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Welcome to Trustegrity. We want to thank you for your interest in our business community. Trustegrity provides a platform for networking, knowledge sharing and collaboration. Our mission is to be the preeminent membership community of entrepreneurs, professionals and trusted advisors dedicated to success. Read More »

Recent Blog

Sun, 2018-02-04 18:24
Employers who for their convenience provided business meals for their employees are losers—50 percent losers to start and then total losers later.
 
Meal costs that were 100 percent deductible for perhaps a half century or more are now limited to 50 percent, and that 50 percent becomes a big fat zero deduction beginning January 1, 2026.
 
Employee meals that were 100 percent but are now 50 percent deductible beginning January 1, 2018, include:
 
• meals served at required business meetings on your business premises;
• meals served at required business meetings in a hotel or other meeting place that passes the test for business premises but is located outside of the office;
Tue, 2018-01-30 20:56

If you have your own business, you may wish to keep the business within your family or sell it, before or after you pass away. Regardless of which option you choose, careful planning will ensure the business can stay up and running. It is critical to establish new owners and identify key individuals who can assume executive and managerial duties, including family members. The overarching goal is to choose the most capable individuals to run the business. A well thought out succession plan will clarify how ownership will be transferred, establish rules for hiring, compensating and promoting family members, and specify how disputes will be resolved.

A few ownership transfer considerations should include:

  • Coordination between who will own the business and who will manage the business.

  • Consideration of the best interests of the business and the owner's family.

A few management succession considerations include:

  • Development, training, and support of successors.

  • Delegation of responsibility and authority to successors.

Our Members Say

Trustegrity has been a wonderful relationship based, business building...
Dr. Fred Dietzen
"I didn't expect an invitation to Trustegrity to be such a game-changer for my...
Josh Norris

"My past experience with Networking Groups has not given me high...

Marvin Cantor

I enjoy the format of the Trustegrity meetings, specifically the roundtable...

Gina Bongiovi

I have been a "net-worker" for the past 10 years, and have been in a variety...

Jenny Heafey CHRS, CCWS

As a business coach, I work with clients to identify the specific results

Philip Cohen

When I arrived at my first meeting, I immediately felt the professional vibe...

Beits Livneh

I joined Trustegrity for the high level professionals it attracts, the...

Dana Earhart
I have been a member of Trustegrity SCO II for about a year now.
Paul Orscheln

"I joined Trustegrity about 6 months ago.  I really enjoy the meeting format...

Cathy Jones, CPA, CCIM

As many of us have done, I joined Trustegrity originally to network with...

Thomas Torgerson

I've been involved with all of the major networking organizations.

Mike Balistreri

"The Trustegrity format is a refreshing alternative to upper end...

Thomas Beyer

My experience with Trustegrity has been very good.  I have met some great

Colin McTernan, Owner

"I have been a member of many referral/networking organizations; have been...

Debbie Harris

I have been a member of Trustegrity for over a year.

Reuven I. Rubinson, CPA, MBA

“Trustegrity is an impressive group of professionals and business owners, in...

Richard Galin Attorney

Trustegrity has allowed me to deepen relationships with past acquaintances...

Donald R. Parker

I think our group of individuals are very professional  and passionate about...

Roger E. Unger

"The Power meetings are one of the most effective ways to gain a deeper...

Gary Patrone

I have enjoyed coming to the Trustegrity meetings and like the structure and...

Deepak Shroff
I was part of the initial organizing group for the Silicon Valley chapter.
Chet Harmer

“I find the Trustegrity meetings to be excellent source for professional...

John P Tokar, Financial Advisor

"The Trustegrity format fosters a friendly, informative environment that...

Jonathan Forstot

Are you of the mindset that you see value and like building deep...

Pello Walker

I have enjoyed meeting other professionals who are at the top of their...

Anita Webster

"I had been a 2 year member of a widely-focused national networking group...

Paul Andrews

"My impression of this newly formed networking group is that we have...

Michael Long, General Manager

I am a member of the Walnut Creek CA group and joined immediately after my...

Alex Gilmette

Joining Trustegrity has been nothing short of wonderful for both the...

Kirk Bennett
I have been a member of multiple networking groups over the past 10 years and...
Joe Laux

I been a part of other networking groups, but this was the first time it

Eugene Maresh

Trustegrity provides me the conduit to an elite group of advisors and...

Staci Scharadin, CFP® Professional

Knowing the benefits and value of networking, I was drawn to attending my...

Susan Curtin, CEO Insights 4 Results

Our Members Say

Trustegrity has been a wonderful relationship based, business building...
Dr. Fred Dietzen
"I didn't expect an invitation to Trustegrity to be such a game-changer for my...
Josh Norris

"My past experience with Networking Groups has not given me high...

Marvin Cantor

I enjoy the format of the Trustegrity meetings, specifically the roundtable...

Gina Bongiovi

I have been a "net-worker" for the past 10 years, and have been in a variety...

Jenny Heafey CHRS, CCWS

As a business coach, I work with clients to identify the specific results

Philip Cohen

When I arrived at my first meeting, I immediately felt the professional vibe...

Beits Livneh

I joined Trustegrity for the high level professionals it attracts, the...

Dana Earhart
I have been a member of Trustegrity SCO II for about a year now.
Paul Orscheln

"I joined Trustegrity about 6 months ago.  I really enjoy the meeting format...

Cathy Jones, CPA, CCIM

As many of us have done, I joined Trustegrity originally to network with...

Thomas Torgerson

I've been involved with all of the major networking organizations.

Mike Balistreri

"The Trustegrity format is a refreshing alternative to upper end...

Thomas Beyer

My experience with Trustegrity has been very good.  I have met some great

Colin McTernan, Owner

"I have been a member of many referral/networking organizations; have been...

Debbie Harris

I have been a member of Trustegrity for over a year.

Reuven I. Rubinson, CPA, MBA

“Trustegrity is an impressive group of professionals and business owners, in...

Richard Galin Attorney

Trustegrity has allowed me to deepen relationships with past acquaintances...

Donald R. Parker

I think our group of individuals are very professional  and passionate about...

Roger E. Unger

"The Power meetings are one of the most effective ways to gain a deeper...

Gary Patrone

I have enjoyed coming to the Trustegrity meetings and like the structure and...

Deepak Shroff
I was part of the initial organizing group for the Silicon Valley chapter.
Chet Harmer

“I find the Trustegrity meetings to be excellent source for professional...

John P Tokar, Financial Advisor

"The Trustegrity format fosters a friendly, informative environment that...

Jonathan Forstot

Are you of the mindset that you see value and like building deep...

Pello Walker

I have enjoyed meeting other professionals who are at the top of their...

Anita Webster

"I had been a 2 year member of a widely-focused national networking group...

Paul Andrews

"My impression of this newly formed networking group is that we have...

Michael Long, General Manager

I am a member of the Walnut Creek CA group and joined immediately after my...

Alex Gilmette

Joining Trustegrity has been nothing short of wonderful for both the...

Kirk Bennett
I have been a member of multiple networking groups over the past 10 years and...
Joe Laux

I been a part of other networking groups, but this was the first time it

Eugene Maresh

Trustegrity provides me the conduit to an elite group of advisors and...

Staci Scharadin, CFP® Professional

Knowing the benefits and value of networking, I was drawn to attending my...

Susan Curtin, CEO Insights 4 Results