Posts by Alegria Network Administrator
Unlock Tax Savings and Liability Protection: Why Single-Member LLCs Are Key for Real Estate Investors
Choosing the right entity for holding investment real estate can significantly impact your taxes. Discover how SMLLCs provide both simplicity and security.
Read MoreSave Time and Money: Pre-Screen Recruits With 5 Questions
Most employers select finalists for new positions after a lengthy series of interviews. Of course, face-to-face interviews are important, but you can save a lot of time — and make better hiring decisions — by asking applicants a few pointed questions over the telephone before you schedule any meetings. Here are Five Suggested “Pre-Interview” Questions:Why are you leaving…
Read MoreLack of Marketability Discount Requires Empirical Support
The discount for lack of marketability is an often-contested valuation adjustment that requires a particularly detailed process. When calculating any valuation adjustment, an appraiser obviously can’t just pick a number out of a hat. He or she must consider the situation and the unique characteristics of the interest that’s being valued. No Random NumbersBusiness valuation professionals…
Read MoreComputing Tax Basis Counts when Selling a Highly Appreciated Home
Residential real estate prices in many markets have surged over the last few years. As a homeowner, you may be sitting on a significant unrealized gain, especially if you’ve owned your principal residence for a while. That’s good news if you’re ready to sell, but will you owe taxes on the profit when you sell? Thankfully, the…
Read MoreHow To Recognize a Good Leader for Your Company
Traditional interviews, background checks, and clever “scenario” questions might help you turn up a good leader. But sometimes, in spite of your best efforts, you end up hiring a problem, and then struggling to get rid of him or her. Here are some characteristics of good leaders and bad, that may help you find the pearls and…
Read MoreConverting Future Damages to Present Value
When it’s time to calculate damages, a skillful financial expert can discount future damages to present value, providing the ammunition businesses need to receive a just award.Here is an example focusing on how to ensure a reasonable discount rate. Let’s say a company fires an employee for stealing trade secrets. It goes to court to recover…
Read MoreSet Up a Tax-Favored ABLE Account for a Family Member with a Disability
Today, most states offer programs that allow you to establish a tax-favored account to cover the qualified expenses of a family member with a disability. These programs were authorized under the Achieving a Better Life Experience (ABLE) Act of 2014, and Congress has subsequently passed legislation that sweetens the deal. Read on to learn how ABLE accounts…
Read MoreFive Features of a Good Collection Agency
Even the most efficiently run business occasionally encounters some delinquent customers. Your company probably has its own accounts receivable process, of which the final step might be turning over a drastically past-due account to a collection agency.Because some states don’t regulate collection agencies very closely, some of these businesses can engage in unethical activities that could…
Read MoreA Little Employee Appreciation Goes a Long Way
There are many reasons that employees stick with an organization long-term. They need to enjoy the work (or at least aspects of it); the pay and benefits must be right; and, yes, they’ve got to get along with their bosses. Many business owners underestimate that last point.Building good relationships between staff members and their supervisors can…
Read MoreMore to Business Valuation than Meets the Eye
Most business owners and attorneys know the basics of the business valuation process. For example, you might know that there are three approaches to value: the cost, market and income approaches. You might even know some of the methods that fall under these approaches, including the:Adjusted book value,Excess earnings, Guideline public company, Guideline transaction (merger and acquisition), Capitalization of…
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