What is Value-Added Tax (VAT)? Should the U.S. Implement a VAT?

VAT

Whether you are a Republican or a Democrat, one of the biggest concerns in today’s U.S. economy is our $19.4 trillion deficit. Both parties have a variety of ideas and theories regarding a solution to reduce the United States deficit. One of the most common theories, however, is the consideration of a Value-Added Tax (VAT).…

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Get Interested

Interest Rates

This article was written to help understand what the changing interest rates mean. The Federal Reserve Board has the power to change interest rates and uses this power to affect consumer spending.  When interest rates are low, borrowers are more likely to take out a loan to make big purchases.  Borrowers get to keep more…

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Three Ways to Add Value to Your Business

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Many small business owners will go for years without using common sense analytical techniques to manage the value of their company. Value doesn’t just happen. It is the result of strategic moves made resulting from sound, tried and true techniques. Below are three simple actions you can take that may result in increased value for…

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Florida State University’s Top Ranking Accounting Program

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In recent years, Florida State University’s accounting program has consistently ranked among the top in the country. With a dedicated staff of professors who are experts in their respective fields, students have a wealth of knowledge available to them in the classroom. However, in order to progress beyond concepts and ideas, real world experiences in…

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Low Interest Rates Bring Appeal to Utility Stocks

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In March, the head of the Federal Reserve, Janet Yellen, announced a less aggressive plan regarding interest rates for the rest of 2016. Back in 2015, the same Federal Reserve Committee was leaning towards more growth and stability when talking about the U.S. economy. They believed the economy had gained some legs after being punished…

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Valuation of Closely Held Family Businesses

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Introduction Family businesses are often the largest assets of the business owner. Shareholder disputes, divorces, estate partitions, etc. can lead to a need for an experienced appraiser to perform an impartial value of the business. Valuing closely held businesses can be more challenging than meets the eye. Just because a business is smaller does not…

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Employee Fraud in Small Business

Fraud

In today’s times, fraud is becoming more prevalent, especially in small business.  Owners of many small businesses don’t think fraud is something that can happen to them, however employee fraud should be one of their major concerns.  Unfortunately, employee fraud is not uncommon and it is usually an employee you would least suspect.  Fraud can…

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Factors Affecting the Size of the S-Corporation Premium

S-Corporations offer unique income tax advantages relative to otherwise identical C-Corporations. The two primary income tax advantages include avoidance of the dividend tax and the ability to utilize undistributed profit to step-up an investor’s income tax basis. These two income tax benefits can result in substantial cash flow savings at the investor level relative to…

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