Does your company keep blowing its information technology (IT) budget? You may be able to control these costs better through various proactive measures. First, establish a coherent IT philosophy to guide your spending and help you develop clear IT governance policies and procedures. Second, conduct...
When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the tax code, which governs the treatment of gains and losses. Sec. 1231 assets generally include 1) business real property (including land) that’s held for more than one ye...