A delicate wine, your favorite bourbon, every craft beer imaginable, gourmet cheeses and other delicacies scintillate your taste buds! All of these, and more, are found at one of our newest clients, Cork ‘n Bottle. Cork ‘n Bottle has operated since 1964 when G. Gordon Hue, the proprietor of the Goodtimers Café in Latonia, made …
May
17
QUALIFIED PERSONAL RESIDENCE TRUSTS: A VALUABLE ESTATE PLANNING TECHNIQUE
The combination of a depressed housing market and low interest rates is an ideal situation for the use of a Qualified Personal Residence Trust (QPRT.) The QPRT has long been used as an estate planning technique but is particularly valuable now as an estate planning tool. The QPRT is an irrevocable trust that can be …
May
26
Deferral Rates Give Biggest Boost to Employee Retirement
Are you doing everything you can to increase your employees’ deferral rates in their 401(k) plans? Convincing your employees to save a higher percentage of their income is the single most important step you can take to help them prepare for retirement. Deferral rates more powerful than performance and asset allocation! Higher deferral rates made …
May
26
Buying vs. Leasing Your Building
There comes a time in the life cycle of a business when the business owner confronts the question: should I continue to lease or is it time to buy? This is an interesting question because it encompasses many aspects of business: interest rates, growth potential, financial stability and even depth of management (more on that …
May
04
Bad Girl Ventures Inaugural Class A Success!!
By: Emily J. Godman, CPA, Candace Klein, an attorney with Graydon, Head & Ritchie, founded the nonprofit organization Bad Girl Ventures (BGV) in March 2010. BGV is a micro lending organization that assists women owned start up companies. The organization offers a group of finalists the opportunity to complete a six-week program that assists them …
May
04
Burke & Schindler: Business 360
Most start-up businesses are little more than an “incorporated job”; a vehicle for the owners to earn a market-rate salary with the hope of future growth. Once a business can pay the owners a market-rate salary and have significant profits remaining, it is an asset. This marks the time when entrepreneurs must begin working on …
Apr
29
Dave Hampton Named a Five Star Wealth Manager by Cincinnati Magazine!!
David J. Hampton C.P.A., a tax manager at Burke & Schindler, has been included on the prestigious list of 2010 Five Star Wealth Managers! The list is published annually in the October issue of Cincinnati Magazine. Less than 7% of wealth managers are included on this list, so it is truly an honor to have …
Apr
27
One Size Fits All
For those of you who have worked with recruiters the term “Fee Schedule” is understood. In fact, if the recruiter doesn’t broach the subject first, it will probably be one of your first question, or at least near the top of the questions tree: “How much will your services cost me?” I should hasten to …
Apr
26
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