Tag: NYC accountants


Two ways to transfer a family business

For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the transition of ownership from one generation to the next.

The best approach depends on your particular circumstances. If your net worth … Read More »

September 20th

Estate Planning Briefs. Comments Off on Two ways to transfer a family business


The tax deduction ins and outs of donating artwork to charity

If you’re charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a tax perspective. In general, donating appreciated property is doubly beneficial because you can both enjoy a valuable tax deduction and … Read More »

September 19th

Tax Department, Tax Planning. Comments Off on The tax deduction ins and outs of donating artwork to charity


Keeping a king in the castle with a well-maintained cash reserve

You’ve no doubt heard the old business cliché “cash is king.” And it’s true: A company in a strong cash position stands a much better chance of obtaining the financing it needs, attracting outside investors or simply executing its own … Read More »

September 19th

Business Briefs. Comments Off on Keeping a king in the castle with a well-maintained cash reserve


For unmarried couples, estate planning is indispensable

When married couples neglect to prepare an estate plan, state intestacy laws step in to help provide financial security for the surviving spouse. It may not be the plan they would have designed, but at least it offers some measure … Read More »

September 13th

Estate Planning Briefs. Comments Off on For unmarried couples, estate planning is indispensable


Are you ready to expand to a second location?

Most business owners want to grow their companies. And one surefire sign of growth is when ownership believes the company can expand its operations to a second location.

If your business has reached this point, or is nearing it, both congratulations … Read More »

September 12th

Business Briefs. Comments Off on Are you ready to expand to a second location?


2018 Q4 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to … Read More »

September 11th

Tax Department, Tax Planning. Comments Off on 2018 Q4 tax calendar: Key deadlines for businesses and other employers


Prepare for valuation issues in your buy-sell agreement

Every business with more than one owner needs a buy-sell agreement to handle both expected and unexpected ownership changes. When creating or updating yours, be sure you’re prepared for the valuation issues that will come into play.

Issues, what issues?

Emotions … Read More »

September 6th

Business Briefs. Comments Off on Prepare for valuation issues in your buy-sell agreement


Is a significant portion of your wealth concentrated in a single stock?

Estate planning and investment risk management go hand in hand. After all, an estate plan is effective only if you have some wealth to transfer to the next generation. One of the best ways to reduce your investment risk is … Read More »

September 6th

Estate Planning Briefs. Comments Off on Is a significant portion of your wealth concentrated in a single stock?


Do you need to make an estimated tax payment by September 17?

To avoid interest and penalties, you must make sufficient federal income tax payments long before your April filing deadline through withholding, estimated tax payments, or a combination of the two. The third 2018 estimated tax payment deadline for individuals is … Read More »

September 4th

Tax Department, Tax Planning. Comments Off on Do you need to make an estimated tax payment by September 17?


HSA + HDHP can be a winning health benefits formula

If you’ve done any research into employee benefits for your business recently, you may have come across a bit of alphabet soup in the form of “HSA + HDHP.” Although perhaps initially confusing, this formula represents an increasingly popular model for … Read More »

August 29th

Business Briefs. Comments Off on HSA + HDHP can be a winning health benefits formula

HOBERMAN & LESSER, LLP