Returning Value Blog

Comparing C corporations with S corporations

If you are organizing a new business or considering a switch from one to the other for an existing business structure, you may prefer to elect S corporation status for tax purposes rather than a traditional C corporation.

If you’re an employer with full and part-time employees, get ready for potentially big changes in how certain employees may be entitled to overtime pay. The ramifications of new governmental regulations could have a sizeable impact on your bottom line—and if you’re an employer that’s affected, it may not take long to feel the bite.

Important planning tool for business owners

A buy–sell agreement can be critical to a business owner intending to sell the business interest or needing to accommodate other changes within the organization. Typically, it can help ease a transition in leadership to the younger generation. 

Understand and realize the key differences

Don’t be fooled into thinking that cash flow and profit are the same thing. In fact, there are major differences. Cash flow is dynamic and moves daily, while profit is a snapshot of income and expenses at a specific point in time. Understanding this comparison, and acting upon it, can be significant for a small-business operation.

Popular fringe benefit for employees

Flexible spending accounts (FSAs) can be a low-cost addition to your company’s benefits package. You can provide FSAs for your employees to cover health care expenses, dependent care expenses—or both—within certain tax law limits.

 8 No-Cost Transaction Cycles Available for Complimentary Evaluation

As business advisors to our clients, we take a comprehensive approach to assessing and serving your needs.  Through the core accounting and financial services we provide, we are uniquely positioned to identify additional opportunities to improve the overall operational effectiveness of your organization.

We are excited to be Returning Value to the Montgomery area through our recent merger with Wolf & Taunton, P.C. Click here to read the full press release and learn more.

This merger will not only benefit our clients but our firm as well. Having more professionals with experience in a wide range of industries and greater technical knowledge in specialty areas, we now have more resources readily available to better serve you.

Clients will have access to more comprehensive services, industry expertise, business advisory services, and domestic and international coverage. Click here to learn more about Machen McChesney, service offerings and industry specialization.

Smart business owners know their products, services, markets and customers inside and out. Yet that doesn’t necessarily mean they’re experts in business finance, taxes and IRS regulations. While these disciplines grow increasingly complex every year, business owners must make intelligent decisions about each one in order to keep their businesses viable.

How to achieve financial success

No one can predict with any great certainty the financial outlook for 2016, especially with the national elections looming in November. Nevertheless, here are 10 top money management moves that make sense for the rest of this year.