by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings
What happens if you’re the owner of a limited liability company (LLC) that generates tax losses, and you don’t spend a lot of time in the activities of the business? The losses might be classified as passive, and your ability to currently deduct them might be severely...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
As a small business owner, you may have had the experience of buying a new, state of the art machine, only to find out that you paid more for features you really didn’t need. Or maybe you’ve invested in an inexpensive piece of business equipment that didn’t work...
by Royer Advisors | Dec 11, 2024 | Business Plans
Studies show that staff members and managers can be greatly resistant to change, whether it be a major restructuring or a simple change in the color of the office. It may feel like an over-reaction, but to some employees change can suggest an invasion of turf. They...
by Royer Advisors | Dec 11, 2024 | Business Plans
In recent months, several states and localities have passed laws to mandate paid sick leave. One way the local laws differ is in the grounds required for taking sick leave. Most cover sick leave when the employees or their family members are sick, and some also cover...
by Royer Advisors | Dec 11, 2024 | Business Plans
As a Maine-based small business owner, it may seem like a natural progression to expand north. Canada is a globally competitive country and an extremely cost-effective market. This makes it a good choice for businesses, especially those in the northern United States,...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
When you take out personal loans to buy a Maine-based small business, you want to maximize the tax write-offs for the resulting interest expense. The tax law in this area can seem complicated. But if you do some research ahead of time and talk with Filler &...
