program (PPP). A recent article from the Journal of Accountancy…

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Senate Passes Paycheck Protection Flexibility Act

Blog, Covid-19August 22, 2022

On Wednesday night, the Senate voted unanimously in favor of the Paycheck Protection Flexibility Act. This new legislation makes key adjustments to the timeline for spending Paycheck Protection Program (PPP) funds and revises how loan…

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CARES Act Signed Into Law

Blog, Covid-19August 22, 2022

On March 27, 2020, President Trump signed into law a sweeping $2.2 trillion stimulus package designed to abate the economic damages caused by the coronavirus (COVID-19) pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES)…

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Lohman Company Can Help Your Company Through These Times and Beyond

BlogAugust 22, 2022
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The Small Business Owner’s Guide to the CARES Act

Blog, Covid-19August 22, 2022

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented,…

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PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET: BORROWERS

Blog, Covid-19August 22, 2022

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.  View Entire…

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Paycheck Protection Program Application Form

Blog, Covid-19August 22, 2022

This form is to be completed by the Applicant and all individuals identified below and submitted to your SBA Participating Lender. Submission of the requested information is required to make a determination regarding eligibility for…

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CARES Act FAQ: Recovery Rebate

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes an estimated $300 billion in direct payments to eligible American taxpayers. Below, we…

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CARES Act FAQ: Paycheck Protection Program

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economics Security (CARES) Act. The historic $2.2 trillion stimulus bill includes a $349 billion paycheck protection program (PPP) that targets aid to small businesses…

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CARES Act FAQ: Emergency Economic Injury Grants

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes $10 billion in funding to provide emergency grants to small businesses and nonprofits…

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Section 139 Helps Employers Support Their Employees During Crisis

Blog, Covid-19August 22, 2022

Many business owners are dealing with a lot of worry stemming from the coronavirus pandemic. Among their many concerns is how to support their employees during this difficult time. A recent article from Forbes outlines…

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Aug222022

Coronavirus is Rewriting the Future of Business

BlogAugust 22, 2022

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national or…

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Aug222022

Small Business Funds from Virus Aid Package Are Dwindling

BlogAugust 22, 2022

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national or…

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Watch Out for Coronavirus-Related Scams

Blog, Covid-19August 22, 2022

On Thursday, April 2, the Internal Revenue Service (IRS) issued a warning concerning the development of new scams related to the coronavirus, particularly the recovery rebates legislated by the CARES Act. It is not surprising…

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SBA Issues Supplemental PPP Guidance

Blog, Covid-19August 22, 2022

On April 14, the Small Business Administration (SBA) released new guidance regarding the Paycheck Protection Program (PPP), a $350 billion program that targets aid to small businesses dealing with losses resulting from the coronavirus pandemic.…

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IRS Update Regarding Stimulus Payments for SSI Recipients

Blog, Covid-19August 22, 2022

On Wednesday, April 15, the Internal Revenue Service (IRS) released an update regarding the delivery of economic impact payments to recipients of Supplemental Security Income (SSI). The IRS worked with the Treasury Department, the Social…

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GASB Calls for Standards Postponement

Blog, Covid-19August 22, 2022

On April 14, the Governmental Accounting Standards Board (GASB) released a statement proposing the postponement of the effective dates of certain accounting and financial reporting requirements set to go into effect in the near future.…

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CARES Act FAQ: SBA Economic Injury Disaster Loans

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes an expansion of the Small Business Administration’s (SBA) long-standing Economic Injury Disaster Loan…

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CARES Act FAQ: Retirement Plan Withdrawals

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes an allowance for penalty-free early withdrawals from retirement accounts. Below, we address some…

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CARES Act FAQ: Payroll Tax Deferral

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill contains a variety of provisions, including a deferment of payroll taxes for employers. Below,…

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CARES Act FAQ: Net Operating Loss & Other Tax Modifications

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill contains a variety of modifications to key business tax provisions, such as regulations regarding…

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CARES Act FAQ: Mid-Sized Business Lending Program

Blog, Covid-19August 22, 2022

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economics Security (CARES) Act. The historic $2.2 trillion stimulus bill includes $454 billion to support Federal Reserve emergency lending facilities to help mid-sized businesses…

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Aug222022

Best Practices in Evaluating a Business

BlogAugust 22, 2022

This article discusses how utilizing some best practices can go a long way when evaluating a business. Examining stock prices, assets, cash flow, and the surplus in debt, should be considered each and every time…

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Aug222022

Keys to Unlocking Success for Your Family Business

BlogAugust 22, 2022

This article discusses how hard it is to ensure that your family business survives to the next generation. With the help of these best practices like setting boundaries, dividing roles and responsibilities, and treating family…

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Aug222022

Protecting Your Business Against Fraud

BlogAugust 22, 2022

This article discusses some of the top things that you can do as a business owner in order to protect your business against fraud. From learning basic definitions to what a forensic accountant could do…

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Aug222022

Deciding the Future of Your Family Business

BlogAugust 22, 2022

This article discusses how family business owners have to decide whether to sell their business or hand it down when they want to retire. Both sides have their advantages such as retirement funding and ensuring…

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Aug222022

Nurturing Leads in Small Business

BlogAugust 22, 2022

This article offers seven different tips that small business owners should be aware of as we enter the new year. From using data to shape your strategies to playing around with different content, these insights…

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Aug222022

Helpful Tips for Family Business

BlogAugust 22, 2022

This article discusses 30 family business truths that may be hard to swallow but can change the way your business operates on a day to day basis. For example, a high trust culture can be…

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Aug222022

Accounting Mistakes that Cost Small Businesses Significant Growth

BlogAugust 22, 2022

Although intended for small business owners, this article discusses accounting mistakes that can hinder growth in your business no matter the size. First and foremost, failing to hire the right CPA can immediately put a…

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Aug222022

The Rise and Fall of Family Business

BlogAugust 22, 2022

This article highlights the work of Professor John Davis, who has been studying family enterprises and how they work since the 1970s. For example, he mentions how family businesses have natural strengths such as passion…

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Aug222022

Delivering Excellent Customer Service

BlogAugust 22, 2022

In the business world, there is a bar that individuals must meet or exceed in terms of customer service. No matter how difficult the customer may be, claiming yourself as a professional implies that you…

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Aug222022

Making Smart Risk Management Decisions

BlogAugust 22, 2022

This article discusses what it is like to be in charge of making important decisions when it comes to day-to-day operations in a business. Topics such as risk tolerance, risk appetite, and insurance programs are…

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Aug222022

Improving Your Small Business’ Financial Health

BlogAugust 22, 2022

This article discusses how the financial health of a small business is comprised of more than just the amount of sales. Taking a look at topics such as revenue, expenses, cash flow, and automation can…

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Aug222022

Choosing the Right Valuation Method for Your Company

BlogAugust 22, 2022

This article discusses three different methods that one can use to value a business. For example, the asset approach, market approach, and income approach are all unique in their own way and could provide different…

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How Lohman is Addressing the Coronavirus

Blog, Covid-19August 22, 2022

At Lohman Company, the health and safety of our employees and our clients is of paramount importance. For this reason, we are taking specific precautions to protect our staff and visitors during the current outbreak…

