Successful Succession Planning Strategies

(Published in Construction Accounting and Taxation, May/June 2017 issue)
As 70 million baby boomers reach retirement age, it is estimated that 12 million privately owned businesses will sell or bequeath assets worth $10 trillion over the next two decades.1 Proper succession planning is just as crucial for the boomers’ employees as it is for the exiting business owners. Our firm has seen a steadily growing number of contractor clients enter into business transactions over the past two years, and there are many more working on plans for that day. Continue reading “Successful Succession Planning Strategies”

Summer Office Hours Begin May 26th

Harding, Shymanski & Company, P.S.C. Offices will close at Noon local time on Fridays starting May 26th and continuing through the Labor Day holiday. 

“Our employees work hard year-round and especially during the busy season,” said Trudy Stock, CEO & President of the firm. “We offer this alternative schedule for staff in acknowledgement of the team’s commitment to serving our clients.”

Regular office hours of 8:00 a.m. to 5:00 p.m. will resume on Tuesday, September 5th.

Sailboats at Sunset near St. Joseph, Michigan.

Nominate Now for Louisville’s Fast 50 Awards

Nominations are now being accepted for Louisville Business First’s 2017 Fast 50 Awards. The Fast 50 Awards programLouisville Business First's Fast 50 Logo recognizes privately-held companies in the Greater Louisville area that have experienced significant growth in revenue. Nominations can be submitted online until May 26th, and winners will be announced in October. Harding, Shymanski & Company, P.S.C. is proud to sponsor the awards that recognize some of the most dynamic companies in the Greater Louisville area.

Special Report: Administration’s 2017 Tax Reform Outline

The White House released President Trump’s “2017 Tax Reform for Economic Growth and American Jobs” last week. The outline calls for dramatic tax cuts and simplifications, including: lower individual tax rates under a three-bracket structure, doubling the standard deduction, and more than halving the corporate tax rate; along with changing the tax treatment of pass-throughs, expanding child and dependent incentives, and more.

Continue reading “Special Report: Administration’s 2017 Tax Reform Outline”