Since 2006, taxpayers age 70½ or older have been able to make tax-free “qualified charitable distributions” (QCDs) from their IRAs. This provision survived through the years thanks to periodic, short-term…
The 3 Keys to a Strong Internal Control Foundation
In its most simplistic form, the dictionary defines risk as “the possibility that something bad or unpleasant (such as an injury or a loss) will happen.” Just like each individual…
Days Numbered for Common Estate Planning Technique
Regulations that would restrict the use of a common estate planning technique are moving through the approval process in Washington, D.C. The U.S. Treasury Department and IRS earlier this month…
Maximize CapEx Benefits with Lean Six Sigma
The weather is hot and humid right now, but business owners and financial executives know that budget season is just around the corner. An important part of the budgeting process…
2 Ways to Boost Lean Results
Operational excellence. Toyota Production System. Six Sigma. All of these are different names for the same methodology: Lean process improvement. Widely adopted by companies across many industries, Lean methods have…
