Blog
Forbes: Resilience and action define powerful women
“Bias for action” is what sets today’s successful leaders apart from the crowd. Leaders also need the ability to move quickly, adapt and learn and grow from experience. Read the full article at http://www.columbusceo.com
Estate Planning: Does it make sense to hire Cut-Rate Counsel?
One of the best gifts you can give your loved ones is the peace of mind that comes with a will and estate planning. In fact, at Nichols & Company, we encourage all of our clients to, at the very least, have a last will and testament. These days there are a...
Are you really in business? Racing enthusiast lacked profit motive for racing business, finds Tax Court
Your hobby or your for-profit business venture? Sometimes it’s hard to differentiate how the government classifies what you are doing. Roger Russell at Accounting Today spells out the nine specific criteria used by the government to evaluate whether your business is...
Entrepreneurs– Commit Yourself to the Turn
Much like downhill skiing, changing direction in business requires “committing yourself to the turn.” If you stick with the turn and work through it, you’ll find yourself heading the right direction. However, if you waiver, you might find yourself facing a steep...
New Business? Which Entity Type is Right for me?
When establishing a business, it is important to consider what type of entity your business will be. Aren’t they all the same, you ask? Why no, they are not. Your accountant can be very helpful in determining what type of entity your business should be, as well as...
When Paper Beats Cash—helping executives measure the value of stock options
Employees these days have a number of factors to consider when going into a new job and negotiating compensation. Is it better to have a higher salary and fewer stock options? Or a lower salary and more stock options? According to an informal survey conducted by...
Increase Accountability in 2017
Reaching your personal and company goals is as easy as establishing accountability. How does one accomplish that? According to Jim Boomer, CPA, it’s as easy as writing down your goals and verbalizing them to other people. Getting them out of your head and onto paper,...