Planning Is Everything Are you a business owner who wants to retire someday? Would you like to see the business continue after your departure with younger family members and/or other key employees in charge? Accomplishing the dual goals of retirement and continuity of the business is possible, but it takes planning. Because every situation… [Read More]
Business Accounting
How Do Installment Sales Affect Your Tax Bill?
You’ve finally found a buyer for the rental property, land, or business you’ve been trying to sell but the buyer doesn’t have enough cash to pay the full purchase price in a lump sum. So you agree to an installment sale. The buyer will make a partial payment now and pay you the balance over… [Read More]
Tips For Staying One Step Ahead of Tax Issues
At The Neal Group, LLC, a Milwaukee accounting firm we know that proactive tax planning is critical to minimizing your tax liabilities. When you work with us we make tax planning part of your overall business strategy and not just something we do at year-end. The last thing you need as a small business owner… [Read More]
Why it is Important to Keep and Eye on Your Cash Flow
If profits are up and the projections look good for the next month or two, should you kick back and relax? Maybe not. No matter how positive other signs may be, if you’re not keeping a close eye on your company’s cash flow, things could go haywire. Our Milwaukee Accounting Firm works with businesses to… [Read More]