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Tax Payment Deadline Delayed by 90 Days

Blog, Covid-19August 22, 2022

There has been much speculation surrounding the impact of the Coronavirus (COVID-19) pandemic on the U.S. tax filing deadline. On Tuesday, March 17, 2020 at a White House briefing, Treasury Secretary Steven Mnuchin announced new…

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Federal Tax Filing Deadline Extended to July 15

Blog, Covid-19August 22, 2022

On Friday, March 20, 2020, Secretary of the Treasury Steve Mnuchin released a statement that the federal tax filing deadline has moved in response to the ongoing coronavirus (COVID-19) pandemic. The new deadline of July…

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Aug222022

Maintaining Your Mental Health During the Coronavirus Pandemic

BlogAugust 22, 2022

There is a lot of scary stuff happening right now. Many are struggling to maintain good mental health in light of the Coronavirus pandemic. For some, the mental strain is exacerbated by the fact that…

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8 Areas Where Small Businesses Should Anticipate Disruption

Blog, Covid-19August 22, 2022

For more than six decades, the U.S. Small Business Administration (SBA) has been a resource for small business owners and entrepreneurs in the U.S. In response to the COVID-19 pandemic, the bureau created a resource…

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Coronavirus Disaster Assistance

Blog, Covid-19August 22, 2022

The U.S. Small Business Administration (SBA), which has been a resource for small business owners and entrepreneurs in the U.S. since 1953, recently released a list of disaster-relief measures in response to the COVID-19 pandemic.…

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Resources for Small Businesses in Crisis

Blog, Covid-19August 22, 2022

Many small businesses are reeling from the impact of the COVID-19 pandemic. Lohman Company is here to help. We have gathered a list of helpful resources for small businesses to turn to during this unprecedented…

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Governor Ducey Extends Stay at Home Order

Blog, Covid-19August 22, 2022

From AZGovernor.gov, the latest Executive Order issued today by Governor Doug Ducey follows new guidance from the Centers for Disease Control and Prevention (CDC) and comes at the recommendation of public health officials who are…

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Aug222022

Using Small Business Advantages

BlogAugust 22, 2022

Competing against big corporations is a challenge for small business owners, but focusing on a niche market can be a huge benefit for small businesses.  This article discusses eleven advantages for small businesses and how…

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Aug222022

Five Ways to Accelerate Business Growth

BlogAugust 22, 2022

Small business owners can facilitate successful growth with timing and the right data. This article discusses five ways for small businesses to accelerate growth.  To view this article, click HERE to access the original content.

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Aug222022

Tips for Hiring Top Employees

BlogAugust 22, 2022

Early-stage businesses should focus on key qualities when hiring employees because a business’s success relies on the quality of these hires.  This article discusses four top qualities to look for when hiring employees.  To view…

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Aug222022

Cost-Cutting and Growth Can’t Go Hand in Hand

BlogAugust 22, 2022

Many business strategies focus on cost-cutting. However, these strategies can hurt branding, growth, and profits.  This article discusses why marketers cannot cost-cut their way to growth.  To view this article, click HERE to access the…

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Aug222022

Small Businesses Need a Data Strategy

BlogAugust 22, 2022

Managing data and information can be a major competitive advantage for small businesses.  This article discusses why every small business should develop a data strategy.  To view this article, click HERE to access the original…

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Aug222022

Looking Forward to a New Human-Focused Future

BlogAugust 22, 2022

In a world that is mostly living online in different social media platforms, it is important to remember what human to human interaction can do. This article discusses how entrepreneurs can look forward and make…

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Aug222022

Leading Your Family Business Successfully

BlogAugust 22, 2022

This article discusses points that can help on your way to a successful family business. From recognizing the advantages of family ownership to treating every family member equally, these tips are valid and should be…

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Aug222022

8 Useful Tips For Any Business

BlogAugust 22, 2022

This article discusses daily tips that may be valuable for any businessperson. Some of the tips include going slowly, spending more time on recruitment, and not doing it for the money. To view this article,…

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Aug222022

Is SIP Trunking Good For Your Business?

BlogAugust 22, 2022

This article discusses what SIP trunking is and how it could potentially help your business grow. SIP trunking is essentially the ability to make or receive phone calls over the internet as long as both…

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Aug222022

Preparing Your Business for a Recession

BlogAugust 22, 2022

A recession is not fun to think about, but it’s even less fun when a downturn hits and you’re not prepared. This article offers advice in two areas: what to do to prepare your business…

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Aug222022

Improving Your Company Culture

BlogAugust 22, 2022

This article discusses how important culture can be in all aspects of a company. For example, “77% of adults polled would consider a company’s culture before applying for a job.” From understanding your current culture…

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Aug222022

Keeping a Positive Attitude in the Workplace

BlogAugust 22, 2022

Do you find it hard to stay positive during your work day? This article discusses the importance of having a positive attitude in the workplace because it is contagious and can rub off on the…

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Aug222022

Strategies and Tips for Your Business

BlogAugust 22, 2022

This article discusses the major trends occurring in the general business world as we leave 2019 in the past and look to the future. It is important to be aware of these trends for the…

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Aug222022

Mental Health in the Workplace

BlogAugust 22, 2022

This article discusses the importance of addressing mental health in the workplace. According to this article, 1 out  of 5 people suffer from some sort of mental health condition. Because this number is so high,…

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Aug222022

Budgeting Tips for Your Small Business

BlogAugust 22, 2022

This article discusses how the economy may be booming as we head into 2020, but that does not mean there will not be uncertainty along the way. It also offers five budgeting tips from emergency…

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Aug222022

Tips for Sustainable Growth

BlogAugust 22, 2022

This article discusses the instant gratification that we seek when it comes to the business industry. We want to buy low and sell high as soon as we can, but that may not always be…

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Aug222022

Growing Your Business Without Breaking the Bank

BlogAugust 22, 2022

This article outlines the best practices that your business can take in order to increase growth. The best part is that none of them require more money! Whether it is billing faster or streamlining your…

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Aug222022

Digital Marketing Trends to Watch

BlogAugust 22, 2022

This article discusses how marketing has changed over the years and what you can expect/need to know heading into the new year. Whether it is the use of A/B split testing or integrating AI to…

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Aug222022

Benefits of Having an Accountant

BlogAugust 22, 2022

This article discusses the advantages of bookkeeping and doing it the right way for your business and your personal life. There are ways to do it without a CPA, but having an accountant on your…

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Aug222022

Small Business Technology Trends to Watch For in 2020

BlogAugust 22, 2022

This article discusses how technology is changing the way small businesses operate on a day to day basis. From working from home to social media marketing, these tech advancements are vital to staying up to…

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Aug222022

Maintaining Strategic Awareness

BlogAugust 22, 2022

Growth possibilities surround every business, and business leaders must not get complacent when it comes to strategic awareness. This article discusses ways to maintain strategic awareness. To view this article, click the following link to…

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Aug222022

Cyber Risk Management

BlogAugust 22, 2022

As the number of cyber attacks increase, a cyber risk management program is necessary for businesses. This article discusses four ways your business can manage cyber risk. To view this article, click the following link…

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Aug222022

Small Business Profitable Growth

BlogAugust 22, 2022

Small business owners that do not have a finance or accounting background can still understand their business’s finances and move their companies in the right direction. This article discusses four tips for understanding profitable growth.…

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Aug222022

New Era of Business to Consumer Transactions

BlogAugust 22, 2022

Online marketplaces are creating a need for a new era of consumer transactions. This article discusses digital businesses, enhancing consumer experiences, and the problems of reaching the consumer directly. To view this article, click HERE…

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Lohman Company, PLLC is Named Top 25 Accounting Firm Once Again!

