Is EBITDA The Same As Cash Flow?

EBITDA is often used and confused as a proxy for operating cash flow but there are two reasons EBITDA does not equal cash flow. But first understand that EBITDA is used throughout the business community from valuation multiples to covenants in credit agreements.  It is the standard metric in the business world when discussing the
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How Does the 3.8% NII Surtax Work?

Figuring out tax liability on 2014 returns As the time for filing 2014 tax returns approaches, some taxpayers are still struggling with the rules for the 3.8% surtax on net investment income (NII). The tax law provision authorizing this surtax, which went into effect in 2013, was included in the Patient Protection and Affordable Care
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Searching for Miscellaneous Expense Deductions

Tax breaks that can fall through the cracks As the start of another tax filing season dawns, you may be looking to increase the itemized deductions you can use to offset highly taxed ordinary income. What about those random expenses that often seem to fall through the cracks? If you qualify, you may be able
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Seven Top Employment Issues in 2015

New developments in the business sector Businesses both large and small face numerous challenges these days, ranging from technology to tax considerations to exposure to litigation over employment laws. What are the main issues in 2015? Here are seven likely to grab your attention: 1. Health care law. Most provisions of the controversial Patient Protection
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Business Valuation – A Blueprint for Growth

Tis the season for reviewing last year’s financial results and budgeting for this year.  What is a main goal for closely-held business owners in analyzing historical results and predicting future outcomes: assessing progress and growth. What can you focus on to increase the value of your business?  A business valuation can be a blueprint for
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Big Benefits Through 401(k) Accounts

Advantages of tax-sheltered deferrals No matter what the size of your company, employees may enjoy the benefits of participating in a 401(k) plan. One of the most popular retirement plans around, a 401(k) is a proven way to save money for your golden years. Just consider the following features: Tax deferrals: No current tax is
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