the recent decision in Connelly v. United States should encourage owners of closely held businesses to take pause and evaluate the unexpected federal estate tax consequences which Key Person Insurance could have for the deceased owner’s next-of-kin.
Connelly v. United States: Closely Held Corporations and Unexpected Estate Taxes Read More »
Set your organization up for long-term success using 10 key economic indicators to track and inform your decisions.
Data to Decode: The Economics of Being a Business Owner Read More »
The American workplace isn’t what it used to be, and the qualities attributed to strong leadership have evolved. While a strong and decisive personality can help you pave the way to move your organization forward, empathy and compassion are now just as important. Team members want an empathetic leader who can be present throughout the
The value of empathy in the workplace Read More »
We are deeply saddened by the passing of our dear friend and co-founder, J. Richard “Dick” Emens. Dick died peacefully at home on June 28 after a lengthy battle with melanoma.
Conway Center Announces Passing of Co-Founder and Chairman, J. Richard “Dick” Emens Read More »
While the Employee Retention Credit (ERC) has been around for a few years, we are just now starting to see IRS audits of these credits begin in earnest. Just because a refund has been paid, it doesn’t mean you’re free and clear.
How to Prepare for an Audit of Your Employee Retention Credit (ERC) Read More »
You’ve made a significant investment by purchasing, constructing, or upgrading property, but you may be overlooking a smart tax strategy. It’s a given that you want to increase your cash flow and reduce your taxes. A cost segregation study can help you do that by depreciating real property over much shorter periods of time than
What is Cost Segregation? Read More »
Family businesses are finding Entrepreneurial Operating System, or EOS, an incredibly useful approach that is flexible enough to evolve with their changing circumstances. If your family business is currently running EOS and you are an EOS Integrator or the equivalent on the leadership team, join our EOS Integrator Peer Group. Held quarterly, these facilitated sessions
EOS® and Family Business Read More »
At Conway Center for Family Business, we always tell our members that it’s never too early to think about family business succession planning. Too late, for sure. But too early, never! With that in mind, where are you in your family business succession planning journey? These guidelines might help you to start thinking about how
Family Business Succession Planning 101 Read More »
The Conway Center for Family Business is celebrating 25 years in 2023! Please enjoy this first-in-a-series of blog posts chronicling the history and mission of the Conway over the years. Today we start with…THE BEGINNING: The Conway Center for Family Business (originally know Family Business Center of Central Ohio or FBC) exists because of a
Celebrating 25 Years! Read More »
Is family business booming? central ohio leaders are satisfied with their mid-year performance The 11th Annual Family Business Forecast survey, conducted by the Conway Center for Family Business, revealed that 9 out of 10 Central Ohio family business leaders are satisfied with the current state of their family business at the midway point of 2022.
2022 Family Business Forecast Read More »
