At Machen McChesney we are committed to Returning Value to you through our monthly e-newsletter, The Value Report.
Here you'll find regular tips to help with your business and personal finances, as well as strategies to grow and more efficiently run your organization.
Table of Content
- Five Ways to Improve Business Budgets
- What Every Trustee Should Know: The 65 Day Rule
- Did You Know?...
- Tax Deductions on the Move
- How to Use the Safe Harbor Election for Capital Expenditures
- What's New at Machen McChesney
Five Ways to Improve Business Budgets
Strategic planning for the coming year
Do you know where your business budget is?
This is the traditional time to draw up a budget for the coming year. Perhaps the way you previously developed the budget for your business has not been overly successful. Or maybe you have found as the year goes along that certain key factors were ignored or not given enough weight. In that case, the way you usually put together the budget may not be the best approach for your business. Continue reading.
What Every Trustee Should Know: The 65 Day Rule
Did You Know? ...
Machen McChesney has been assisting executors and trustees in managing administrative duties for over 60 years. We understand that leaving an estate or trust to chance can result in significant tax consequences or even frozen assets. The complexity of it all is very confusing, which is why we can work together to help you achieve the future you seek for yourself and your family.
Machen McChesney introduces the estate and trust tax services group. With a combined experience of 83 years, this group is dedicated to providing this specialized service to individuals and their families. Contact us today.
Tax Deductions on the Move
Are you planning a move in the near future? Be aware of special tax rules for deducting moving expenses on your personal tax return. In some cases, moving expenses are fully or partially deductible, while other times they are not. Continue reading.
How to Use the Safe Harbor Election for Capital Expenditures
Does your manufacturing company plan to purchase equipment or machinery early in 2017? If so, it is worth considering the timing of when you purchase that equipment for the best tax savings. It all has to do with something called the de minimis safe harbor election. Continue reading.
What's New at Machen McChesney?
Sponsorships, new hires, announcements
Continue reading.
We hope you found value in The Value Report you've received this month. We look forward to finding even more ways to Return Value to you in the future.
Please feel free to
visit our website or
visit our blog at any time during the month to interact with additional valuable resources and helpful information.
If you have any questions on the topics above, please feel free to
send us a message.
Thanks,
Machen McChesney