BlogAugust 22, 2022

For the 15th consecutive year, we’re excited to announce that Lohman Company has been named to the Phoenix Business Journal’s Top 25 Accounting Firms list! “I truly consider being included on the Phoenix Business Journal’s…

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Aug222022

IRS Releases Its 2019 “Dirty Dozen” Tax Scams List

BlogAugust 22, 2022

The IRS recently released its annual list of the top 12 tax scams, updated for the 2019 filing season. The list includes a number of popular tax cons, with phishing and phone scams among the…

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Aug222022

Salespeople Getting Specific

BlogAugust 22, 2022

Salespeople must be specific and give customers specific instructions when selling products. This article discusses the advantages of getting specific and making things clear for customers. To view this article, click HERE for original content.

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Aug222022

Managing Outsourced Talent

BlogAugust 22, 2022

Small businesses rely on outsourcing as a cheaper alternative to hiring a full-time worker, but outsourcing can present a new set of challenges. This article discusses helpful tips you can use when hiring and managing…

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Aug222022

Keeping Employee Retention Numbers High

BlogAugust 22, 2022

A low unemployment rate means employees have options, and small businesses must find ways to retain employees. This article discusses four ways your small business can increase employee retention. To view this article, click HERE…

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Aug222022

Boosting Workplace Motivation

BlogAugust 22, 2022

The key to business success is the motivation and hard work of employees. This article discusses six unconventional initiatives companies should try to boost workplace motivation. To view this article, click HERE to access the…

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Aug222022

Managing Rapid Business Growth

BlogAugust 22, 2022

Rapid growth can be a dangerous time for businesses if not managed properly. This article discusses the importance of keeping your people engaged as your business grows. To view this article, click HERE to access…

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Aug222022

Business Growth Through Social Media

BlogAugust 22, 2022

The business world is relying on the Internet for exposure, and without a digital presence and a social media strategy, businesses are unlikely to reach their full potential. This article discusses the importance of an…

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Aug222022

Growing Your Brand

BlogAugust 22, 2022

To see growth for your business, you must focus on creating a brand that will make a lasting impression with customers. This article discusses a few tips that you can use to strengthen your brand…

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Aug222022

Improving Customer Experience Without Increasing Costs

BlogAugust 22, 2022

Business owners do not have to spend a large amount of money to improve a customer’s experience. This article discusses several key pathways for creating a connected relationship with consumers without increasing costs. To view…

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Aug222022

The Importance of a Board in Family Business Succession

BlogAugust 22, 2022

While not common, boards can assist in succession planning for family businesses. This article discusses what type of boards have success, and what you should look for in independent directors. To view this article, click…

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Aug222022

The Basis of Strategy

BlogAugust 22, 2022

Developing a business strategy should always have the customer’s interest at the root. This article discusses the question every strategy should answer. Does it improve the way I create value for my customers? To view…

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Aug222022

Common Missed Tax Deductions for Small Businesses

BlogAugust 22, 2022

With the Tax Cuts and Jobs Act in full effect, small businesses can use overlooked tax deductions to save money.  This article discusses several tax deductions small business owners may have overlooked.  To view this…

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Aug222022

Accelerating Strategic Change

BlogAugust 22, 2022

Long-term success begins with the ability to implement strategic change. This article discusses why companies struggle to accelerate strategic change and how to tackle these problems.  To view this article, click HERE to access the…

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Aug222022

Optimizing Commerce for Social Commerce

BlogAugust 22, 2022

Ecommerce on social media platforms is booming, and business owners must fulfill orders effectively to stay successful. This article discusses a number of best practices to help with social commerce fulfillment.  To view this article,…

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Aug222022

6 Strategies For Business Longevity

BlogAugust 22, 2022

Business owners should focus on business models to ensure their business finds success and increases profit and potential.  This article discusses six business strategies that will help keep your business around for a long time. …

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Aug222022

Updated Special Per Diem Rates Released

BlogAugust 22, 2022

The IRS recently released Notice 2018-77, which details updated special per-diem rates, effective October 1, 2018 through September 30, 2019. These rates apply to the per-diem allowances paid by employers to their employees in order…

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Aug222022

Small Businesses Get Boost From Trade Agreement

BlogAugust 22, 2022

The new trade agreement between the US, Canada, and Mexico will benefit small businesses. This article discusses what benefits small business owners can find in the new NAFTA. To view this article, click the following…

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Aug222022

Change in Organizational Culture

BlogAugust 22, 2022

Many organizations fail to understand the importance of creating a culture that is healthy and values results. This article discusses how you can gauge your organization’s health, and how to solicit change to your company’s…

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Aug222022

Bright Future For Family Businesses

BlogAugust 22, 2022

Family businesses can compete with other businesses who may have more capital, manpower, and resources that their disposal. This article discusses the advantages family businesses have, and how family businesses can use these advantages to…

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Aug222022

Creating a More Effective Sales Call

BlogAugust 22, 2022

Cold-calling may seem out of date, but many small businesses rely on personal connections to get customers out of the cold calling stage and into prospective clients. This short article discusses the trick to a…

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Aug222022

Surviving Through Multiple Generations

BlogAugust 22, 2022

Although family businesses boost the economy and make up more than fifty percent of the nation’s GDP, they struggle to survive past the second generation. This article discusses a few ways family businesses can thrive…

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Aug222022

How To Communicate With Your Ideal Customer

BlogAugust 22, 2022

Finding and communicating with the right customer is a basic necessity for any small business. This article discusses tips you can use to find ideal customers and improve your marketing communications strategy. To view this…

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Wayfair Decision and Impacts on Your Business

BlogAugust 22, 2022

On June 21, 2018, the Supreme Court of the United States handed down a historic decision in the sales and use tax nexus case South Dakota v. Wayfair, Inc. The 5-4 ruling overturns physical presence standards…

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Aug222022

Hiring Millennials Will Pay Off

BlogAugust 22, 2022

Finding and retaining millennial talent will help small businesses compete with bigger businesses. This article discusses how small businesses can attract millennials, and why hiring millennials is the right move for small businesses. To view…

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Common Errors and Oversights When Evaluating a Business to Buy

BlogAugust 22, 2022

When it comes to selling a business, it’s never a bad thing to be too careful. In fact, according to Forbes’ contributor Richard Parker, 50 percent of business acquisitions fall apart during the “due diligence”…

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Aug222022

Keeping Your Company Secure During The Holidays

BlogAugust 22, 2022

As the holidays approach, cybercriminals are looking for opportunities to exploit your employees and your business. This article discusses a few ways you can keep your business secure this holiday season. To view this article,…

