Confronting the Great Resignation: How technology can help retain and attract practice staff
As businesses continue adapting to the COVID-19 pandemic, many professionals have been questioning their career choices and priorities. This movement, known as the Great Resignation, shows no signs of slowing down. The Bureau of Labor Statistics reported that 4.5 million Americans quit their jobs in November 2021, surpassing the previous record of 4.3 million departures, which […]
Uncovering the secrets to success in physician private practice
Kathleen Blake, MD, MPH, a senior adviser to the AMA on practice sustainability, discussed the results of an AMA-sponsored study that probes the ups and downs among high-performing, physician-owned private practices during an episode of “AMA Moving Medicine.” Although there are fewer physician private practices around now than a decade ago, 49.1% of doctors either own or are […]
5 Technology Investments Commercial Real Estate Owners Should Make
The Covid-19 pandemic has changed the way commercial real estate owners and operators do business. Tenants demand the same level of amenities as before but with maximum lease flexibility executed through contactless remote technology. Gone are the days of physical space showings, paper checks and handshakes. Today’s commercial landscape is filled with smart technology, paperless […]
Why Large Pension Funds Are Investing In Private Real Estate
Real estate agents and investors across the country, from California to Florida, have noticed an uptick in offers submitted by institutional investors (paywall). Large pension funds are competing with investors and homeowners to buy everything: single-family homes, multifamily, commercial spaces — few asset classes are exempt. These deep pockets cannot resist the action, and for good reason. […]
Deciding Between a Multifamily or Single-Family Investment? There’s an Unlikely Winner.
When starting their real-estate investing career, most investors initially think about buying a single-family property (whether that’s one home or condo) and renting it out. Most people gravitate towards that because it is conceptually more straightforward. After all, people usually have some level of experience buying and selling property (or, at least, they know someone […]
Leaving a Legacy: why everyone needs an estate plan
Everence financial planner Jamie Detweiler recalls his first kitchen table conversation with a couple who wanted to plan for the inevitable. The husband asked for help reviewing and organizing financial documents and ensuring his wife would have a comfortable income when he was gone. A trust and estate specialist, Detweiler spent the next five years […]
A Key to Facility Security
Do you give out keys to employees or vendors? Do you have a policy for issuing and recovering keys? Do you have a secure place for storing keys? Many employers think they know exactly who has keys to their facility and where those keys are. But, if you don’t have patented key control at your […]
3 tips for increasing safety in manufacturing facilities
Safety is a significant concern in manufacturing facilities and warehousing. According to the United States Bureau of Labor Statistics, there were 4,764 fatal workplace injuries in the U.S. in 2020. This industry requires workers to take part in high-risk activities such as welding, soldering, heavy lifting, raw material assembly, and metal cutting. In addition, hazards like […]
Prudent technology upgrades call for some soul searching
Strange as it may sound, business technology upgrades demand a bit of soul searching. That is, before spending the money, dig deep for insights about what your company really needs and whether end users will appreciate your efforts. Gather your leadership team and ask questions such as “What are the specific functionalities that we need?” and “Are we looking at hardware, software or both?” Consider surveying employees and/or customers as well. When you’ve settled on an upgrade, create a “hot list” of vendors most likely to provide optimal service, adequate training and good customer support. For help estimating the costs and projecting the financial impact of a tech upgrade, contact us.
Married couples filing separate tax returns: Why would they do it?
If you’re married, you may wonder if you should file joint or separate tax returns. It depends on your individual tax situation. In general, you should use the filing status that results in the lowest tax. But keep in mind that, if you and your spouse file a joint return, each of you is “jointly and severally” liable for tax on your combined income (as well as any additional tax the IRS assesses, plus interest and most penalties). Therefore, the IRS can come after either of you for the full amount. In most cases, joint filing offers more tax savings but some people can save by filing separately. We can look at both options. Contact us to prepare your tax return or if you have questions.
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