by Royer Advisors | Dec 11, 2024 | Business Plans
Electronically stored information (ESI), whether emails, spreadsheets, text documents, or others, is routinely requested as evidence in lawsuits. Destroying that data, or being unable to produce it during the discovery process, can result in some harsh legal...
by Royer Advisors | Dec 11, 2024 | Business Plans, Fraud Prevention
Would you leave the front door of your house unlocked? Probably not. What about your business or not-for-profit organization? Even more unlikely. While we like to think the best of our fellow Mainers, leaving the front door unlocked would welcome in the thieves. Not...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Fraud Prevention, Uncategorized
Does your Maine company need a chief financial officer but you can’t afford to hire one full time? Or do you need someone to help prepare your business to be sold, handle a special project, or cover for an executive who is ill or left the organization? A...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning, Uncategorized
The one thing that never changes is that life is always changing. The Tax Cuts and Jobs Act (TCJA) has made huge changes to the federal income tax rules for individuals. But how will you, your family, and your business be affected? It depends on your specific...
by Royer Advisors | Dec 11, 2024 | Business Plans
Association health plans (AHPs) are health benefit policies made available to small employers through a group purchasing arrangement to the benefit of association members and their employees. Last October, the Trump Administration started to develop AHP’s as an...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, IRS Regulation, Tax Planning, Tax Preparation
The first-year depreciation deductions for vehicles used more than 50% for business purposes has been expanded by the Tax Cuts and Jobs Act (TCJA). Here’s what Maine small business owners need to know to take advantage. Depreciation Allowances for Passenger...