• Informative Articles


    Days Are Numbered for Common Estate Planning Technique
    Read this important article contributed by Paula K. Barrett, CPA/ABV, CVA, CGMA, partner and leader of RKL’s Business Consulting Services Group.
    Regulations that would restrict the use of a common estate planning technique are moving through the approval process in Washington, D.C. The U.S. Treasury Department and IRS earlier this month issued proposed regulations regarding a technique used to transfer interests in family businesses at a reduced value. These proposed changes seek to prevent undervaluation of transferred interests, but will result in the elimination of a significant gift and estate tax benefit.


    3 Tricks for Running a Business with Your Spouse without Divorcing or Going Broke
    Mary Camacho
    Fundamentally, if two people don’t already bring out the best in one another when organizing a dinner party or coordinating a family vacation, then they may not really be suited for adding a business partnership into the mix of a romantic relationship


    Banking on a Strong Corporate Governance Process
    Otis W. Baskin, Ph.D.
    Why are banks so fond of boards with independent directors? What is the big deal?


    Building Family Harmony Starts with Living Our Values
    Deb Houden, Ph.D.
    Few changes happen in a vacuum. Imagine you are a successful next-generation family member with great professional success in a related industry.


    Splitting Roles
    Chris Eckrich
    Individuals that take on leadership in multiple roles in this way are to be greatly appreciated, as with multiple leadership roles come multiple responsibilities.


    Creating a Culture of Accountability in Your Family Business
    Mike Fassler
    Accountability is a regular discussion topic with our family business clients. When accountability is alive and well, individuals, the family and the business may share in success.


    Increase Efficiency by Slowing Down
    Amy Schuman
    Reflection prompts people to be more aware of their progress and gives them confidence to accomplish tasks and goals, the researchers say.


    Building Family Harmony Starts with Living Our Values
    Deb Houden, Ph.D.
    What does family harmony mean? It means the ability to trust and support, communicate differences in a constructive manner and look beyond the self (and immediate family) at a broader picture.


    Empowering the Next Generation with the Future
    Craig E. Aronoff, Ph.D. and John L. Ward, Ph.D.
    The decision to turn an enterprise into a family business by bringing one’s children into ownership or management is among the most profound and petrifying that an entrepreneur can make


    Know What Hat You are Wearing
    Previous FBA Guest Speaker, Phil Clemens, Hatfield Quality Meats
    When we began the process of looking in the mirror to see who we were as a company, it became evident that we needed to refocus the company. It was important for us to involve as many as possible in this process.


    Your Entity Type Selection Cheat Sheet
    G. Scott Myers, CPA, CSEP, a Manager in RKL's Tax Services Group
    There are many different ways to set up a business, but understanding which one is the best fit for your entrepreneurial situation can be overwhelming.




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