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    Highlights

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    Get Ready for the 2024 Tax Season

    Feb. 7, 2024
    Rushing to get your records and receipts together can cause errors resulting in penalties. Here are a few areas to focus on to make the season less stressful.
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    Get Your Business Finances in Order for 2024

    Dec. 15, 2023
    Getting a company’s financial house in order is a tremendous task that must be implemented over time. Here are a few basic tips to help get the process started.
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    How Solid Tax Planning Can Ensure Continued Success for Your Business

    Nov. 28, 2023
    The primary reason for tax planning is to minimize a company’s tax liability.
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    Is an Employee Stock Ownership Plan Right for Your Plumbing Business?

    Oct. 23, 2023
    CONTRACTOR talks with Jeff Buettner, Managing Director at ButcherJoseph & Co. about succession, tax implications and more.
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    Single Member LLCs: How to Avoid 4 Common Pitfalls

    Oct. 9, 2023
    Specific strategies can give an owner peace of mind even in the event of any financial or tax-related inquiries.
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    Top Tax Tips for Contractors From an IRS Enrolled Agent

    July 12, 2023
    Most CPAs and financial advisors will tell you it’s best to think about tax planning year-round and not just at tax time.

    Recommended

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    eBook: Building Your Plumbing Business Brand

    Nov. 10, 2023
    The articles collected here will give you guidance on how to build your brand into something respected, depended on, and instantly recognized.
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    Life insurance is still a way to deny the IRS

    Dec. 12, 2017
    My original goal for this article was to begin an analysis of the proposed overhaul of the Internal Revenue Code and how to beat the new tax monster at his own game. No luck. ...
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    Joe’s estate plan crashes and burns

    Nov. 13, 2017
    Although Joe was a planner, after he went to the big business in the sky, his estate plan and business succession plan (for Success Co.) turned into an economic and tax tragedy...
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    You need a life plan, not a death plan

    Oct. 17, 2017
    There is an army of real-life lawyers who don’t ever seem to get things done. I’ll bet the farm that most contractors reading this column — who have done estate planning — can...
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    You should swap your old insurance policy

    Sept. 11, 2017
    Recognize that often your CPA's (or any other professional advisor's) ability to help you is more a matter of experience than knowledge.