by ABIP | May 24, 2018 | News
Did you know you can exercise some control over your charitable endeavors using a donor-advised fund (DAF)? As the name implies, recommendations are integral to a DAF. First, you contribute to a fund typically managed by an independent sponsoring organization. The...
by ABIP | May 22, 2018 | News
The Tax Cuts and Jobs Act restricts the losses that owners of pass-through entities (including sole proprietors) can currently deduct. For tax years beginning in 2018 through 2025, an “excess business loss” can’t be deducted in the current year. This...
by ABIP | May 15, 2018 | News
If you wish to protect your assets while retaining some control over them, consider an irrevocable trust. Transferring assets to such a trust generally places them beyond your creditors’ reach. And by including a “spendthrift” provision, you can also...
by ABIP | May 10, 2018 | News
They say you’ve got to spend money to make money. But that doesn’t mean business owners should accept high operational costs. Cost control is a formal management technique through which you evaluate operations and isolate activities with excessive...
by ABIP | May 3, 2018 | News
Many companies must eventually decide whether to renew a lease, move on to a different one or buy new (or pre-existing) space. Buying commercial property is a big step. It offers prestige, control and tax advantages, but also comes with high costs, maintenance...
by ABIP | Apr 26, 2018 | News
To be successful, a business must be competitive. Is yours? Here are some ways to assess this: First, examine your operating environment. Anything from severe weather to a sudden change in buying trends could affect competitiveness. Next, identify important tangible...
