Tag: Articles

The COVID-19 situation has intensified and evolved rapidly since we communicated with you last week. As a result, BST is moving to a mandatory remote working environment for employees effective today, March 18, until further notice.

You wouldn't perform surgery on yourself. The same holds true when buying a business. Unless you're well-versed in performing a comprehensive financial analysis of a business, it doesn't make sense to buy one without using due diligence and valuation specialist.

The U.S. Department of Labor (Department) is updating and revising its regulations issued under the Fair Labor Standards Act (FLSA or the Act) that provide guidance on determining joint-employer status under the Act.

If you are a small business owner looking for an inexpensive way to add a traditional style 401(k) retirement plan, there is a way.  The IRS has cleared the way for small businesses to join an existing 401k plan with multiple employers and avoid a costly set up for your own separate plan.

Although generally not of primary concern for high net worth individuals, the Social Security retirement benefits that may possibly be available to the former spouse of a well-paid individual can be an important source of supplemental income during retirement years.

The Federal Reserve Bank lowered benchmark interest rates a quarter of a point earlier this week for the second time in as many months. The rate decrease was widely expected, but leaves many wondering: what comes next? Will this be a series of adjustments to boost a sluggish economy or will they leave things alone for the rest of the year?

It was hard to miss the headlines about escalating trade tensions between the U.S. and China this week—and hard not to notice the up-and-down market activity that went along with it. But what, if any, long-term impact does trade policy have on the economy and, by extension, our portfolios? Although it remains to be seen how the events of this latest news cycle will play out, your evidence-based financial plan is built to anticipate and withstand market risk.

The discount for lack of marketability is an often-contested valuation adjustment that requires a particularly detailed process. When calculating any valuation adjustment, an appraiser obviously can't just pick a number out of a hat.

Managing your taxes is one of the most stressful aspects of being a small business owner. Waiting until the last minute will only make the process worse and can often result in a larger tax bill in the long run.

The recently enacted Tax Cuts and Jobs Act places new limitations on an employer’s deduction for fringe benefits paid or incurred after December 31, 2017.