Posts Tagged ‘small business’

Founders and Transition Planning

Founders and Transition Planning

  • Agency News

Don’t let “founder’s syndrome” impede your succession planning Are you the founder of your company? If so, congratulations — you’ve created something truly amazing! And it’s more than understandable that you’d want to protect your legacy: the company you created. But, as time goes on, it becomes increasingly important that…

Key Performance Indicators for Business

Key Performance Indicators for Business

  • In the News

Key Performance Indicators are necessary for running any business. Key Performance Indicators (KPIs) help you to find the right path forward in managing your business on a daily, weekly, monthly, and quarterly basis to have a successful year.  At Wilke & Associates, we like to refer to KPI’s as your…

Retirement NQDC Plan may work for you

Retirement NQDC Plan may work for you

  • In the News

Rev up retirement offerings with an NQDC plan Many business owners and executives would like to save more money for retirement than they’re allowed to sock away in their 401(k) plan. For 2017, the annual elective deferral contribution limit for a 401(k) is just $18,000, or $24,000 if you’re 50…

Put Your Successor in a Position to Succeed

Put Your Successor in a Position to Succeed

  • Agency News

Business owners: Put your successor in a position to succeed When it comes time to transition your role as the business owner to someone else, you’ll face many changes. One of them is becoming a mentor. As such, you’ll have to communicate clearly, show some patience and have a clear…

Company Dashboard

Company Dashboard

  • In the News

Don’t make hunches — crunch the numbers Just as a car dashboard gives you a snapshot of the how your car is doing, we recommend that all business owners have a company dashboard with important metrics that are accessed regularly.  This vital tool will help business owners make major decisions by…

Strategic Planning for Small Business

Strategic Planning for Small Business

  • Agency News

Envision your advisory board before you form it Strategic Planning is crucial to every small business.  Many companies reach a point in their development where they could benefit from an advisory board. It’s all too easy in today’s complex business world to get caught up in an “echo chamber” of…

Deductions Documentation and Expenses

Deductions Documentation and Expenses

  • Agency News

Documentation is the key to business expense deductions If you have incomplete or missing records and get audited by the IRS, your business will likely lose out on valuable deductions. Here are two recent U.S. Tax Court cases that help illustrate the rules for documenting deductions. Case 1: Insufficient records…

What Can You Deduct? Business Verses Pleasure

What Can You Deduct? Business Verses Pleasure

  • Agency News

Combining business and vacation travel: What can you deduct? If you go on a business trip within the United States and tack on some vacation days, you can deduct some of your expenses. But exactly what can you write off? Transportation expenses Transportation costs to and from the location of…

Awards of RSUs Tax Deferral Opportunity

Awards of RSUs Tax Deferral Opportunity

  • In the News

Tax Deferral Opportunity – RSU’s may be your solution Tax issues are common considerations in creating compensation packages.  Executives and other key employees are often compensated with more than just salary, fringe benefits and bonuses: They may also be awarded stock-based compensation, such as restricted stock or stock options. Another…

Business Deduction – Company Picnic

Business Deduction – Company Picnic

  • In the News

Business Deduction – Throw a company picnic for employees this summer and enjoy larger deductions Many businesses host a picnic for employees in the summer. It’s a fun activity for your staff and you may be able to take a larger deduction for the cost than you would on other…

Page 1 of 2: 1 2