Selling Your Business

Business ownership has its advantages, such as independence, control, financial rewards, and a certain lifestyle.  However, there may come a time when you want to sell your business. Whether you want to retire, change your lifestyle, start a new business venture, or the market trends indicate that it is the right time to sell, business…

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Property Insurance For Business

Business Property Insurance and Understanding Your Commercial Lease You understand your business, your customers’ needs and how to provide your customers with the most quality service and products. However, understanding the property insurance provisions in your commercial lease is just as important for your business and plays a significant role in protecting your business’ assets…

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Starting A Business In Washington State

Entrepreneurs interested in forming startups in Washington state should be aware of the laws as they pertain to a number of business-related and startup activities. Forming a startup, especially for the first time, is exciting and exhilarating, with just a touch of intimidating to keep things interesting. Transforming a business idea into a business plan…

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COVID and Business Interruption Insurance

Will your insurance cover COVID business interruptions?  There is no clear answer.  In the past few months, two judges, in the federal district court for the Western District of Missouri have reached opposite conclusions on whether the presence of COVID-19 satisfies a business interruption insurance policy requirement that there be a “direct physical loss.”  One…

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Business Expenses and PPP Loan Forgiveness Guidelines

For updated information please see our “” Blog posted on January 12, 2021 Are PPP loan forgiveness expenses deductible? On November 18, 2020, the IRS re-affirmed its position that taxpayers cannot claim a deduction for a business expense (that would normally be deductible) if the expense was paid with Paycheck Protection Program (PPP) funds and the…

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