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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…

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…

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…

After a robust job market over the last few years, layoffs are now on the rise. Through November 2023, employers have announced nearly 690,000 job cuts this year, an increase of 115% over the same period last year, according to outplacement firm Challenger, Gray & Christmas. This is the highest January-through-November total since 2020. Prior to…

If your business is picking up steam, you may be looking to expand your workforce to meet the demand. Here’s a practical idea: Hire employees who qualify for the Work Opportunity Tax Credit (WOTC). The credit is available for workers who represent one of the “target” groups specified by law. There’s no limit on the number…

The ABCs of Business Valuation You may understand some of the theory behind business valuation, but you probably don’t know the procedures involved in the analysis and preparation of a report. Clients and attorneys who understand how the valuation process works can anticipate their experts’ needs and appreciate why valuators need to ask so many questions…

For some people, the world is an either/or. They exclusively drink either one soft drink or another. They’re a fan of either the Cubs or the White Sox. But what if you prefer to mix and match qualities of each option to approximate the best of both worlds? That’s essentially the idea behind an investment philosophy…

You taught them how to read and how to ride a bike, but have you taught your children how to manage money?Tip: Give Them a LookFind a credit card calculator on the web to give your kids a real-life look at what it actually costs to “buy now, pay later.”Many college students and graduates carry a significant…