Archive for February 2018
Mortgage Interest Deduction Under the New Tax Cuts and Jobs Act
Since the Tax Reform Act of 1986, the mortgage interest deduction was limited to interest on the first $1,000,000 of acquisition indebtedness. This is debt principal secured by and used to acquire, build, or substantially improve your primary and a designated secondary residence. Additionally, interest on a home equity loan of up to $100,000 was…
Read MoreHow to Keep ‘High Turn Time’ from Hobbling Your Public Housing Authority
No one managing a public housing authority wants units to remain vacant too long, a challenge known as a “high turn time.” Having a high turn time can cause a loss of rent and public housing operating subsidy. And since PHAs have a social mission of providing affordable housing to low-income people, it could also…
Read MoreLeadership Training for Lawyers Reaps Benefits for Firms
In today’s highly competitive legal market, leadership is more required than ever. Partnerships that provide leadership training for lawyers do so because while many managing partners may be considered a “natural-born leader,” they realize that every leader can grow and develop to be as effective as possible. Partnerships with leadership development programs tend to broaden…
Read More5 Things to Know about the Tax Reform Effect on Nonprofits and Universities
The recent federal tax law affects virtually every U.S. individual and business on a level not seen in decades. For charitable organizations, the tax reform effect on nonprofits could be detrimental. The law includes measures that will impact nonprofits, significantly amplifying the need for such organizations to modernize operations. Organizations must re-evaluate their strategic plans to overcome…
Read More‘CEO Tools’ Book Excerpt: Communicate to Build Trust
There’s an old saying: “No news is good news.” But in business, nothing is further from the truth. Lack of frequent, consistent communication erodes trust within an organization. Intermittent, partial or flaky communication fosters distrust. The levels of trust and communication rise and fall together. Building trust through clear communication can be one of your…
Read MoreDisruption Is Finally Reaching the Restaurant Supply Chain
Changing consumer interest, food safety traceablity and competition-worthy LTOs are just a few pressure points disrupting the restaurant supply chain.
Read MoreBuild Manufacturing Sales Strategy Through Sales & Operations Planning
A manufacturing sales strategy often turns out to be a combination of independent plans by the sales and manufacturing teams. But when manufacturing and sales develop strategies to maximize their own parts of the business, both fall short and the business itself can suffer. By using new manufacturing sales models to create a robust sales…
Read MoreHow Can Future Generations Inspire Commercial Development?
Planning commercial developments that will succeed now and in the future means designing projects that can appeal across generations. Generational differences impact where people live, work, shop and play. Every generation has unique characteristics, workstyles and consumer behavior. From Baby Boomers to millennials and the coming Generation Z, here are some key distinctions to remember…
Read MoreHow Airbnb Is Changing Today’s Hotel Business Model
Combined with technology, the sharing economy is impacting today’s hotel business model. Here’s how established industry players are responding.
Read MoreState Taxes That May Go Unnoticed
The majority of states impose an income tax as well as a sales and use tax on businesses, but it’s the more unique taxes that can catch many off guard. These taxes are broadly applicable to most businesses and typically come in the form of a gross receipts tax (or modified gross receipts). Businesses that…
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