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Aug222022

Growing Small Business Revenue

BlogAugust 22, 2022

As a new calendar year begins, it is an important time for small business owners to analyze their priorities and focus on improving their business. This article discusses a few ways your small business can…

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Aug222022

Family Business And Social Drive

BlogAugust 22, 2022

Family businesses are developing social missions to help the communities they serve. This article discusses how to incorporate a social mission into your family business, and the advantages and disadvantages of a social initiative.  …

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Aug222022

IRS Releases 2019 Mileage Rates

BlogAugust 22, 2022

The Internal Revenue Services (IRS) recently released updated optional standard mileage rates for 2019. These rates are used to calculate the deductible cost of operating an automobile for business, charitable, medical, or moving purposes. The…

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Aug222022

Government Shutdown Impacting US Businesses

BlogAugust 22, 2022

The government shutdown is creating problems for more than government businesses, as private businesses are also experiencing the consequences of a government shutdown. This article discusses potential consequences small business owners should be aware of.…

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Aug222022

Branding for Generation Z

BlogAugust 22, 2022

Companies are targeting Generation Z through personalized marketing strategies. This article discusses why personalization will drive marketing strategies for future consumers. To view this article, click the following link to access the original content. https://www.entrepreneur.com/article/326608

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Aug222022

Family Business Trends in 2019

BlogAugust 22, 2022

The economy, trade, local regulation, and consumer trends are among the many things that influence the family business industry. This article predicts five key trends that will influence the family business industry in 2019. To…

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Aug222022

The Future of Social Media Marketing

BlogAugust 22, 2022

Social media plays an integral part in marketing, but marketers should be wary of the future social media marketing has for coming generations. This article discusses the rejection of some social media platforms, and what…

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Aug222022

Recruiting Senior-Level Employees

BlogAugust 22, 2022

Hiring senior-level employees is a big organizational decision that will impact the future of your company. This article discusses what to keep in mind when recruiting someone for a senior-level position. To view this article,…

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Aug222022

Generating More Social Media Traffic

BlogAugust 22, 2022

More social media engagement means more business, which is why business owners should look to increase their engagement levels in 2019. This article discusses seven tips for increasing social media engagement and traffic in 2019.…

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Aug222022

Tax Reform Impacts so Far

BlogAugust 22, 2022

Although it is early, the market friendly tax reform plan has enabled stock market and economic growth so far in 2018. This article discusses predictions for the market in the future and how the tax…

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Aug222022

Developing Productive Employees

BlogAugust 22, 2022

As a business leader, motivating employees starts with understanding their workload and doing everything possible to keep your workforce happy. This article explains why keeping employees happy through commitment and creativity should be a top…

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Aug222022

Estate Planning and Tax Reform

BlogAugust 22, 2022

Many people are wondering how their estate taxes will be impacted under the new tax reform guidelines. This article explains certain tax ramifications that may be unintended, but will certainly influence your estate planning process.…

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Aug222022

Using Blockchain in Your Business

BlogAugust 22, 2022

As the blockchain revolution begins, businesses are finding new ways to implement the technology into the products or services they offer. This article discusses ways that blockchain will eventually change your business, and why your…

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Aug222022

The Must-Have Discussion in Your Family Business

BlogAugust 22, 2022

Although unpleasant, discussing your family business’ short term succession planning is crucial.    This article discusses why family businesses should talk about and plan for the unexpected. To view this article, click the following link…

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Aug222022

Retirement Tips for Business Owners

BlogAugust 22, 2022

Business owners can proactively plan for their retirement all while growing their business. This articles discusses three tips you should consider when creating a retirement strategy and planning for the future of your business. To…

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Aug222022

Productivity for Small Business Owners

BlogAugust 22, 2022

As a small business owner, you are undoubtedly faced with a hectic schedule that leaves you minimal free time. This articles discusses productivity and time management tips you can use to help you fit more…

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Aug222022

Innovation in a Family Business

BlogAugust 22, 2022

As new products, consumer trends, economies, and business models emerge, it is important for family business owners to adapt and be open to change. This articles discusses why family businesses must innovate and create initiatives…

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Aug222022

Comparing US Corporate Tax Rates

BlogAugust 22, 2022

The passing of the Tax Cuts and Jobs Act resulted in a lower tax rate for corporate America. How do these lower taxes compare to other countries around the world? This articles discusses the benefits…

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Aug222022

Questions to Ask Before You Change Your Prices

BlogAugust 22, 2022

Creating price points for your products usually starts with looking at the prices of similar products within your industry. This article explains how your perception as a seller is valuable, and discusses three questions to…

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Aug222022

The Importance of Failure

BlogAugust 22, 2022

Those that take risk and go beyond their comfort zones are more likely to see success earlier in their careers. This article discusses how professionals can embrace the challenges of failure to ultimately find success.…

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Aug222022

The Secret to Obtaining More Clients

BlogAugust 22, 2022

The key to obtaining more clients is knowing the differences between what you can provide and how you can deliver results. This article explains how obtaining more clients begins with marketing your results rather than…

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Aug222022

Explaining Deductions for Small Business Owners

BlogAugust 22, 2022

New details have emerged from the IRS that explain how small business owners may be able to obtain different tax breaks. This article discusses the different rules the IRS has proposed, and what this means…

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Aug222022

SBA Changing Lending Rules

BlogAugust 22, 2022

Partner buyouts have become much more reasonable, as the SBA has changed a rule that will now allow a buying partner to qualify for a loan without fronting equity. This article discusses the new adjustments,…

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Aug222022

The New Normal in Family Business

BlogAugust 22, 2022

Family businesses are being forced to innovate and change, and those that act quickly and decisively usually deliver better results. This article explains the need for constant innovation, the importance of relying on older generations,…

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Aug222022

What it Takes to Become Successful

BlogAugust 22, 2022

Success can come in many varieties, but the foundational traits in a successful person are similar.   This article discusses the correlation between your life habits and your success, and explores the three traits that…

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Aug222022

Will Tariffs Ultimately Hurt U.S. Businesses?

BlogAugust 22, 2022

U.S. economic interests may take a significant blow if the U.S. continues to impose tariffs on Chinese manufactured goods. This article explains how business leaders across the U.S. are feeling about the continued trade war,…

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Aug222022

Small Business Website Mistakes

BlogAugust 22, 2022

For a small business, websites are a way to attract customers, enhance outreach, and market your product to almost anyone that has access to the internet. However, small business owners can make mistakes when it…

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Aug222022

Running a Family Business

BlogAugust 22, 2022

Family businesses are full of ups and downs, and managing your family in a business setting can be difficult. This article discusses five tips you can use to make running your family business a little…

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Aug222022

Major Reasons to Improve Customer Experience

BlogAugust 22, 2022

There is no question that positive customer experience directly correlates with your business’s success. This article discusses four things your business can do in order to provide outstanding customer experiences. To view this article, click…

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Aug222022

Under New Tax Law, Should Your Business Restructure as a C Corporation?

