PSK ClientLine Newsletter

www.pskcpa.com

September 2024

Financial Tasks for September

With the new year just around the corner, now is a good time to review some of the key tax moves you should make before 2025.

Using AI to Add Value

Incorporating artificial intelligence (AI) for your small business may be a way to help you and your employees get through the workday more efficiently and add value to your business.

Time for a Family Limited Partnership

A Family Limited Partnership (FLP) is a classic technique to shift income and wealth to future generations. With an FLP, family members pool money to run a business project. Each family member can buy shares for a potential profit.

September 2024 Client Profile

Marcus is a self-employed personal trainer at a local gym. Like other service providers who operate on an appointment schedule, he’s noticed increased no-shows and is considering implementing a no-show fee. His research on the effectiveness and potential client resistance to these fees provided helpful information.

What Standard Homeowners Insurance May Not Cover

Whether you’re a soon-to-be or long-time homeowner, don’t be caught off guard in a disaster by your homeowners’ policy because you don’t know what damages and thefts it does and doesn’t cover.

More Than Inflation Can Impact Your Investments

There's also disinflation, no-inflation, deflation, and stagflation.

September 2024 Q and A

Let's talk about different investing approachings between spouses.

Happy Employees Are Productive

The general business consensus is that happy employees are more productive. So, are most of today's employees satisfied with their employment? A Conference Board study conducted in late 2023 seems to give a resounding "yes."

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