Articles From Lumsden McCormick
Build a Balanced Manufacturing Business Model
Posted by Jonathan Roller on November 08, 2019
Manufacturing 2.0 is enabling companies to operate faster and more efficiently than ever before, but embracing the future doesn't mean you need to throw out everything perceived as “old.”
The Potential Impact of New Appraisal Regs On Charitable Giving
Posted by Cheryl A. Jankowski on November 07, 2019
Do charitable gifts play an important role in your estate plan? If you make or plan to make substantial noncash gifts to charity, you should be aware of how new requirements for appraisals can affect those donations.
How to Reduce the Tax Hit on Soon-to-Be-Developed Land
Posted by Kristin Re’ on November 06, 2019
In many places, real estate prices are soaring. That's good news for owners of undeveloped land in those areas, but if they decide to subdivide and develop highly appreciated property, it could trigger a whopping income tax bill.
BDO Nonprofit Standard | Fall 2019
Posted by Donna Gonser on November 05, 2019
Available through our affiliation with the BDO Alliance, download the fall edition of the Nonprofit Standard.
Higher Compensation Could Help You Attract and Keep Workers
Posted by Douglas Muth on November 01, 2019
If your manufacturing company struggles to recruit and retain quality workers, you're not alone.
It’s Not an Estate Plan Without a Will
Posted by Robert Ingrasci on October 29, 2019
When you hear “estate planning,” you probably think of trusts and other vehicles for minimizing taxes and passing on more wealth to your heirs. However, a will remains the cornerstone of any estate plan.
Fall 2019 Quarterly Insights
Posted by Michael Grimaldi on October 24, 2019
Available through our affiliation with the BDO Alliance, download the fall edition of Quarterly Insights.
Year-End Strategies to Reduce AGI
Posted by Brian Kern on October 23, 2019
Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea.
Attracting Donor-Advised Funds
Posted by Sarah Hopkins on October 22, 2019
The popularity of donor-advised funds (DAFs) has surged in recent years and DAFs increasingly are considered vital to the success of not-for-profit organizations.
New Bankruptcy Relief Coming Soon
Posted by Douglas Muth on October 21, 2019
Is your small business struggling to make ends meet? Some relief may be on the way for distressed business owners. The Small Business Reorganization Act of 2019 will make it faster and less expensive to benefit from a Chapter 11 bankruptcy.