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Eckhoff Accounting News & Resources

Getting Ahead of the Curve on Emerging Technologies

Getting Ahead of the Curve on Emerging Technologies


Turn on your computer or mobile device, scroll through Facebook or Twitter, or skim a business-oriented website, and you’ll likely come across the term “emerging technologies.” It has become so ubiquitous that you might be tempted to ignore it and move on to something else.

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Year-End Tax and Financial To-Do List for Individuals

Year-End Tax and Financial To-Do List for Individuals


With the dawn of 2019 on the near horizon, here’s a quick list of tax and financial to-dos you should address before 2018 ends:

checkbox  Check your FSA balance. If you have a Flexible Spending Account (FSA) for health care expenses, you need to incur qualifying expenses by December 31 to use up these funds or you’ll potentially lose them.

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Family Businesses Need Succession Plans, Too

Family Businesses Need Succession Plans, Too


Those who run family-owned businesses often underestimate the need for a succession plan. After all, they say, we’re a family business — there will always be a family member here to keep the company going and no one will stand in the way.

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Devote Some Time to Internal Leadership Development

Devote Some Time to Internal Leadership Development


Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service, and manage your inventory or supply chain. But there’s at least one other success factor that many business owners often overlook: internal leadership training and development.

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Does Prepaying Property Taxes Make Sense Anymore?

Does Prepaying Property Taxes Make Sense Anymore?


Prepaying property taxes related to the current year but due the following year has long been one of the most popular and effective year-end tax-planning strategies. But does it still make sense in 2018?

The answer, for some people, is yes — accelerating this expense will increase their itemized deductions, reducing their tax bills.

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