BlogAugust 22, 2022

As tax reform begins in America, many businesses might want to consider filing as a C corporation. In an article from Inc., author Zoe Henry writes, “Most U.S. small businesses currently don’t qualify for the…

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Aug222022

Adaptability: The Most Valued Leadership Skill

BlogAugust 22, 2022

Directing changes can be a difficult task for any business leader. As the business world evolves, what are some ways that companies are keeping up with the changes of consumers? In an article from Disruption…

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Updated 2018 Withholding Tables Now Available

BlogAugust 22, 2022

The Internal Revenue Service recently released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted last month. This is the first in a series of steps…

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Aug222022

Five Big Business Trends to Watch in 2018

BlogAugust 22, 2022

As 2018 begins, business owners are paying close attention to the trends that will impact their businesses. In an article from Fortune, author Alan Murray discusses five trends that he will be watching: Recession watch…

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Aug222022

Interested in VC Funding? These 4 Statistics Tell You Exactly What You Need to Know

BlogAugust 22, 2022

As an entrepreneur, if you are considering venture capital to fund your startup, be sure to study the state of your current market. In an article from Entrepreneur, author Jayson DeMers writes, “For the past…

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Aug222022

What Did the GOP’s Tax Plan Revamp Actually Do for Small Businesses?

BlogAugust 22, 2022

The new tax plan is a jolt for business, and not just corporate giants. Small businesses and other ‘pass-through’ entities are also benefiting. In an article from Dallas News, author Tom Benning writes, “And while…

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Aug222022

The Future of Working from Home

BlogAugust 22, 2022

Future employees might not need office space and scheduled hours, but instead work from home on their own time. This article explains why a third of the workforce will be working from home in the…

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Aug222022

Your 2017 Tax Return

BlogAugust 22, 2022

Be sure to take advantage of the many hidden write-offs you may be able to claim on your 2017 tax returns. This article discusses the seven different deductions you may be able to claim on…

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Be Alert for Fake Tax Refund Scam

BlogAugust 22, 2022

The Arizona Department of Revenue (ADOR) is advising Arizona taxpayers to be aware of a scam this tax filing season, which has been reported in other states and by the IRS. Known as the “fake…

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Lohman Company Ranks in Arizona’s Top Accounting Firms List

BlogAugust 22, 2022

The team at Lohman Company is excited to announce that we were named the number two accounting firm in Ranking Arizona’s The Best of Arizona Business 2018 Accounting Firms with 6 to 33 CPAs! The list…

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Aug222022

Moving Jobs Back to America

BlogAugust 22, 2022

Businesses will no longer have incentives to move their businesses offshore for tax purposes, due to the new tax code. This article explains the new international tax system, and why businesses will be inclined to…

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Aug222022

Tax Preparation for This Tax Season

BlogAugust 22, 2022

With the passing of the new tax act, business owners should carefully prepare for the upcoming tax season. This article discusses steps business owners can take to ensure proper tax filings, and the importance of…

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Tax Tips for Family Businesses

BlogAugust 22, 2022

With tax season approaching, it is important for business owners to not overlook the changes in the tax laws. This article discusses some common tax mistakes to avoid if you are a small or family…

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Aug222022

Tax Tips for Family Businesses

BlogAugust 22, 2022

With tax season approaching, it is important for business owners to not overlook the changes in the tax laws. This article discusses some common tax mistakes to avoid if you are a small or family…

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Aug222022

An Alternative Approach to Growing Your Business

BlogAugust 22, 2022

While most businesses grow by beating out the competition, some businesses have instead created a larger target market that holds more opportunities. This article explains why you should consider a five-step approach to creating new…

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Aug222022

Disrupting Business as a Startup

BlogAugust 22, 2022

As a business owner, being willing to adapt to changes in technology and the business world will pay off in the long-run. This article explains why startup companies should disrupt traditional practices while paying close…

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Aug222022

Attracting Website Traffic

BlogAugust 22, 2022

Most businesses can attribute success to the amount of traffic their website generates, but actually getting people to your website can be challenging. This article discusses tactics small businesses can use to generate more traffic…

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Aug222022

Succession Planning in a Family Business

BlogAugust 22, 2022

As baby boomers begin to leave the business world and move towards retirement, it is important to consider the transition of the next generation. This article discusses key questions to consider when creating a succession…

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Aug222022

Cyber Resiliency For Your Business

BlogAugust 22, 2022

Cybersecurity attacks are a new norm, and business leaders must employ cyber resilient tactics to protect important information. This article explains 4 important steps your business can take to increase cyber resilience. To view this…

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Aug222022

The Benefits of Outsourcing

BlogAugust 22, 2022

As a small business owner, consider outsourcing services to free up employee time and retain revenue. This article discusses the benefits of outsourcing services, and a couple departments you should consider for outsourcing. To view…

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Aug222022

Creating Content That Hooks Your Prospects

BlogAugust 22, 2022

Getting someone’s attention is hard, and having him or her stay on your page is even harder. While there is a lot of competition out there in terms of search engine optimization, getting someone to…

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Aug222022

5 Ways to Innovate 21st Century Business

BlogAugust 22, 2022

Innovation has changed the business world for centuries. However, in the 21st century, innovation has become the norm. With technology giving us the ability to do so many things, how can business owners find a…

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Aug222022

Bitcoin, Blockchain Splits And What It Means For Business

BlogAugust 22, 2022

Blockchain technology is beginning to appear in every industry. At first glance, blockchain is a database that has a lot of potential in finance and business. With the recent and sudden growth of Bitcoin, blockchain…

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Aug222022

Judge Issues Possible Death Blow to Overtime Changes

BlogAugust 22, 2022

Last week, the same Texas judge who originally struck down the overtime rules proposed by the Obama Administration, upheld his ruling. Many experts see this as the final blow for the proposed increase in the…

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Aug222022

Equifax Data Breach Puts Millions at Risk

BlogAugust 22, 2022

Close to half the population of the United States could be affected by a recent cyber attack on Equifax, one of the three largest American consumer credit reporting agencies in the United States. The company…

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Aug222022

5 Tips to Protect Your Business When Dealing with Payments

BlogAugust 22, 2022

With the rise of technology, a new state of commerce has emerged. “Card-not-present” transactions might pose a threat for your business. Protecting your business by not falling victim to fraud is becoming harder than ever…

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Aug222022

SMBs Spend 120 Hours Per Year on Admin Tasks and Bookkeeping

BlogAugust 22, 2022

Administrative tasks may seem small compared to corporate meetings, but they are just as important to a company’s success.  How much time does your business spend on administrative tasks? According to an article from CPA…

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Aug222022

Inspiring Culture and Influencing Engagement Within the Workplace

BlogAugust 22, 2022

Engaged employees will go above and beyond what they are asked to complete. While engaged employees take business to new heights, getting employees engaged can be challenging. In an article from Inc., author Adam Fridman…

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Aug222022

Is Disruptive Technology Damaging Business?

