by Royer Advisors | Dec 11, 2024 | Business Plans, Exemptions, Tax Planning
When the owners of a C corporation sell their business’ stock for a large profit, usually they are taxed at a maximum federal rate of 20 percent, as long as they’ve had the shares for more than a year. Relatively speaking, this tax rate isn’t too bad. However, a...
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, Financial Planning
Many small businesses owners are aware that they should have, and regularly update, a strategic plan. They may not, however, realize that part of the process should involve having a succession or exit plan. The Anatomy of a Strategic Plan The best way to start working...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
The income approach is a common choice when appraisers are selecting appraisal techniques. Value is found with this technique by converting future economic benefits into their net present value. Long-term sustainable growth is a key part of this. Capitalization of...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning
Paying employees involves more than just issuing checks. Sometimes small business owners don’t realize how many specific records must be kept. For each employee there has to be records including details such as name, address, and Social Security number, but also...
