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Can Merger Termination Fees be Currently Deducted?
It's not unusual for companies involved in an impending merger to agree that a substantial termination fee must be paid to one party if the deal doesn't go forward because the other party calls it off. When this happens, it's often because the party canceling the deal is presented with a more enticing alternative.So what is the proper federal income tax treatment…Read More -
Poor Communication About Pay May Sap Employee Motivation
Almost all employers who responded to a recent poll by WorldatWork* say they have a compensation philosophy. And about two-thirds of those employers say they have committed it to writing. Trouble is, only 27 percent of them believe that the majority of their workers actually understand it. That might not be surprising because a significant number -- 39 percent --…Read More -
Thinking about selling your business? Then be ready!
Someone once said that luck is nothing more than preparation meeting opportunity. When it comes to selling your business, It stands to reason, then, that opportunity meeting neglect, disorganization and a lack of preparation will surely deliver the opposite of luck. We’ve recently had the privilege of working with several companies in various stages of the sale process. One was…Read More -
Firm Proves the Value of Brainstorming
Think brainstorming wastes time? Some people question the value of brainstorming, claiming that face-to-face brainstorming is inefficient compared to coming up with ideas all alone, casting doubt on the value of brainstorming as a problem-solving or idea-generating technique.Tired of those occasional sessions which seem to produce little of benefit? You might want to reconsider, after learning about how one firm…Read More -
Tax Proposals to Watch
This proposed new tax at death on certain appreciated assets, proposed by the Obama administration, would have major effect on family wealth transfers. Most estates with up to $11 million in assets can pass to heirs tax free due to Increases in the estate tax exemption and other statutory improvements enacted in the last two years. Now the administration would…Read More -
A Good Structure for Expanded Business Operations
Are you interested in expanding your existing business operations into new locations? How about starting up entirely new ventures or acquiring existing businesses? An excellent vehicle for these type of operations is a single-member limited liability company (SMLLC). Keep reading to learn more about one good way to structure the new operation. It provides simplicity for tax purposes and protection…Read More -
Why Should Employers Provide Paid Sick Leave?
It's a fair question to ask ... why should employers provide paid sick leave? As noted by President Obama in his recent State of the Union Address, not every employer does. According to the Bureau of Labor Statistics, 73 percent of U.S. employers provide paid sick leave to full-time workers, and 27 percent do so for part-time workers. Here are…Read More -
How Can You Keep Your Valued Employees?
You need to pay a fair wage in order to keep valued employees. How can your business go about doing that? Start by ranking job positions, assigning values to each position in your workplace. Here are three things you should consider. Need help working through HR issues? Connect with our team. Read More -
Sales Pro’s Know ABC…But Do You Know ABR? Always Be Recruiting!
Jay Carpenter, Sales Talent Acquisition FahrenheitHR There’s a reason parents advise their children to use the bathroom before going on a road trip. Even if the need isn’t immediate, it will be at some point. We’ve all been faced with the realization that the next exit isn’t for a few miles. We should take the same precautions in our work environments.…Read More -
The Fahrenheit Group Named One of the 2015 Best Places to Work in Virginia
For Immediate Release
Contact: Rich Reinecke 804.955.4423
Initially founded as Fahrenheit Finance, the company expanded over the last year to now include Fahrenheit Advisors and FahrenheitHR, with offices in Richmond, Reston and Phoenix. Since the beginning, the founders focused on creating a different kind of professional services firm. “We are excited to be recognized as one of the Best Places…Read More -
Boards That Rock
Peter Buchanan, Managing Director
In most growing companies, the Board of Directors approves the strategy and monitors the strategy and operations over time through periodic board meetings, committee meetings related to finance, strategy, and operations, and the delivery of monthly reports by management to the board. This system has worked well for many companies; however, as a growth company CEO,…Read More -
FahrenheitHR Responds to Rapid Growth in Outsourced Services by Adding Consulting & Fractional Resources
For Immediate Release
Contact: Jon Newman 804.788.1414
Richmond, Va., January 12, 2015 – FahrenheitHR, a leading provider of Human Resources Consulting, Fractional HR and Talent Acquisition services, announces today the addition of nine new members to its growing team of HR and Talent Acquisition experts. The hiring comes in response to the high demand for fractional human resources and talent…Read More