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The journey from founding a company to successfully handing over the reins involves navigating a complex maze of financial, legal, and even emotional challenges. Robust succession planning can prepare the family-owned enterprise for new leadership or new owners while enhancing the financial stability of the business and its shareholders. This article explores six ways […]
The IRS on June 28 issued final regulations on information reporting for digital asset transactions. The final regulations require “brokers” to report gross proceeds, cost basis, and gain or loss on sales and exchanges of digital assets, including cryptocurrency, stablecoins, and non-fungible tokens (NFTs). The IRS is creating a new form for this purpose, […]
Written by: Tracy Niemier, EA Financial ratios are essential tools that help business owners understand their company’s financial health. Analyzing these ratios allows you to make more informed decisions that drive growth, manage risk, and ensure long-term sustainability. Understanding key financial ratios can provide valuable insights whether you’re considering a new investment, evaluating your company’s […]
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