June 2014

  • Handling Rapid Business Growth

    Jun 12, 2014

    “While the first thing that comes to mind when a business closes its doors is that they didn’t have the customers to generate enough revenue to survive, there is another edge to the sword,” says Fairbrother. “Failure can also occur when a business grows too fast and the company can’t handle it.

  • When the Mayor is an Entrepreneur

    Jun 12, 2014

    Gary Gygi is president of Gygi Capital Management, an investment advisory firm in Cedar Hills, Utah that he founded in 2003. The company caters to high net worth individuals, corporations and institutions. He has been managing money since 1989 and before starting his company he spent 15 years as an investment advisor and management executive for Morgan Stanley. He is also the mayor of Cedar Hills and has been a NASE member since 2003.

  • Ask The Experts: Determining Reasonable Salaries

    Jun 11, 2014

    Q: My wife and I own a limited liability corporation. We just elected to be treated as an s corporation. We are trying to determine salary levels, and I read something about how the owner’s salary must be greater than employee’s for s corporations to minimize the chance of an IRS audit. What criteria should we use to establish our salaries.

  • District of Columbia Implements 1 Percent Tax on all Health Care Carriers

    Jun 11, 2014

    In early May 2014, the District of Columbia (DC) City Council unanimously supported PR20-0744 — Health Benefit Exchange Authority Financial Sustainability Emergency Declaration Resolution of 2014, enacting a 1 percent tax on all health-insurance carriers with gross receipts of $50,000 or more within the District of Columbia.