Close up of leasing agreement

Lease vs. Buy – Tax Impacts and Cash Flow Considerations

There are two primary categories of leases – the operation lease and capital lease. In this video, Robert E. White, CPA discusses these two primary types of leases and the differences between them. He also addresses when a company would consider leasing vs. buying equipment or machinery. Learn the pros and cons of each lease …

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Client Corner: Suffolk Cement Products

Suffolk Cement Products has operated in the Long Island area for more than 80 years. The Lohr family passed the company down through three generations and witnessed many changes in the industry over the years. Today, Mark Lohr and Linda Hagen carry on the family legacy that began with their grandfather many years ago when …

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Trust Basics

Whether you're seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility--many types of trusts exist, each designed for a specific purpose. Although trust law is complex and establishing a trust …

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Planning for Succession of a Business Interest

Business Succession Planning—What Is It? One of the important decisions a business owner must face is when and how to step out of the business--in other words, business succession planning. Do you expect to retire from your business? Do you have a plan in place? What would happen to your business if you were to …

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Retirement Planning Options for Business Owners

In general Perhaps you are self-employed or own a small business. Or, you may be directly involved in running a corporation or a tax-exempt organization. In any of these cases, you generally have the option of establishing a retirement plan in which you and/or your employees may participate. One of the main advantages of a …

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