A captive insurance company is an entity created and wholly owned by one or more non-insurance companies to insure the risks of its owner, or owners. Captive insurance companies can be leveraged to provide small to medium-sized businesses with an option to better serve the insurance needs of their companies.
Sales and use tax is an extremely complex field that is evolving every day, especially in the area of electronic information and cloud computing. Michigan law currently states that downloaded, custom software, which is a program or website specifically designed for your company, is exempt from sales tax, while downloaded,
In June, the Department of Labor (DOL) proposed revised regulations which affect the Fair Labor Standards Act’s “white collar” overtime exemptions. The proposed regulations increase the salary threshold needed to qualify for overtime exemption from $455/week ($23,600 per year) to $970/week ($50,440 per year). Any business that employs workers with
Kentucky Corporate Income Tax – KY Business Investment Program Any business entity engaged in manufacturing, agribusiness, nonretail service or regional/national headquarters is eligible for the program. Kentucky counties are designated “enhanced incentive” eligible by meeting at least one of the three following criteria: counties with an average annual unemployment rate
In today’s environment, companies of all sizes face a myriad of risks and threats. More and more, the most pressing risks that companies face are related to technology. To protect against these risks, management is relying more heavily on the internal audit function to ensure the risks are identified and
On Wednesday, September 16, 2015 the 18th Annual Wholesale/Distribution seminar took place at Xavier University. Dr. Albert D. Bates, our featured guest, presented to clients by breaking down the profit barriers in distribution, with the overall theme of “The Real Profit Drivers.” Bates is the founder and Chief Sophist