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Why Do Family Businesses Fail at Succession Planning?
Reading Time: 2 minutes A majority of family-owned businesses fail to transition because of lack of communication and trust. This can be avoided with proper succession planning and help …
Read moreWhy Do Family Businesses Fail at Succession Planning?
Proper Recognition of Loan Origination Fees and Costs
Reading Time: 2 minutes The practice of many banks is to immediately recognize loan origination fees and costs directly to income and expense at the time of loan origination. …
Read moreProper Recognition of Loan Origination Fees and Costs
Feeling charitable? Use a charitable remainder trust to gift commodities or equipment
Reading Time: 2 minutes If you are charitably inclined, thinking about selling your crops, livestock, equipment or retiring from farming altogether and interested in deferring the income tax on …
Read moreFeeling charitable? Use a charitable remainder trust to gift commodities or equipment
