It may be the start of a new year, but we’re not going to discuss resolutions. Too many bad connotations for great intentions and disappointing results. Or is that just me? Instead, let’s talk about a few financial items to think about as the year commences. Is that similar to resolutions? Yes, but it’s all about branding.... Read More
We all grew up learning knowledge is power. That’s true. Knowledge is at the very center of everything we do for our clients and is the engine driving all of our business processes, allowing us to maximize our value to our clients.... Read More
A famous man quoted the Russian proverb, “Doveryai no Proveryai.” Translated it means trust but verify. Experience has taught me that’s a sound piece of advice for business leaders, too.... Read More
The way we work looks drastically different today than it did three years ago. Many of us spent 2022 adjusting to updated hybrid or fully remote work models as others returned to offices full-time. ... Read More
Noncompete agreements, which are agreements that prohibit an employee from working for a competitor or in the same industry for a specific period of time after the employment relationship ends, have historically been limited to a small group of key employees.... Read More
As a Wealth Advisor, I've reviewed hundreds of client tax returns over the years. Unfortunately, even as tax prep software evolves, several common mistakes prevail and every year I catch a few. So how can you avoid these common (and costly) errors?... Read More
Inflation has hit all Hoosiers hard, and consumers are bracing themselves for rising costs across all industries. Unfortunately, the healthcare industry is no different. Nationwide, employers expect significantly higher healthcare costs and outsized premium increases in 2023.... Read More
In his State of the State address last week, Governor Holcomb hailed an unprecedented economic development hot streak for Indiana – six consecutive years of record-breaking capital commitments, including $22 billion in 2022.... Read More
Recent pay transparency regulations across the United States highlight the value and impact of creating pay scales that define the hourly or annual salary range an employer reasonably expects to offer to pay for a position. Together, various ranges are typically organized to create a formal pay structure that includes grades and integrated ranges of pay that include minimums, midpoints and maximums. ... Read More
Mark Twain’s take on prevarication remains as accurate today as when he penned it: “There are three kinds of lies: lies, damned lies, and statistics.” We live in an age in which we’re overwhelmed by information, and a large share of what we consume is in the form of statistics. ... Read More
Recently we have seen notable changes involving 529 Plans. Those changes relate to naming or changing the account owner and the beneficiary. But now, a 529 plan can help fund Roth IRAs! This means it is more important than ever to understand the impact of titling a 529 Plan. ... Read More
Business trends continue to evolve quickly, especially since COVID-19. In-office and home office needs are now the same in terms of bandwidth, functionality and security. Cyberattacks are on the rise with small businesses becoming just as much a target as large corporations.... Read More
There are a lot of gloomy headlines regarding the economy, and Indiana businesses are watching the skies for signs of an impending storm. Thankfully, a majority of the business owners I’ve talked to say they can survive an economic shock with what I call a “fortress balance sheet.”... Read More
The future is uncertain, but you can ensure your family and loved ones are taken care of with estate planning. Estate planning is a critical component of financial planning for the future. ... Read More
Not-for-profits will typically target businesses first when trying to raise funds for an event or project. That may be advantageous if seeking a major sponsorship. However, I tell groups business donations are not the donations on which they need to depend or be seeking on a long-term basis. ... Read More
In late December of 2022, Congress passed, and President Biden signed the $1.7 trillion omnibus spending bill. One part of the bill is the SECURE 2.0 Act, which expands on the original SECURE Act of 2019 by enhancing many features related to investors. ... Read More
Indiana sits at the crossroads of America, with most domestically manufactured goods traversing the state at some point along the supply chain. The Hoosier State’s central location, good infrastructure, and positive business environment has helped our state become a highly ranked destination for business. This ranking is good news, but it only tells part of Indiana’s story. ... Read More
Dark clouds maybe be looming ahead for the aviation industry in the greater economic sense. It may not be at the top of your mind currently in the bustle of the post-pandemic recovery, but aviation owners and operators should begin preparing now.... Read More
Purdue University basketball legend John Wooden asked the following question: “Why is it so difficult to realize that others are more likely to listen to us if first we listen to them?” His reputation as a leader, both on and off the basketball court, has withstood the test of time. Maybe that is why Sports Illustrated chose him as the greatest coach of the twentieth century.... Read More
This month, the Indiana General Assembly reconvenes for the next legislative session. One issue businesses and individual Hoosiers alike think should be a priority is lowering the cost of health care. ... Read More
