Earlier this month, the IRS announced that it was implementing a moratorium on the acceptance of new Employee Retention Credit claims until 2024. Any businesses that had planned to file a claim in the coming months must wait until 2024, when a series of new measures to prevent fraud will be in place. The pause …
IRS Announces Pause in Employee Retention Credit Claims Read More »
If you’re planning on selling your business in the future, a comprehensive exit planning process is crucial to maximizing your outcome. Exit planning should be top of mind for all successful business owners, but it’s a topic that’s overlooked by many entrepreneurs. Even if you currently don’t have any plans to sell your business, the …
5 Key Steps to Effective Exit Planning for Business Owners Read More »
Individual Retirement Accounts, more commonly known as IRAs, are extremely popular retirement savings accounts used by tens of millions of American citizens. These tax-advantaged accounts allow Americans to save for their retirement throughout their working lives. In total, Americans currently hold more than $12 Trillion in IRAs. Many of these accounts are drawn down throughout …
New Tax Rules on Inherited IRAs: An Update From Strothman+Co Read More »
The Employee Retention Tax Credit (“ERTC”) is still getting a lot of attention in the news media these days. Also, a number of companies are advertising on TV and the internet to say that you may still be able get claim the credit, even if you didn’t have a drop in revenues. Let me give …
In today’s modern business landscape, data is quickly becoming the currency of success. Organizations across virtually every industry both create and collect data, and these practices are growing exponentially. But, unless you’re a keen student of data analytics and a master of statistical interpretation, this data can be a struggle to understand. To unlock its …
Visualizing Success: Unleashing the Power of Data in 6 Transformative Ways Read More »
In today’s data-driven business world, the ability to accurately analyze and interpret data is no longer an option: it’s a necessity. Enterprises across every industry deal with large volumes of complex data, from customer behavior metrics to operations data reports. Unfortunately, many businesses fail to harness the full power of this data, leading to missed …
7 Reasons for Kentucky and Indiana Businesses to Work with a Data Analytics Service Read More »
Knowledge is power. And in today’s business world, knowledge comes from data. Incorporating data into the decision making process can be a game changer for all kinds of businesses. Big or small, local or national, construction or manufacturing – it doesn’t matter, data can help you succeed. At a high level, incorporating data into the decision …
In today’s hyper-connected world, data is digital gold. Businesses that understand how to harness the power of their data stand to earn significant riches, but those that lack the foresight to act now will be left behind. Recent years have seen data begin to play a more important role in our world than ever before. …
What Services Do Data Analytics Companies in Kentucky and Indiana Provide? Read More »
As the economy continues to tighten, it’s becoming more important than ever for businesses to have an in-depth, real-time understanding of their financial position. Financial Planning & Analysis, more commonly known as FP&A, plays a vital role in this, arming decision-makers with the insights they need to effectively lead their business. Large corporations tend to …
A Guide to Financial Planning & Analysis for Kentucky & Indiana Businesses Read More »
By 2023, the total amount of data created worldwide will eclipse 163 zettabytes. This data helps businesses understand customer behavior, improve efficiency, create new products and services, and make better decisions. Virtually all businesses across almost every industry have data. Some use it effectively, while others only see a small fraction of the benefits. It’s …
Data Governance: What Louisville-Area Businesses Need to Know Read More »
