In certain situations, the advantages of having kids pitch in with the family business can go further than just busing tables or running errands. There are also tax benefits to putting family members on the payroll.

Less than two years ago, we founded Market Street Partners with a goal of becoming the best Chattanooga accounting firm. Not the biggest, necessarily, but the best. Of course, that’s the “what” we wanted to become, not the “why” we were doing it. So, why did we start Market Street Partners? I’ll tell you.

In years past, qualified tuition programs — aka “529 plans” — operated as tax-free piggy banks to be used for higher education expenses only. The new Tax Cuts and Jobs Act, however, brings those benefits to the K-12 world.

The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. We wanted to keep you up to date.

One of my favorite conversations to have with business leaders that I respect is asking what their favorite books are that they’ve read recently. The answers often vary, but one of the most recent answers particularly struck me because it introduced a new concept of leadership that has rarely been mentioned to me.One of my favorite conversations to have with business leaders that I respect is asking what their favorite books are that they’ve read recently. The answers often vary, but one of the most recent answers particularly struck me because it introduced a new concept of leadership that has rarely been mentioned to me.