Recent Articles from Tom Spilman
Act fast for these tax benefits
The end of the year can be a hectic time for businesses, with all energy focused on hitting revenue goals, closing out the current year and planning for the upcoming tax season. However, with long-standing capital equipment tax breaks set to expire on Dec. 31 and IRS equipment depreciation guidelines providing year-end benefits, now is […]
Understanding buy-sell agreements
What happens to your business if you or one of your partners suddenly dies or is disabled? What are your plans for the business when you retire? Or what if you become involved in an unresolvable disagreement with a partner about the future of the business? As the owner of a closely-held business, you can […]
Use credit strategically as the recovery gains strength
The significant tightening of business credit brought by the recession has begun to lift, with a recent analysis of FDIC data by the Investigative Reporting Workshop finding five straight quarters of increasing overall commercial and industrial lending by banks. As the credit squeeze eases with im...