BlogAugust 22, 2022

Disruptive technology is on the verge of taking over the business world. For those businesses that are not ready for such an impact, could disruptive technology wind up damaging business and consumer relations? In an…

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Aug222022

5 Types of Digital Fraud Impacting Online Retailers

BlogAugust 22, 2022

As businesses migrate online, cybercrime is beginning to expand. Not only is digital fraud impacting online stores, the process of how hackers penetrate databases in evolving. In an article from Disruption Hub, author Laura Cox…

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Aug222022

Social Security Administration Announces 2018 Policy Adjustments

BlogAugust 22, 2022

On October 13, 2017, the Social Security Administration (SSA) publicized a number of policy adjustments that will go into effect for 2018. The changes include the following: The maximum amount of wages subject to the…

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Aug222022

Important Changes for Both Businesses and Individuals in the New House Tax Bill

BlogAugust 22, 2022

On Thursday, House Republican leadership continued their efforts for tax reform, presenting a new tax bill containing a wide variety of changes for both business and individual tax rates, writes Anna Edgerton and Erik Wasson…

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Aug222022

Talent and Tech Are How Small Businesses Can Level the Playing Field

BlogAugust 22, 2022

Business growth can stall due to lack of identity. Business owners should focus on their strengths while leveraging new technology to create a competitive advantage.   In an article from Entrepreneur, author Nancy Harris writes,…

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Aug222022

How Can Ecommerce Owners Use the Latest Trends to Their Benefit?

BlogAugust 22, 2022

Customers are beginning to expect personalized shopping experiences. Using the latest consumer  trends, ecommerce companies will be able to grow their businesses. In an article from Entrepreneur, author Thomas Smale writes, “Much has been said…

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Aug222022

Using The Right Data to Align Your Products & Services

BlogAugust 22, 2022

While raw data is readily accessible in today’s modern world, not every business uses data to enhance a customer’s experience. Businesses can use data to align your products and services. In an article from Disruption…

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Aug222022

World Leaders Are Embracing Bitcoin

BlogAugust 22, 2022

Bitcoin has made headlines in the past week as the value skyrockets. How are world leaders responding to the cryptocurrency? In an article from Business Insider, author James Stafford writes, “Cryptocurrency may be one of…

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Aug222022

Senate and House Tax Bill Comparison

BlogAugust 22, 2022

As the tax reform proposal continues its journey to potential passage, we thought we would offer you a brief look at the similarities and differences in the House and Senate tax bills. Both bills have…

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Aug222022

IRS Warns of Christmas Email Phishing Scams

BlogAugust 22, 2022

As the holiday season nears, be on the lookout for email phishing scams that could access your personal data and taxes. According to an article from CPA Practice Advisor, “The most common way for cybercriminals…

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Aug222022

Inspiring the Disruptors of Tomorrow

BlogAugust 22, 2022

With the widening talent gap in technology, it will be increasingly difficult for businesses to find an employment standard. In an article from Disruption Hub, author Laura Cox writes, “As enterprises inevitably enter the digital…

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Tax Cuts and Jobs Act Signed Into Law

BlogAugust 22, 2022

The Tax Cuts and Jobs Act, which was passed in both houses of Congress earlier this week, was signed into law by President Trump on December 22, 2017.  The majority of the provisions contained in…

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Aug222022

How to Protect Your Customers’ Data

BlogAugust 22, 2022

Cyberattacks have reached a critical level, hitting unprecedented numbers last year. It’s estimated that data breaches were up 40% in 2016. A common misconception is that these attacks only happen in the banking or healthcare…

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Aug222022

Outlook: Strong Future for Female Entrepreneurs

BlogAugust 22, 2022

According to data from 2015, over nine million U.S. businesses are now women owned. However, there are still hurdles women face as entrepreneurs, generally unique from their male counterparts. In a recent article for Business…

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Aug222022

Should You Give Your Employees a Raise? 8 Reasons Not To

BlogAugust 22, 2022

In addition to the added expense, there are a number of other factors to consider when considering salary increases for your employees. Whether or not the addition to your bottom line makes raises feasible, Josh…

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Aug222022

Empowering Your Employees

BlogAugust 22, 2022

When you own a business, you’re accountable for its success. However, if you have a strong, entrepreneurial team supporting you, you can be confident in relying upon them to make daily decisions without your direct…

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Aug222022

Employee Retention and Your Business

BlogAugust 22, 2022

Business owners and managers know that keeping the best employees isn’t easy. In an article for Entrepreneur, Matthew Wride, COO of DecisionWise, provides a series of questions for leaders to use in order to evaluate…

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Aug222022

Breaking Down the White House Tax Cut Proposal

BlogAugust 22, 2022

On Wednesday, the White House unveiled the administration’s proposed tax cut plan, which, if approved, would be the biggest tax cut and largest tax reform in the history of the United States.  Top economic advisor,…

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Aug222022

The Urgent Need for Increased Productivity in Retail Stores

BlogAugust 22, 2022

“We are on the edge of a precipice,” writes Walter Loeb, for Forbes. As the popularity of ecommerce increases, the security of the US retail industry becomes ever weaker. As an ever-increasing amount of sales…

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Aug222022

Gmail Phishing Scam Affects up to One Million Users

BlogAugust 22, 2022

A sophisticated and rapidly-spreading attack hit the accounts of Gmail users earlier this week, affecting as many as 1 million people, according to a statement issued by Google late Wednesday evening. “We have taken action…

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Aug222022

Strategies for Pursuing Continued Education

BlogAugust 22, 2022

Owning a business is a time-consuming pursuit; many entrepreneurs credit their success to education but struggle to find the time to continue learning while also managing their business. In a recent article for Entrepreneur, Scott…

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Aug222022

Habits of Smart Communicators

BlogAugust 22, 2022

Communication has gradually become more digital and less personal, prompting us to slowly lose our personal communication skills. With the digital age being full of texts, emails, phone calls, and social media, we find ourselves…

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Aug222022

Necessary Information for Any Marketing Strategy

BlogAugust 22, 2022

Marketing strategy, like all aspects of business, is an important part in running a successful company. While starting a new marketing strategy can be fun, they cannot be successful without hard work and dedication. In…

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Aug222022

Tips as Generation Z Enters the Workforce

BlogAugust 22, 2022

As graduation season comes to an end, there is a renewed sense of motivation from those who are beginning  their careers. These graduates are not from the Millennial generation, but rather are their own new…

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Aug222022

Techniques to Help Your Employees Tackle Problems

BlogAugust 22, 2022

In every business, those who can tackle problems rather than complain about them are bound to succeed. Problem solvers, not whiners, always end up winning in business. In an article from Entrepreneur, Jill Schiefelbein writes,…

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Aug222022

Owners Should Utilize The Work Opportunity Tax Credit

BlogAugust 22, 2022

Did you know that employers claim about $1 Billion in tax credits each year under the Work Opportunity Tax Credit Program (WOTC)? The WOTC was formed to encourage employers to hire those looking for work…

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Aug222022

Social Media, the IRS, and Tax Audits

BlogAugust 22, 2022

Did you know that the IRS uses your social media use as part of their audit determinations? Be careful when you post about how much money you saved during tax season! In an article from…

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Aug222022

4 Ways to Resolve Creative Differences in the Workplace

BlogAugust 22, 2022

Creative differences in the workplace can lead to messy situations. While some differences have easy resolutions, there can be times when both parties cannot find common ground, leading to a strained and tense workplace. How…

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Aug222022

5 Ways Going Paperless Will Help Your Business

BlogAugust 22, 2022

The era of using paper processes is coming to an end. Businesses are switching to technological advances that allow them to ditch paper. But not every business is opting to get rid of paper processes.…

