We focuses on delivering Total Project and business Solutions including training & consulting services for organizations seeking more consistent project performance and more successful projects. Through our wide variety of service offerings, we provide the building blocks that enable organizations to develop a solid foundation in standards-based business analysis and project management practices.

Private & Custom Programs

Private Programs

By engaging MSM Group to implement a private, commercial off-the-shelf (COTS) training program, organizations will have the ability to level-set employees in these core disciplines regardless of an individual’s position or tenure within the company.

With any private program:

  • Choose where, when and how the training will be rolled out across the enterprise

  • Choose on-site, traditional training or virtual, instructor-led online training

The virtual venue allows companies to accommodate geographically-dispersed employees while encouraging collaborative learning through our highly interactive online technology platform.  This robust LMS-based venue features break out rooms, shared white boards, and real-time discussion capability.

Custom Programs

Organizations can leverage PMCentersUSA to implement a customized training solution, which incorporates company-specific project methodology, templates, and procedures which may be incorporated into the curriculum to closely align with established project processes within the organization. 

Ways to tailor the curriculum:

  • Include industry-specific course exercises or case studies 

  • Use company-specific methodologies and templates 

Additional training available for corporations includes tools training, such as training on the Microsoft® Enterprise Project Management (EPM) solution using Project Server.  Our consultants will assess the current state of the organization’s project management environment, including the configuration of MS Project to prioritize key training objectives and expected outcomes, then deliver targeted training in support of the EPM environment.

Consulting Services

MSM Group consultant/instructor team offers invaluable breadth and depth of experience that enables them to provide key insights on your critical projects and make recommendations to assist you in meeting your objectives. Specific areas where organizations can leverage our Consulting Services include:

 

  • Organizational Assessment & Gap Analysis

  • Project Audits and Reviews

  • Review of Project Process, Procedures, Templates, and Tools

  • Requirements process and scope assessments

  • Risk plan assessment

  • Communications plan assessment

  • Change control consultation

  • Contract compliance assessment

  • Qualification of the need: Our account executives and consultant managers will meet with you to understand the details of your staffing needs. Through collaboration, we determine the number of resources, skill sets required, location, and other engagement logistics

  • We do the work: We initiate our defined staffing solutions process. Our team interviews, tests, and screens candidates to deliver qualified consultants who match your business needs

  • We guarantee the work: Our services come with a 100% satisfaction guarantee on the consultants selected for your team

Project Reviews, Coaching and Continued Support

Our experienced consultants provide continuing support to assist organizations seeking improvement by conducting project reviews. We can assess a project in its entirety or focus on a certain area of concern such as cost, schedule, quality or contract/regulatory compliance. An independent project review can provide key insights into an organization’s project management practices and delineate areas for improvement.  In addition, our project management and business analysis consultants also  provide coaching and continued support for project team members and executives looking to work effectively within project organizations. Coaching is a very effective hands-on method of working one-on-one with key individuals to accelerate the development of competency levels in core project management and business analysis skills. Engagements of this type typically include:

 

  • Cultivating skills and leadership development

  • Providing guidance in policy, process, methodology

  • Applying newly-learned skills to projects

  • Developing skills specific to an organization or project

Business and Entrepreneurship

Our seasoned legal team is well versed in serving the needs of small businesses.  We advise clients that are both new ventures as well as established small businesses.  As a small business owner or CEO, the legal landscape can be daunting.  We act as a fractional in-house counsel, advising our clients on various state, federal, and corporate requirements.

Our firm understands the unique legal needs of small businesses and the evolving legal requirements.  Whether establishing new contracts, dealing with a myriad of human resource issues, or negotiating a difficult financial transaction, we have a practice area that serves your needs.  We have experience with all forms of business organizations, including sole proprietorships, general and limited partnerships, corporations, and single and multi-member limited liability companies.

S Corporation vs. C Corporation: Which Entity is Best for Your Small Business?

 

What’s the difference between an S Corporation and a C Corporation? If you don’t know the answer to this question, you’re not alone. Entrepreneurs might not know much about these legal structures if they never incorporated as one before, and the pair are easy to get mixed up.

