spdouglas.com RSS Feed https://spdouglas.com/ Take a look at our recent blog posts and client newsletter articles. en-us Sun, 01 Jun 2025 09:00:00 +0000 Sun, 01 Jun 2025 09:00:00 +0000 What's Your Business Exit Strategy? https://www.spdouglas.com/newsletter.php#2 Ever since you became a business owner, you’ve focused on growing revenue, managing expenses and leveraging tax advantages. But don’t overlook a critical element of your long-term financial well-being, that is, a business exit strategy. Ideally, your exit strategy will help you meet your retirement and estate planning goals. Sun, 01 Jun 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#2 Invest in Your Kids' or Grandkids' Future with Help from the Tax Code https://www.spdouglas.com/newsletter.php#3 If you’re thinking about helping a child or grandchild pay for school, you’re not alone, and you’re not without help. While families have always saved for education, Section 529 plans have made it easier and more tax-efficient. Sun, 01 Jun 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#3 Choosing the Optimal Accounting Method for Tax Savings https://www.spdouglas.com/newsletter.php#1 The accounting method your business uses to report income for tax purposes, either cash or accrual, can significantly impact your tax bill. While the cash method can offer tax-saving opportunities, the accrual method may in some cases be more appropriate or even required. So review your current method to help ensure you’re using the best method for your business. Sun, 01 Jun 2025 09:00:00 +0000 https://www.spdouglas.com/newsletter.php#1