This WSJ article describes the potential fallout to nonprofit organizations from projected changes in tax rates. If personal income tax rates are going to increase, then, as the article states, it make sense to defer donations until the years when the value of the tax deduction is increased. (To the donor, that return is all…
Read MoreOur first principle to convert from military to mainstream business usage is Mass. Here’s the original: Mass – Concentrate combat power at the decisive place and time What mass means from the military perspective is that you bring together whatever forces are necessary to achieve a desired result. An example would be moving forces from…
Read MoreToday is a day I treat much like Memorial Day, with the difference that I’m not uncomfortable about receiving greetings today. (Memorial Day is for fallen servicemembers; I’m not in that category nor have I been in harm’s way. Many others have; think of them today.
Read MoreA colleague recently asked us about finance and money tips for small businesses. Since we spend a huge amount of time analyzing very large companies from the perspective of the equity markets, it might seem that the lessons we teach those companies would not translate well. The truth is the complete opposite. From a traditional…
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