by Henry H. Jones, CPA, CVB | Jan 3, 2014 | Tax and Tax Planning
We all want to do the best for our family, and those we care about, after we die. If you’ve invested a lifetime of hard work in setting up and successfully running a family business then you are likely to feel some concern about what will happen to the business...
by Henry H. Jones, CPA, CVB | Dec 31, 2013 | Transition Planning
Developing a family business transition plan is a complex process, and although saving tax is an important consideration, it is not the only one. When you have spent much of your life establishing and successfully running a family business, of course it’s...
by Henry H. Jones, CPA, CVB | Dec 19, 2013 | Family Business
Yesterday we talked about building financial freedom by taking your family business to the next level in 2014. Today we will focus on building personal freedom. So what is personal freedom? It means something different to everybody. For some it’s peace, for some...
by Henry H. Jones, CPA, CVB | Dec 18, 2013 | Family Business
As a new year approaches my thoughts often turn to how I can take my family business to the next level. Financial issues come to mind as we work on our business and family budgets for the new year. I’m sure that many of you do the same. I don’t know if...
by Henry H. Jones, CPA, CVB | Dec 12, 2013 | Family Business, Transition Planning
As accountants, we are often connecting with our business clients on a variety of life and family issues, and how they affect the successful running of that business. The death of a family member affects your business even more, and the problems in dealing with the...
by Henry H. Jones, CPA, CVB | Dec 5, 2013 | Family Business, Transition Planning
Here’s another story for you about children in the family business and passing it on to the future generation – and like all good stories, this one is true. It is the uncle of someone I know, who was a farmer. This man and his brother owned a large and very...
by Henry H. Jones, CPA, CVB | Nov 27, 2013 | Family Business, Tax and Tax Planning
With only months to go before the major impact of the Affordable Care Act is felt, many family businesses are yet to come to terms with the implications of the new health care issues that are addressed. While the aim of the health care reform act is to make health...
by Henry H. Jones, CPA, CVB | Nov 20, 2013 | Tax and Tax Planning
Having an accountant – in our opinion! – is more than simply checking the various financial boxes. You want someone who knows you and your business, and is able to put everything together into one cohesive story. If you only hear from your accountant in...
by Henry H. Jones, CPA, CVB | Nov 12, 2013 | Accounting, Bookkeeping
This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make. To read the others, click here. This bookkeeping mistake is one of those that is either a result of some of the other mistakes – or the cause. First, before we even address how to have...
by Henry H. Jones, CPA, CVB | Nov 4, 2013 | Accounting, Bookkeeping
This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make. To read the others, click here. Running your own business affects your life as a whole – and it especially affects your finances, and your bookkeeping. As a small business owner, it...
