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SERPs: Pros and Cons for Employers and Executives

SERPs: Pros and Cons for Employers and Executives

| September 11, 2021

  If your company offers employees a qualified retirement plan, it’s probably a 401(k). But this popular option isn’t the only game in town. You may want to offer an additional retirement savings vehicle — such as a supplementary executive retirement plan (SERP) — to complement the 401(k)s of a select group of employees. Unlike 401(k)s, […]

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Understanding Cryptocurrency

Understanding Cryptocurrency

| June 14, 2021

What is cryptocurrency? In late 2009, the financial world was revolutionized with the invention of Bitcoin, the first successful cryptocurrency. Bitcoin and other “crypto assets” use an intricate transaction processing system invented by Satoshi Nakamoto called blockchain. It utilizes a huge network of computing systems that keep records of who owns Bitcoin and how much […]

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Ain’t No Mountain High Enough

Ain’t No Mountain High Enough

| May 14, 2020

“And I will make all my mountains a road, and my highways shall be raised up.” -Isaiah 49:11 There is no shortage of bad news, especially when it comes to the impending economic effects of COVID-19.  Simply turn on the news, and you will see all that’s wrong in the world (and there’s a lot of it!).  The good […]

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How Many Millennials Plan To Retire Early

How Many Millennials Plan To Retire Early

| March 12, 2020

Millennials currently are the largest generation in the U.S. workforce. Millennials differ from other generational groups both in their lifestyle and their attitude toward economic and social responsibility. They value their family. Forty percent of millennials with children hold a graduate degree, and close to 70 percent of those with children earn more than the […]

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Eleven Ways To Honor God As An Honorable Customer

Eleven Ways To Honor God As An Honorable Customer

| November 19, 2019

Typically, when we talk about marketplace Christianity, we are referring to how business professionals operate in the marketplace (e.g., business owners, managers, sales professionals, service workers, etc.). But for most people, the opportunity to honor God in the business world emerges primarily on the other side of the checkout counter–as the customer. In our quest […]

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Expanding Retirement Plan Options for Small Businesses

Expanding Retirement Plan Options for Small Businesses

| October 14, 2019

A new final rule from the U.S. Department of Labor (DOL) clarifies some of the ins and outs of multiple employer plans (MEPs). These are defined contribution retirement plans — such as 401(k) plans — that are sponsored by an association or employer group on behalf of member employers. The idea behind multiple employer plans (MEPs) is […]

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Looking for a Business Loan? Be Prepared

Looking for a Business Loan? Be Prepared

| January 13, 2019

If you’re building up a small business but haven’t yet needed to borrow funds to expand or smooth out cash flow irregularities, you’re doing something right. Or if you have borrowed and everything went smoothly, kudos again. Otherwise, keep in mind that anticipating the need for credit well in advance will put you in a much […]

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7 Year-End Tax Planning Moves for Small Businesses

7 Year-End Tax Planning Moves for Small Businesses

| November 19, 2018

Small Business owners still have time to significantly reduce their tax bills for 2018. Here are seven year-end moves to consider, taking into account changes included in the Tax Cuts and Jobs Act (TCJA). 1. Claim 100% Bonus Depreciation for Asset Additions Thanks to the TCJA, 100% first-year bonus depreciation is available for qualified new and used […]

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Goodwill: Personal or Business — and Why Does It Matter?

Goodwill: Personal or Business — and Why Does It Matter?

| October 16, 2018

You can’t touch goodwill, but it’s one of the most valuable assets for many businesses. Commonly associated with professional service firms, goodwill can also exist among manufacturers, retailers, contractors and other types of businesses. Valuing intangible assets, including goodwill, requires the use of a business valuation professional to get it done right. Getting a Handle […]

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Creating a Successful Crowdfunding Campaign

Creating a Successful Crowdfunding Campaign

| August 13, 2018

Crowdfunding has become a major consideration for entrepreneurs and start-ups looking for project funding. Kickstarter, IndieGoGo, and Patreon are just some of the big names available to those looking to fund rather than bootstrap a new product, service or project. Many people believe that asking for funding is as simple as filling out a few […]

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