What You Need to Know About Tax Reform

The House of Representatives voted on a significant tax reform bill. For many in Congress, the stakes of tax reform have soared after lawmakers failed to repeal and replace Obamacare, with healthcare reform failing to garner enough support. Tax reform would create a palpable impact for Republicans before next year’s midterm elections. Still undergoing a flurry of changes, the House … Read More

How will changing healthcare laws impact small businesses?

Earlier this month, President Trump signed an executive order to provide “Obamacare relief” from the Affordable Care Act, relaxing rules regarding enrollment in short-term health insurance and health coverage offered by small businesses. Among the mandates he issued is to “consider proposing regulations or revising guidance” on options for plans that small businesses may offer and sell—including “association health plans” … Read More

Business Succession: Planning for the next phase of your company

Even in this age of conglomerates and chains, the family business still functions as the backbone of the American economy, representing 50 percent of the GDP and creating 60 percent of jobs in America. But the family owned business isn’t always a “mom and pop” model of simplicity and warm, fuzzy feeling; as Forbes points out, they often harbor “intimate … Read More

Why Performance Metrics Matter

growth

“Can I have your number?” The age-old question acquires new meaning when it describes performance metrics, which have become a key aspect of the data driving the business world. Beyond basic tracking of revenue or expenses, the careful study of employee performance is now a guiding principle for industries ranging from hedge funds to hospitality to health care. Tracking and … Read More

Employee Incentives

TYS, LLP

Employee incentive programs don’t have to take the form of “Employee of the Month” mug shots or birthday cake in the break room. Nor do they need to include cash bonuses or even tangible rewards to drive results, which is good news for companies strapped for cash. In fact, the best programs to keep employees “engaged, productive and invested,” according … Read More