Category: News

Coradorables today announced it has been named a 2024 America’s Retail Champion by the National Retail Federation. Now in its seventh year, the program honors small retailers from across the country who speak out on public policy debates affecting the retail industry at the national, state, and local levels. “I am honored to be recognized,” says the brand’s owner Cora Spearman. “Speaking up and out when it comes to issues that affect small businesses like mine is important to me, but I am especially passionate about driving conversations about public policy issues that can help all businesses here in Hawaii.”

Lee Knoll discusses the importance of choosing the right business structure   Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-business-structure/  Business structure is a crucial aspect of any business, as discussed with Lee Knoll, encompassing various entities such as corporations, LLCs, partnerships, and sole proprietorships. Each type of business structure offers different benefits and implications for the business owner.   Corporations: Corporations provide limited liability protection to their owners, meaning that the personal assets of the owners are typically shielded from business debts and liabilities. However, corporations are subject…

Jeff Altman discusses financial strategies for every stage of life Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-jeff-altman-founder-of-altman-advisory-group-accumulation-phase-of-life-vs-distribution/  Jeff Altman discussed the accumulation phase of life, where individuals build assets through risks and efforts over many years. This phase spans a significant portion of one’s life, during which individuals work, invest, and save to accumulate wealth for the future. Jeff noted that many of his clients are conservative individuals who have taken risks and made efforts to build a nest egg over time. These individuals engage in…

Lee Knoll discusses leveraging technology for easy tax and accounting solutions Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-lee-knoll-managing-partner-of-knoll-company-next-generation-cpa-firm-discussing-simplifying-tax-and-accounting/ Client portals, e-signatures, and document management apps are essential tools that can significantly enhance communication, security, and efficiency in handling tax and accounting needs. Lee Knoll emphasized the importance of leveraging technology to simplify tax and accounting processes.  Client portals, such as the one used by Knoll, allow clients to securely upload documents, receive tax returns and financials, and communicate with their accountants. This centralized platform ensures that…

James Lavorgna discusses strategies for tax mitigation James A. Lavorgna has published a compelling new article focusing on charitable tax strategies to mitigate taxes. His expert analysis highlights two favored approaches: the reversionary charitable lead trust and the charitable bargain sale. The article provides real-life examples demonstrating how these strategies can be effectively used for tax planning and wealth management. Tax Mitigation Using a Reversionary Charitable Lead Trust When individuals with substantial retirement accounts consider converting traditional IRAs to Roth IRAs, they often face significant tax liabilities. James A. Lavorgna…