Let’s break down each entity to help you determine whether an S Corp or C Corp is the best fit for your business.

 

S Corporation What does it mean?

Hang tight with me for this definition because it’s a mouthful. S Corporations draw their designation from subsection ‘S’ of the tax code. S Corporations begin as limited liability companies (LLCs) or C Corporations, then are filed for S Corp status with the IRS. That S Corp election tells the federal government that it would like to be taxed as a partnership and not as a corporation, despite the entity generally operating in a similar manner to a corporation. This makes it a C Corp with an S Corp tax election.

When an entity is taxed as a partnership, like an S Corp, it is able to avoid double taxation. For those that don’t know, double taxation applies to every incorporated business. Incorporated businesses pay taxes on the income they, as a business, earn along with taxes that you, the owner, earns from working for the business.

S Corporations do not pay taxes at the corporate level, but instead elect to have their profits, losses, deductions, and credits “pass-through” the entity level. When profits pass through, they go directly to the owners instead of the entity, making for an increasingly popular way to structure a business in light of the recent passing of the Tax Cuts and Jobs Act (TCJA). At this point, they are only taxed at the shareholder level, and S Corp shareholders are subject to employment tax. Shareholders are also considered to be employees of the business and must be paid reasonable compensation, or a salary, to avoid having the IRS reclassify their corporate earnings as wages. Business owners will still be required to pay personal income taxes as well.

 

Why would I incorporate as an S Corporation?

Three words: pass-through taxation. As I mentioned earlier, this is one of the biggest draws to forming an S Corporation because it keeps double taxation at bay. It is also the primary factor that differentiates S Corps from C Corps. Plenty of businesses incorporate as S Corps, especially franchises since the entity allows you to save money on FICA payroll taxes.

However, one doesn’t decide to incorporate as an S Corp at the drop of a hat.

There are requirements to incorporating as this entity which are listed below.

  • Your business must be based out of the United States and filed as a U.S. corporation.

  • You must maintain a maximum of 100 shareholders. These shareholders must have a U.S. Social Security Number and consent in writing to the S Corp election.

  • Only one class of stock may be issued.

If you meet these qualifications, you may file to elect S Corporation status by using Form 1120SU.S. Income Tax Return for an S Corporation. Doing so will allow your business to enjoy tax credits, gain credibility, and experience independence as a distinct corporate entity.

C Corporation What does it mean?

The ‘C’ in C Corporation stands for the subchapter of the IRS code which governs the federal taxation of the entity. This structure is much more traditional than that of an S Corp. Any gains or profits made by the business are distributed to the shareholders to be taxed twice, resulting in double taxation. C Corps are unable to pass losses through to shareholders, but they can apply the tax benefit of a loss to future profits in order to reduce those tax burdens. Good for the business, but a drawback to any shareholder who wanted the ability to write off expected losses.

Why would I incorporate as a C Corporation?

Despite being perceived as the more traditional entity of the two, C Corps do offer entrepreneurs plenty of benefits that extend beyond taxes:

  • Covered with limited liability, making the owner not personally liable for the debts that the corporation may incur.

  • Allowed to go public

  • Can have an unlimited amount of stockholders

  • Can raise investment capital

  • Can write off benefits like health insurance and dental plans as business expenses

For those ready to elect C Corporation status, they will need to file Form 1120 U.S. Corporation Income Tax Return. The U.S. Small Business Administration (SBA) also highly recommends the entity to immigrant-entrepreneurs. While an S Corporation has strict rules against nonresident alien shareholders, C Corporations might just be the perfect entity choice for immigrant-owned businesses.

Business Planning

Sole Proprietorships, Partnerships, Corporations and Limited Liability Companies

Planning is one of the most important parts of running a business. Whether you’re a large multinational corporation or a small business, Our firm has the knowledge and resources to help keep your company on track.

