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There is now relief for property owners who couldn't complete a like-kind exchange because their qualified intermediary entered into bankruptcy or receivership. You may now use a special safe harbor method to report gain or loss, and the IRS won't treat you as being in receipt of the exchange proceeds.
Employees are human. That means they are subject to human foibles and failings. You may even be more aware of this if they are family members. You can live with minor quirks, so you probably overlook them. But when an employee's difficult behavior begins to affect their job performance or other staff and customers, a manager has a duty to intervene.
One plus one equals two, right? If we can agree on this, we can also say that the sum of the parts equals the whole. But, as logical as this theory may seem, it may not hold true when determining the value of a shareholder's minority interest in a business.
When you have to spread an absent employee's duties around, how can you ease the load for the bearers of that burden? What might bolster team morale and motivation? Here are some ideas.
Your nonprofit may be considering whether it is time to add international offices. If so, what benefits will you receive, and how will you keep the employees involved?
Know your financial statements - glimpse your future. Financial statements are used for many purposes and are often required. However, the most significant purpose of financial statements is to summarize events that took place in your medical practice during a set period of time. The information is important to understand not only what occurred but, more importantly, what needs to change for the future to produce the best possible financial results.
Disasters happen. Have you considered what will happen if your firm is unable to resume normal operations over an extended period of time? Business insurance may provide a reasonable backup plan.
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