Agency News

Business Startup Foundations

As a startup business owner, you work your plan and check off your mandatory tasks. Market research – check. Business plan – check. Brick & mortar or online – check. Business name – check. Great job! But there's more to do so your business succeeds, maximizes profit, and minimizes expenses. There are four areas that the initial decision will make [...]

2020-07-13T11:34:52-04:00July 13th, 2020|Agency News|

15 COMMONLY MISSED TAX DEDUCTIONS

Here are some tax deductions you may not be taking advantage of: Business interest on vehicles Business interest on credit cards Business bank fees Business use of internet access fees Business use of computers and accessories/software (general tools of your trade) Non-cash charity (i.e. donating clothing, artwork, collectibles, etc.) Business tolls/parking and tips paid while traveling Business gatherings at the [...]

2020-03-18T12:56:31-04:00March 18th, 2020|Agency News|

Welcome Maria Stromple!

We Gladly Welcome Maria Stromple as Partner to Wilke & Associates, CPAs & Business Advisors. Maria's Experience Maria Stromple has more than 30 years of public accounting experience servicing closely-held businesses in manufacturing, real estate, wholesale distribution, transportation/logistics, insurance, and technology industries. Her diversified experience includes federal and multi-state compliance and comprehensive strategic tax planning for businesses. Maria has participated [...]

2020-01-14T11:07:58-05:00January 6th, 2020|Agency News, In the News, News and Blog|

Maximize Health Benefits for your Team

Manage health benefits costs with a multipronged approach Many companies offer health care benefits to help ensure employee wellness and compete for better job candidates. And the Affordable Care Act has been using both carrots and sticks (depending on employer size) to encourage businesses to offer health coverage. If you sponsor a health care plan, you know this is no [...]

2018-08-02T08:24:44-04:00May 2nd, 2018|Agency News|

Find Time for Strategic Planning

The new year is a great time for strategic planning. As a business owner, you know that it’s easy to spend nearly every working hour on the multitude of day-to-day tasks and crises that never seem to end. It’s essential to your company’s survival, however, to find time for strategic planning. Lost in the weeds Business owners put off laying [...]

2018-08-02T08:28:04-04:00January 5th, 2018|Agency News|

Risk Management for your Business

Fortifying your business with enterprise risk management Establish an enterprise risk management (ERM) program to protect your business. Just as hundreds of years ago, when prosperous towns managed the various risks of foreign invaders, thieves and wild animals by fortifying their entire communities with walls and towers. Assessing threats In short, ERM is an integrated, company-wide system of identifying and planning for [...]

2017-12-06T12:29:36-05:00November 20th, 2017|Agency News|

Making a Loan to Your Company is Complicated

Loan or Capital Contribution Have you given a loan to your company as a business owner? Is that transaction recorded as a liability payable back to you? If you answered “yes” to these questions, you may be at risk for the IRS ruling that your business decision will be reclassified as a capital contribution. Your intentions for lending the money to [...]

2019-09-14T10:55:19-04:00September 29th, 2017|Agency News|

Founders and Transition Planning

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 you give serious thought to a succession plan. When this [...]

2017-09-22T14:25:15-04:00September 22nd, 2017|Agency News|

Accounting Software – Update it Regularly

Why business owners should regularly upgrade their accounting software Many business owners buy accounting software and, even if the installation goes well, eventually grow frustrated when they don’t get the return on investment they’d expected. There’s a simple reason for this: Stuff changes. Technological improvements are occurring at a breakneck speed. So yesterday’s cutting-edge system can quickly become today’s sluggishly [...]

2018-03-23T15:17:32-04:00June 29th, 2017|Agency News|
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