There’s an old saying that two things are certain in life: death and taxes. Just like healthy eating and regular exercise can help you live longer, proactive tax planning can lower how much you pay in federal income taxes. So it’s important to make taxes a forethought, not an afterthought. Here’s why proactive tax planning is important for your long-term financial wellbeing.

The pool of potential buyers for medical practices may be shrinking, so when planning for retirement, you need to be careful arranging for the sale of yours. Here are some of the elements that will help you get the best price for the practice you set up and nurtured.

It’s likely that most of your profit comes from a small concentration of buyers. And most of your sales are generated from 20% of your sales people. It’s called the 80/20 rule, or the Pareto Principle. Here are four of its principles that can help your staff work smarter while boosting your firm’s bottom line. There are also some example of how this effective rule applies to elements of business.

The question we’ll answer in this article is:

What steps should qualified retirement plan sponsors take to protect their plans’ assets and sensitive information from cyberthreats such as hackers and unethical employees?