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Valuing an Insurance Brokerage

Peak Business Valuation

Insurance brokerages sell insurance policies and annuities to businesses, individuals, and governments. This industry plays an important role for these entities as insurance protects their assets. As such, there is a high demand for insurance brokerages. Keep in mind, this article is only a guide.

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How are S corporations taxed? Tips for filing and reducing taxes as a pass-through entity

ThomsonReuters

The tax rate an owner/shareholder pays on S corp profits is determined by their individual income-tax rate, which can be anywhere from 10% to 37%, depending on the filer’s total taxable income. Instead, S corp profits are only taxed once, on the personal tax returns of individual shareholders.

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HVAC Equipment Appraisals

Peak Business Valuation

Proper management happens when individuals understand the equipment’s financial value. This is best done through obtaining an HVAC equipment appraisal. An HVAC equipment appraisal can help you avoid leaving money on the table. Insurance Coverage Third, consider your preparation for the unpredictable.

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Department of Labor Cybersecurity Program Best Practices

Audit Board

Through both audits and best practice guidance, the Department of Labor (DOL) is encouraging businesses that sponsor retirement plans to pay attention to managing cybersecurity risk. Cybersecurity best practices related to employee benefit plans for plan sponsors, plan service providers, and plan participants. This can run the gamut.

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Data Update 5 for 2024: Profitability - The End Game for Business?

Musings on Markets

Since businesses invest that capital in their operations, generally, and in individual projects (or assets), specifically, the big question is whether they generate enough in profits to meet these hurdle rate requirements. That said, global (US) companies collectively generated $5.3 trillion ($1.8

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How are LLCs taxed? LLC tax benefits and tips to reduce taxes

ThomsonReuters

Instead, income “passes through” to individual members of the LLC, who pay federal income tax earned from the LLC via their own individual tax returns. taxation at both the federal and individual level), and it is the biggest difference between an LLC and a C corporation (C corp). This is how LLCs avoid double taxation (i.e.,

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Compliance Audit Basics: Definition, Types, and What to Expect

Audit Board

The US government mandates audits for several regulatory areas across finances, transactions, health information, and information security. GDPR : General Data Protection Regulation Effective as of 2018, and passed by the EU in an effort to regulate and protect individuals’ data and privacy. Who may need it? Who may need it?