McNellis Insurance

03/22/2022

U.S. Issues New Safety Rule Governing Driverless Vehicles

The Biden Administration has issued a final rule intended to ensure safety of occupants in automated vehicles. This rule updates the current Federal Motor

03/16/2022

2022 Changes to Popular Tax Deductions

For 2021 returns, the standard deduction is $12,550 for single filers and $25,100 for joint filers. Consider these key TCJA provisions that may affect your filing outlook.

03/10/2022

Common Pitfalls S-Corps Need To Consider

Small-business owners face a few scenarios calling for extra caution.

03/03/2022

Infrastructure projects and the need for environmental insurance

Now is the time to start planning for the forthcoming influx in federal infrastructure improvement funds.

02/23/2022

If you own a business, you probably own some form of general liability insurance to protect you in the event of a lawsuit due to negligence on your part. However, there may be situations where the limits of your general policy may not provide adequate protection. A commercial umbrella can provide you and your business with additional liability protection.

02/17/2022

Success is not final, failure is not fatal: it is the courage to continue that counts. Winston Churchill

02/11/2022

General liability insurance is intended to guard operators and owners of companies against claims that may come from a broad spectrum of sources. These exposures could be just about anything, including liability engendered by accidents from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.

02/03/2022

An investment in knowledge pays the best interest. -Benjamin Franklin

01/27/2022

A commercial auto insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.

01/20/2022

Business interruption insurance is critical if your business suffers a property loss that could cause the business to slow or close down while repairs are made. This may mean a complete or partial revenue loss depending on the time frame and the damage.

01/13/2022

Having a business plan is necessary for survival in today's competitive business environment. A written business plan is as essential for a small business as it is for large corporations. A good business plan will help you focus on current and potential problems and assist you, your advisors, and employees in improving net profit.