Insights

Executor Selection: Avoid Problems by Choosing Carefully

Choosing the right executor — sometimes known as a “personal representative” — is critical to the...

An implementation plan is key to making strategic goals a reality

In the broadest sense, strategic planning comprises two primary tasks: establishing goals and...

Comparing internal and external audits

Businesses use two types of audits to gauge financial results: internal and external. Here’s a...

Evaluating your audit committee

Under the Sarbanes-Oxley Act, the audit committee — not management or the full board of directors —...

When are LLC members subject to self-employment tax?

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income...

How to Properly Fund Your Revocable Trust

If your estate plan includes a revocable trust — also known as a “living” trust — it’s critical to...

ASC 606: Accounting Standard Implemented by Baldwin CPAs

For 2019, there is a new accounting standard (ASC 606) that Baldwin will be implementing that...

The simple truth about annual performance reviews

There are many ways for employers to conduct annual performance reviews. So many, in fact, that...

Leasing vs. Buying: Tax-Efficient Equipment Strategies

Recent changes to federal tax law and accounting rules could affect whether you decide to lease or...

Make health care decisions while you’re healthy

Estate planning isn’t just about what happens to your assets after you die. It’s also about...