If you run a business with a physical storefront, collecting sales tax is straightforward. You charge your customers the sales tax required by the jurisdiction where your business is located. For example, if you operate a retail store in Nashville, Tenn., you collect both state and local sales taxes from customers buying merchandise at your … Continue reading Collecting Sales Tax Online →

Buying Insurance Five Tips for Buying Business Insurance Use these steps to assess what types of insurance are best for your business, and how to secure coverage to provide adequate protection and minimize risks. 1. Assess Your Risks. Insurance companies determine the level of risk they’ll accept when issuing policies. This process is called underwriting. The insurance … Continue reading Buying Insurance →

IRC 1031 allows owners of investment property to defer capital gains taxes, on the sale of property, so long as another investment property is purchased per the rules of the IRC 1031. Tax deferred exchanges have long been utilized by apartment complex owners to defer taxes and build their investment portfolios. Many owners of multifamily portfolios … Continue reading Federal Legislation Threatens 1031 Exchanges – By Jade Bossert →

Maintaining your momentum means looking forward even as you focus on the present. Forecasting and planning are critical to your continued success.   Forecasting for Growth: Strategic Thinking   To be effective as a leader, you must develop skills in strategic thinking. Strategic thinking is a process whereby you learn how to make your business … Continue reading Forecasting for Growth →