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Aug222022

11 Things Every CEO Must Know About Disruption

BlogAugust 22, 2022

In the business world today your business can either be known as a disruptor or the disrupted. Success in any industry relies on a CEO’s ability to see changes in the market and react accordingly.…

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Aug222022

Doing These 5 Things Daily Will Make You More Productive

BlogAugust 22, 2022

Business leaders all live busy and sometimes stressful lives. This article from Inc. offers advice for five things you can do daily to help you and your business be more productive. Author Jordan Scheltgen writes,…

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Aug222022

How to Network, for Those Who Hate to Network

BlogAugust 22, 2022

Growing your network is one of the most important skills anyone can have in the business world. But how are you supposed to network when you hate networking? Surprisingly, it is easier than you think!…

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Aug222022

Urgent Update: Department of Labor Ruling Blocked

BlogAugust 22, 2022

Late yesterday, a federal judge in Texas blocked the Department of Labor’s ruling on overtime pay, which was set to take effect on December 1st. This is the ruling that would require employers to pay…

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Aug222022

Star CEOs: What Sets Them Apart

BlogAugust 22, 2022

There are some prevailing stereotypes associated with successful CEOs. They’re loud and extroverted, with a penchant for self-promotion. While that might be true of some, there’s a lot more to a CEO’s success than those…

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Aug222022

Tax Alert: Refund Delays in 2017

BlogAugust 22, 2022

The Internal Revenue Service (IRS) has issued a reminder that it will be delaying refunds for taxpayers claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC). The delay is meant…

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Aug222022

What Type of Networker Are You?

BlogAugust 22, 2022

It’s a common misconception that there’s only one type of networking style. In Jessica Stillman’s recent Inc. article, she explains the three types of networkers: Player: this is the one most people associate with successful…

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Aug222022

Mileage Rates to Change in 2017

BlogAugust 22, 2022

The IRS has announced mileage rates for 2017, some of which are lower than 2016 rates. Here are some of the details from Journal of Accountancy: For business use of a car, van, pickup truck,…

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Aug222022

2017 Business Risks

BlogAugust 22, 2022

Hopefully, 2017 will be a year of great prosperity for you and your business. What risks will businesses face in the coming year? CPA Practice Advisor’s managing editor Isaac O’Bannon reports on the findings of…

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Aug222022

How to Keep Your 2017 Resolutions

BlogAugust 22, 2022

Happy 2017! Hopefully, this year will be filled with good health and prosperity, both for you and your business. Have you made any resolutions? It’s common to head into the new year with ambitious goals,…

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Aug222022

Stay Alert: Tax Season Fraud

BlogAugust 22, 2022

Last year, fraud rose to unprecedented levels. IRS estimates indicate a 400% increase in phishing and malware incidents during the 2016 tax season. Criminals are finding more and more ways to sidestep the safeguards put…

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Aug222022

Are You Ready to Partner Up?

BlogAugust 22, 2022

Are you considering partnering with another business owner to grow your company? A short video from Entrepreneur features successful business owners with their best advice for anyone considering a partnership. Here are some of the…

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Aug222022

How Entrepreneurs are Growing Their Businesses in 2017

BlogAugust 22, 2022

What are entrepreneurs doing to grow their businesses in the coming year? That’s the question from a new survey of small business owners. Things like the political changes, technology, interest rates, and the employment market…

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Aug222022

Tax Tips for the Multi-generational Home

BlogAugust 22, 2022

The multi-generational home is making a comeback. It’s not just Millennials who are moving back with their Generation X parents. In addition, Generation Xers are welcoming their Baby Boomer parents into the household. There can…

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Aug222022

Tax Refunds: Myths vs. Facts

BlogAugust 22, 2022

Would you know a tax myth from a tax fact? As tax season approaches, there are many myths swirling around about the IRS, tax returns, tax deduction, and anything tax-related. How do you know what…

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Aug222022

Business Leader’s Recipe for Success

BlogAugust 22, 2022

As a business leader, there are so many aspects that need your attention. So where do you focus your energy? In a new article from Inc. magazine, entrepreneur Martin Zwilling gives tips for becoming an…

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Aug222022

Would You Consider a Co-CEO?

BlogAugust 22, 2022

Are you someone who prefers being in charge, and is comfortable handling all the responsibilities of being CEO, or are you someone who could benefit from sharing the load with another capable leader? Author Gwen…

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Aug222022

Reduce Your Risk of an IRS Audit

BlogAugust 22, 2022

The IRS audit is every taxpayer’s fear, even those who are honest and diligent. However, IRS audits are less common than many Americans believe. The likelihood of an audit does tend to increase with a…

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Aug222022

Don’t Lose Your Top Performers

BlogAugust 22, 2022

Are your top performers satisfied at your business? Hopefully you have an open dialog with your employees, and you have an idea of how they’re feeling about their jobs. However, there are some things that…

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Aug222022

Retirement Alert: New Contribution Limits in 2017

BlogAugust 22, 2022

Section 415 of the Tax Code, which limits the allowable contribution amounts to retirement plans, is reviewed every year and cost-of-living adjustments are made. The IRS has determined that beginning in 2017, some of these…

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Aug222022

The Election Is Over – What Next?

BlogAugust 22, 2022

With President-Elect Donald Trump and the House and Senate both Republican majority, you may wonder what that means for your taxes. We’ve put together some information about how you might see your taxes change, possibly…

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Aug222022

Special Alert: DOL Implementation Deadline December 1st

BlogAugust 22, 2022

Earlier this year, The Department of Labor announced a Final Rule on overtime pay. Hopefully, you’ve had time to prepare for implementation, which occurs December 1, 2016. Here are some key provisions of the Final…

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Aug222022

The Worst Things to Buy During the Holidays

BlogAugust 22, 2022

Holiday shopping season goes into full gear this week, as consumers and retailers prepare for Black Friday. Whether you’ve meticulously planned out your purchases or you just wing it and buy everything on December 23rd,…

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Aug222022

Cybercriminals Shift Their Tactics

BlogAugust 22, 2022

As we build greater protections against cyberattacks, criminals find ways to adapt. They adjust their strategies to stay ahead of the law and avoid detection. Their newest tactic is to send individually targeted emails –…

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Aug222022

Benefits and Perks that Matter

BlogAugust 22, 2022

Industry experts have determined that benefits are growing in importance to job searchers. A new study suggests that 57% of prospective employees rate perks and benefits as major considerations when accepting or declining a job…

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Aug222022

Do You Have an Exit Strategy?

BlogAugust 22, 2022

Have you thought about planning for the day you sell your company? Maybe you’re still growing your business, or you’re still heavily involved in the day-to-day operations, and you haven’t thought about leaving anytime soon.…

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Aug222022

Staying in Compliance with Overtime Pay Regulations

BlogAugust 22, 2022

  As you know, the Department of Labor announced new regulations in May regarding overtime pay for full time employees. Tammy McCutchen, the DOL’s former Wage and Hour Division administrator, spoke recently at a conference…

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Aug222022

Are You Compliant With ADA Standards?

