Squires & Lee PLLC

09/10/2026

09/09/2026

When a business is acquired, its customers don’t always transfer their loyalty to the buyer. Among other things, customers may worry about future pricing, quality and service. So if your business is anticipating an acquisition, plan how you’ll protect new customer relationships. Prioritize them based on factors such as their associated revenue, growth potential and strategic importance. Then communicate what will change and how those changes will benefit customers. To support continuity, offer retention incentives to the acquired company’s key employees. Contact us for help crunching customer numbers and identifying risks.

09/04/2026

Reminder... Squires & Lee will be closed Monday, September 7th, in observance of Labor Day. We will resume normal business hours on Tuesday, September 8th.

09/04/2026

Offering severance can help employers manage difficult workforce transitions. But if you’re considering it for your organization, be sure to account for the total financial impact beyond the payment itself. Severance generally constitutes taxable wages subject to withholding and employment taxes. Meanwhile, accrued paid leave, continuation of benefits and professional fees may add to the total cost of an employee’s departure. Payment timing can also affect your cash flow. And because state laws govern how severance may affect unemployment benefits, don’t assume it will prevent a claim. Contact us to evaluate all the tax and financial implications.

09/02/2026

Our office will be closed Monday, September 7th, in observance of Labor Day. We will resume normal business hours on Tuesday, September 8th.

09/02/2026

Robust sales don’t always translate into strong profits. A popular product could produce disappointing returns when you account for discounts, shipping, returns and support costs. At the same time, a lower-volume product could quietly generate an attractive profit margin. Product-level analysis can show where you’re generating the most profit. No single measurement will provide all the answers, but gross margin and contribution margin are critical. You should also evaluate product profitability by sales channel and customer segment. Contact us for help developing a practical approach to turning product data into profitable decisions.

09/01/2026

Could your traditional 401(k) or IRA balance be too large? Maybe!

Contributing as much as you can to tax-deferred retirement accounts can be a good idea. Contributions are pretax or deductible, and tax-deferred compounding can turbocharge growth.

But sometimes maximizing tax deferral is counterproductive. This may be true if tax rates increase by the time you pay tax on distributions. Also, retirement plan distributions are taxed at your ordinary-income rate, not your long-term capital gains rate. So you may pay a higher tax rate on dividends and growth than you would if you held the investments in a taxable account.

Fortunately, there are strategies that can help. Contact us to learn more.

08/28/2026

Employees may occasionally need to take medical leave, creating a difficult situation for both the individual and organization. A formal return-to-work program can help you support these workers while mitigating the operational and financial impact. Such programs take a systematic, thoughtful approach to communicating with employees on leave and easing their transitions back to work. Best practices include starting early, designating a clear contact, and establishing a consistent approach for evaluating work-related restrictions and potential adjustments in line with federal and state laws. We can help you explore the financial impact of implementing a return-to-work program.