Valuing Profits Interests in LLCs

The use of so-called “profits interest” awards as a tool to attract and retain skilled workers has increased, as more companies are being structured as limited liability companies (LLCs), rather than as corporations. But accounting complexity has caused some private [...]

By |2019-11-04T15:01:30-05:00November 4th, 2019|Categories: Blog, Tax|Tags: , , |0 Comments

How do Profits and Cash Flow Differ?

Business owners sometimes mistakenly equate profits with cash flow. Here’s how this can lead to surprises when managing day-to-day operations — and why many profitable companies experience cash shortages. Working capital Profits are closely related to taxable income. Reported [...]

By |2019-03-11T19:57:59-05:00January 14th, 2019|Categories: Blog, Small Business Services, Tax|Tags: , , , |0 Comments