BlogAugust 22, 2022

Due to additional Americans with Disabilities Act (ADA) regulations from 2010, many Arizona businesses could face an ADA lawsuit. Depending on what zip code you’re in – you could be next on the hit-list for…

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Aug222022

Fraud Files: Older Consumers at Higher Risk

BlogAugust 22, 2022

Fraud has been a hot topic this year, between fake IRS scams and retailer data breaches. However, one segment of the population may be especially at risk. Millions of seniors are being taken advantage of…

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Aug222022

Delegate, Don’t Micromanage

BlogAugust 22, 2022

As business owners, there are numerous tasks demanding your time and attention. Hopefully you’ve got a great team to help you manage the workload. However, it can be hard for business owners to let go…

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Aug222022

Tax Issues for Retirement

BlogAugust 22, 2022

Whether you’re still building your business or you’re firmly established and looking ahead to the next phase, it’s a good idea to be informed about retirement so you can best prepare. Social Security benefits Social…

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Aug222022

Do You Need a Logo Refresh?

BlogAugust 22, 2022

If you think about the most iconic brands, their logos are instantly recognizable. Some marketing experts say a logo is the most important visual representation of your business. Your logo is the face of your…

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Aug222022

IRS Examining Businesses

BlogAugust 22, 2022

According to the IRS, 83% of U.S. taxpayers accurately report their income and pay their taxes. That figure isn’t so bad when you compare it with Germany at 68%, Italy at 62%, or Greece at…

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Aug222022

Technology is Giving Business Owners Back Their Time

BlogAugust 22, 2022

As a business owner, you have numerous demands on your time. The 40-hour workweek doesn’t exist for you. Even if there’s not a crisis, there is a constant stream of issues requiring your attention. Time…

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Did You Miss Your Rollover Period? IRS Will Grant More Waivers

BlogAugust 22, 2022

Just last week, the IRS announced that it could be easier to get a waiver for missing the 60-day deadline on retirement plan rollovers. This is great news for anyone who may have missed that…

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Aug222022

Should You Expand internationally?

BlogAugust 22, 2022

Do you have a thriving business which is secure and ready for growth opportunities? Have you thought about expanding internationally? The U.S. government has resources for American businesses who are looking to get started internationally.…

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Aug222022

Leadership Strategies: Focus on Strengths

BlogAugust 22, 2022

There’s no such thing as a perfect employee. Everyone has something to contribute, and hopefully you have a solid team of dedicated professionals you can count on. However, all employees have areas they could improve.…

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Aug222022

Managing Benefit Risks and Costs

BlogAugust 22, 2022

A new study examined finance executives’ current views on retirement and benefits issues. Read some of the highlights from this new research. The comprehensive new study evaluates finance executives’ outlooks on a number of topics…

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Aug222022

Special Tax Alert: Tax Credit Deadline 9/28

BlogAugust 22, 2022

Employers of workers facing significant barriers to employment are urged to apply for the Work Opportunity Tax Credit (WOTC) enacted by the Protecting Americans from Tax Hikes (PATH) Act. The deadline to request certification has…

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Aug222022

Job Flexibility: Dispelling the Myths

BlogAugust 22, 2022

Employers are fighting harder, and offering more perks, to land the best employees. Do you give workers the flexibility they’re looking for? You’ve probably read about the changes in business and virtual workplace. With many…

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Aug222022

EEOC Will Collect Pay Data in 2018

BlogAugust 22, 2022

The U.S. Equal Employment Opportunity Commission (EEOC) announced that some employers will be required to submit data regarding employees’ pay, beginning March 31, 2018. Smaller businesses may not be affected by these new requirements, as…

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Aug222022

Prepare Now for New Filing Deadline

BlogAugust 22, 2022

The IRS has announced a new deadline for W-2 and 1099 filings. It is important to plan now, as the deadline has been moved up. Now, these forms are due to the SSA/IRS by January…

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Aug222022

Election 2016: Your Obligations to Your Employees

BlogAugust 22, 2022

Don’t worry, this isn’t another political post! As you know, election 2016 is imminent. Did you also know that in some states, employers have legal responsibilities on voting day? Attorney Richard Alaniz advises employers to…

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Aug222022

Tax Tips for Deducting Charity Gifts

BlogAugust 22, 2022

Holiday season encourages charitable giving. If you give a gift to your favorite charity and want to claim it as a tax deduction, consider these tips before you make a donation. Give to qualified charities.…

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Aug222022

Time and Attendance Systems

BlogAugust 22, 2022

There are as many types of businesses as there are time-and-attendance systems. While different businesses have different needs for tracking time-and-attendance, we thought it would be helpful to put together a list of systems that…

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Aug222022

Encourage Millennials to be Innovative

BlogAugust 22, 2022

Millennial employees have the potential to be great sources of new ideas and innovation for your company. All it takes is a little guidance to help get their creative juices flowing. Here are a few…

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Aug222022

Tips 2016: Easy Steps to Master Content Promotion

BlogAugust 22, 2022

This year, like previous years, businesses face the challenge of staying on top of new trends, being present in the minds of consumers, increasing leads and intensifying brand recognition efforts.   Businesses exist on a…

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Aug222022

Why Smart Money is Not Worried About Market Drops

BlogAugust 22, 2022

A lot of people have watched the recent fluctuations in the market and began having flashbacks of the great recession. Have no fear, if you are invested in long term, stay put. The current chaos…

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Aug222022

Making Your Business and You Stand Out

BlogAugust 22, 2022

For businesses to succeed, they need to stand out. Whether companies are courting investors or customers, years of hard work mean nothing without a good first impression. Below are a few easy ways that business…

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Aug222022

How to Keep Your Refund and Identity Safe During Tax Season

BlogAugust 22, 2022

Every year people are being robbed of millions of dollars, they aren’t being held up at gun point, and they often don’t even know it’s happening. Though federal agencies are ramping up security measures, identity…

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Aug222022

Best Ways to Save in Retirement

BlogAugust 22, 2022

No retiree wants to relinquish their hard earned money to the government. Though paying taxes is inevitable, there are several advantages available that can lower the amount going to Uncle Sam. An important first step…

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Aug222022

Will Mobile Visitors Skip Your Site?

BlogAugust 22, 2022

Mobile search and internet usage has surpassed desktop activity in recent years and continues to grow. However, many businesses create media and marketing campaigns on desktop computers and don’t take into account that mobile visitors…

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Aug222022

Promoting from Within and Other Smart Moves

BlogAugust 22, 2022

Business owners need to maintain not only clients but employees to keep operations running smoothly. One big mistake employers make is not promoting from within. Some positions won’t be able to be filled by your…

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Aug222022

IRS Extends Filing Deadline for Work Opportunity Tax Credit

BlogAugust 22, 2022

Employers wishing to take advantage of the work opportunity tax credit (WOTC) will be pleased to know they have more time to file the necessary paperwork. Earlier this month, the IRS announced an extension for…

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Aug222022

Cash or Card for Small Purchases?

BlogAugust 22, 2022

Do you remember how you paid last time you got a cup of coffee? Did you unfold a five-dollar bill and hand it to the cashier or give a quick swipe of your card? How…

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Aug222022

Three Questions You Need to Ask Your 401(k) Provider

BlogAugust 22, 2022<