By Jordan L. Donaldson on Wednesday, October 5th, 2011
A survey of over 140 North American CEOs revealed that nearly half of their companies do not have a business succession plan:
While 69% of respondents think that a CEO successor needs to be “ready now” to step into the shoes of the departing CEO, only 54% are grooming an executive for this position.
Part of the reason seems to be that corporate boards of directors swing toward hiring the next “big star” to take over. That may work for big ...
Continue Reading →By Jordan L. Donaldson on Tuesday, October 11th, 2011
As the recession grows in size and scope, cancellation of debt income and insolvency tax issues have been important planning considerations. However, not to be left in the shadow of these major issues is the government’s commencement of efforts to enforce and improve compliance in the area of employment taxes.
The IRS has commenced a major initiative of enforcement with regards to employment taxes, including hiring on new agents specifically tasked with employment tax enforcement. Why? Simply because ...
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