Private equity firms offer growth capital and expertise, but selling to PE isn’t a traditional exit. Understanding the partnership dynamics, tax implications, and operational changes is essential before pursuing a deal. Learn what makes your company attractive to PE investors.
Even the most carefully crafted estate plan won’t help your family if they can’t find your documents when needed. From wills to powers of attorney, knowing where to store these critical documents and ensuring your loved ones can access them is essential to avoiding unnecessary stress and legal complications.
With the federal estate tax exemption now at $13.99 million, many families assume estate planning is only for the ultra-wealthy. But an up-to-date estate plan is essential for everyone. Life changes—from family transitions to asset shifts—require regular reviews to ensure your wishes are honored.
The qualified business income deduction can save eligible small business owners up to 20% on their taxes. However, complex limitations and special rules for service businesses mean you need to understand the requirements. Learn how this valuable deduction works and strategies to maximize your tax savings.
Many taxpayers miss out on valuable medical expense deductions because they don’t know what qualifies. From laser eye surgery to medically prescribed vitamins, the list of deductible expenses is broader than most people realize. Understanding these rules could help you reduce your tax bill.
Starting in 2026, gamblers will face tighter restrictions on deducting their losses. The One Big Beautiful Bill Act limits gambling loss deductions to just 90%, creating potential tax liabilities even for those who break even. Here’s what you need to know about this significant change.
Deciding whether to buy or lease equipment and other fixed assets is a critical financial decision for businesses. With enhanced tax breaks now available under the One Big Beautiful Bill Act, understanding the pros and cons of each option can help you maximize savings and support your company’s growth.
Independent contractors offer nonprofits cost savings and flexibility, but misclassification can result in serious financial penalties. With evolving federal standards and varying state rules, understanding worker classification has never been more critical for nonprofit organizations.
Planning a fundraising gala involves balancing entertainment value with financial objectives. While creating an enjoyable experience matters, nonprofits must prioritize profitability through careful budgeting, strategic sponsorships, and cost management. Learn how to set realistic goals and follow the 30% rule for successful fundraising events.
Credit card churning—repeatedly opening and closing cards to capture sign-up bonuses and rewards—can seem like a fast track to free travel and cash back. But this high-stakes strategy demands careful management and comes with serious risks that could damage your credit score and financial health.