Employers offering or considering leave-sharing programs related to the conflict in Ukraine should read up on recent IRS guidance about tax relief.

Every business needs to regularly engage in productive strategic planning. But that’s easier said than done. Let’s take a step back and simplify.

Transferring a family business to the next generation requires a delicate balancing act.

Some employers might consider excluding part-time employees from eligibility for their 401(k) plans. Suffice to say, this isn’t a decision to take lightly.

If your business has more than one owner, a buy-sell agreement is strongly recommended. Here’s why and how they work.

Normally, the last-in, first-out (LIFO) accounting method is an effective way to defer taxes. But beware: Retailers and other businesses that use this method could be hit with an unexpected tax bill if their inventory shrinks significantly due to supply chain issues.

A charitable lead trust provides a regular income stream to one or more charities during the trust term, after which the remaining assets pass to your heirs or other noncharitable beneficiaries.

Employers: Two prominent federal agencies recently issued a major warning about using artificial intelligence in hiring and performance management.