The straight line

If you don’t meet IRS substantiation requirements, your charitable deductions could be denied. To comply, generally you must obtain a contemporaneous written acknowledgment from the charity stating the amount of the donation, whether you received any goods or services in consideration for the donation, and the value of any such goods or services. If you...

The S corporation is a popular business structure that’s available only to privately held businesses. In fact, approximately 44 percent of small employer firms — generally defined as companies with fewer than 500 employees — have elected to operate as S corporations, according to the U.S. Small Business Administration’s Office of Advocacy. (By comparison, only 22...

When a deal is pending, the best negotiators know that the goal isn’t to scoop up everything and leave the other side with little or nothing. The real goal is generally to exchange items of value so that both sides leave satisfied they have protected their basic interests and made a deal that benefits their companies....

Many companies spend a lot of time and money creating mission statements to highlight their products and services and align employees around a common vision. But the fact is that many mission statements fail, becoming nothing more than a wall ornament or a bunch of words tucked into a seldom-read company handbook. For the most part,...

Thank you to everyone who was able to attend our hospitality room in Minneapolis on December 4th during the CHS Annual Meeting. We have had the pleasure of hosting a hospitality room during this annual event for many years and were very pleased with the turn out this year! We enjoyed spending time with each...

This is an article we have been drafting for several years now. As much as we want to provide you some profound insight into what we see coming down in the next year, this will sound like a re-run. Much of what we expected to see over the last year continues to be what we...