Ever wonder what is Key Person/Key Man (as it is sometimes called) insurance and why lenders often require it? Essentially key insurance is a life insurance policy on the key person involved in the business, in most cases it is the business owner. If you the...
The U.S. Department of Labor on Thursday published a final rule that assists states in creating individual retirement account (IRA) programs for workers without access to such workplace perks and Connecticut is pleased to see it, the state’s comptroller said....
You’ve worked hard to build your business and now it’s growing—you have more employees and more customers. That also means you likely have a growing tax burden and more legal risk. Have you planned accordingly for the structure of your business? The right business...
Irwin Myers is a prime example of how a hobby can turn into a business. In fact, he started his video production, Video One Productions by accident. Going from comedic videos to professional recordings, Mr. Myers quickly realized he was comfortable behind the camera,...
