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Go It Alone with a 401(k) Plan

Go It Alone with a 401(k) Plan

by Royer Advisors | Dec 11, 2024 | Accounting Standards, Financial Planning

If your Maine-based small business is essentially a one-person operation, there’s an option to help you save more money for retirement: The Solo 401(k) plan. Ordinarily, traditional defined contribution retirement plans allow annual contributions that are...
Handle Payroll Taxes Very Carefully

Handle Payroll Taxes Very Carefully

by Royer Advisors | Dec 11, 2024 | Accounting Standards, Financial Planning, IRS Regulation, Tax Planning

If you operate a business that collects payroll taxes from employees, always remember this: No matter what your corporate financial situation is, don’t borrow from the withholding tax fund. If that money isn’t there when it’s due, the IRS will crack...
Urge to converge upends lease accounting and reporting

Urge to converge upends lease accounting and reporting

by Royer Advisors | Dec 11, 2024 | Accounting Standards

Valuation experts will never look at income statements and balance sheets the same way again under proposed changes designed to unite lease accounting around the world. Almost all companies will be affected by the changes introduced by the agreement between the...
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Recent Posts

  • U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes
  • Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands
  • Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit
  • New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife
  • Expert’s Testimony Is Excluded as to Solvency—Adjustments to the Balance Sheet of Debtor Were Inappropriate

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