S E R V I C E S

Business Succession Planning

For business owners nearing retirement, succession planning can’t be ignored.

At BSB, we help you identify the most effective way to organize the transfer from a personal as well as a business standpoint. There is no “one size fits all” when it comes to developing a succession plan for your business. We are here to help you with a process that makes the most sense for your needs.  

WE ASSIST IN EVAUATING:
  • Value of the business
  • Talents of the future leadership
  • Timing of any changes
  • Buyout of current owners

Companies Must Prepare Now to Get Ahead of the SEC’s New Cybersecurity Rules

| ASSURANCE | No Comments
The Securities and Exchange Commission’s (SEC) finalized cybersecurity rules expand public companies’ cyber risk management and disclosure responsibilities. A host of new requirements not only mandate timely disclosure of material…

Understanding the Impact of Workforce Reductions on 401(k) Plans

| EMPLOYEE BENEFIT PLANS | No Comments
Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of the most sought-after employee benefits — can…

Revisiting Eligibility for Small Business Taxpayer Exemptions

| TAX | No Comments
“An exemption from UNICAP? And no limitation on the amount of business interest expense I can deduct? Sign me up!” Many taxpayers (and their tax return preparers) have eagerly embraced…

Complying with SECURE Act Changes to Long-Term Part-Time Employee Eligibility and IRS Form 5500

| TAX | No Comments
Two significant regulatory changes to retirement plans require immediate attention from plan sponsors, both to ensure current operational compliance and to comply with upcoming deadlines. Many long-term, part-time (LTPT) employees…