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Do You Have an Exit Plan in Place for Your Business?

Exit planning is something that all business owners will have to face at some point.  Like being the executor of an estate, it is usually thrust upon someone once in their lifetime.  They initially have no knowledge of how to sell, will only learn while doing it, and will likely never use that experience again. …

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Our Favorite Vacation Spots!

Where does Beacon Hill like to vacation? See our staff answers below! Clint: Jenny and I love Maui.  There is a great combination of water sports for me, and chilling on the beach for Jenny.  If traveling with the family then the “Left Coast” of Michigan is our spot. The water is cold but clean, …

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5th Circuit delivers mandate officially killing DOL fiduciary rule

The U.S. Court of Appeals for the Fifth Circuit has formally put an end to the fiduciary rule. The court issued a mandate on June 21 that certifies its decision to vacate the Labor Department’s fiduciary rule. The mandate had been expected on May 7. In issuing the mandate, the court formally puts an end to …

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Understanding Tax Refunds, Tax Deductions and Tax Credits

What is the difference between a tax deduction and a tax credit? Tax deductions and credits are terms often used together when talking about taxes. While you probably know that they can lower your tax liability, you might wonder about the difference between the two. A tax deduction reduces your taxable income, so when you …

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Going Public: An IPO’s Market Debut May Not Live Up to the Hype

An initial public offering (IPO) is the first public sale of stock by a private company. Companies tend to schedule IPOs when investors are feeling good about their financial prospects and are more inclined to take on the risk associated with a new venture. Thus, IPOs tend to reflect broader economic and market trends. And …

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