Everybody knows that it’s uniquely challenging to start a business. And, even though two-thirds of Americans dream of beginning a new business, relatively few actually will. What’s more, many that do will fail. That reality naturally produces a fear of failure that can cloud our thinking in the early days of a startup, causing many entrepreneurs to focus too narrowly on immediate success. In some ways, this is because starting a business requires a level of grit that is inherently shortsighted. However, most major corporations and all successful SMBs launched as a startup, and one of their differentiating features is their ability to make decisions in the beginning that prepare them for long-term success.
Marcum LLP today released its 2019 Year-End Tax Guide. The 54-page annual review discusses the first tax filing year under the Tax Cuts & Jobs Act of 2017 (TCJA). The report highlights 15 aspects of tax reform and its impact on individual and business taxpayers.
Many companies have adopted digital technology to transform their business. But the transition can be a challenging process, and studies show that digital transformation projects often fail to reach company expectations. This happens for a variety of reasons, says J. Eduardo Campos, co-founder with his wife, Erica, of Embedded-Knowledge Inc. (www.embedded-knowledge.com) and co-author with her of From Problem Solving to Solution Design: Turning Ideas into Actions.
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