Hanging out the "For Sale" sign is a big decision for any family business. The owner or co-owners obviously want to maximize the after-tax sales proceeds, but buyers will have objectives all their own. This article provides an in-depth discussion of the important steps to selling a family business with minimal tax impact.
Social networks have grown in popularity and corporate usefulness. But there's a fine line between personal and professional networking on the Web, and missteps can be treacherous. As a result, some companies simply ban social sites in the workplace. A wiser approach might be to come up with a strong policy to regulate them. Here are some issues for businesses to consider in terms of monitoring online activities.
Our company recently began offering a 401(k) plan. We know mistakes can happen. We heard about an IRS program that allows plan sponsors to fix mistakes. Are there some errors we can correct without the IRS being involved?