Business Insurance at a Glance

Business insurance is the term used in the insurance industry to describe the use of life insurance and disability income insurance for certain financial needs of businesses and business owners. Business insurance can help to address the needs of a business owner using insurance products:

  • Economic loss to the business when a key employee dies

  • Disposition of a business owner’s interest upon death or other separation from the business

  • Attraction and retention of valuable employees and

  • Rewarding faithful employees

Items We Address

  • Financial statements

  • Business Continuation Concepts

  • Employer owned life insurance

  • Key employee life insurance

  • Group term life insurance

  • Business valuation

 

  • Executive bonus arrangements

  • Cafeteria plans

  • Entity buy-sell agreements

  • Cross-purchase buy-sell agreements

  • One-way buy-sell agreements

  • Disability buy-out agreements

 

  • Section 303 stock redemptions

  • Shifting future business growth

  • Transfers for value

  • Executive bonus arrangements

  • Split-dollar life insurance

  • Nonqualified deferred compensation

Building Wealth

You Work Hard. Build Wealth.

When you're young, the value of your future earnings is your number one financial asset when it comes to wealth building.

The sooner you realize that your income represents the foundation upon which you build lifetime wealth, the better off you’ll be over the long term. And, the higher your income, the greater your potential for accumulating significant assets.

We believe that the biggest barrier for building wealth is inertia and procrastination for understanding your options. Contact us to either get started or to check in. Make sure you’re growing your money for the long haul.

Beginning Your Financial Journey

Do You Know Where Your Financial Journey Is Taking You?

Take your first step toward a financial strategy today. Whether you’re getting started or starting to pay attention, evaluate what you already have — a 401(k) from your last job or a savings account that has accumulated cash value? Now you can set a direction for your financial life and put your goals within reach.

The best news? You don’t have to do it alone. We can help you figure out what you have, prioritize your goals and offer tools and resources to help you pursue them.

Contact us to get started.

Our Values Based Approach

We use a values based approach to working with clients. The philosophy is that, financial decisions are made at three levels.  The first level is transactional, were the focus is on features or price of products.  The second level is Process, where the focus is on information such as tax laws and financial models.  The third level is Values, which are the deep seated core beliefs that people have and which serve as compasses for behavior, Values such as Courage, Freedom, Family, Integrity and Responsibility.  While all three of these factors, are important, in making financial decisions we know that in the future features and prices of products will change.  We know that information and tax laws will change as well.  However, we believe that Values do not change, only the implementation of these Values as people mature over time.  The theory is that meaningful lasting long term decisions are based on deep seated core Values not on just information or the features and prices of products. 

 

We work with our clients to identify these Values and to determine if their behavior is aligned with what is truly important in their lives, in order to help them work towards life’s goals.  We feel that if financial decisions are Values based they are more sustainable over the long haul than if made at just the transactional or process level.

Protecting Your Family

As a resource for your family, it’s natural to feel the responsibility of protecting your family’s financial future. You’ve worked hard to provide a quality life for your family. Regardless of where you are in life, no one wants to think about the worries that affect us all — but it’s important to consider the effects that change can have when unexpected events occur.

Important questions to ask yourself:

  • Could my family stay in the house we’ve created together if one of us is not here to help pay the bills?

  • Are future goals protected if the sources of funds are no longer there?

  • Can I provide funds for my family that can help maintain the status quo and provide the means to offer a better tomorrow than they have today?

Contact us about protecting your family by assessing the economic value you provide. A simple call and thoughtful conversation can help ensure your family will continue to enjoy the life you want for them in the event the unexpected happens.

Get to Retirement Ready

The actions you take today – or more importantly, don’t take – could have a significant impact on your future retirement income down the road. The sooner you take control, the more options you have to develop a strategy to help provide the retirement you want.

Thoughtful preparation can help you have:

  • enough money in retirement and not outlive your assets

  • ability to maintain or potentially upgrade your lifestyle in retirement

  • income benefits while helping to mitigate the risks of stock market volatility

Contact us to explore a path to getting you to retirement ready.

Charitable Giving

A charitable contribution is when you donate money (which can include securities or business ownership interests), goods or services to an organization and deduct the market value of this contribution on your income tax return.

Life insurance is often used in conjunction with charitable giving. But even when this is not the case, there are creative techniques that can be applied to charitable giving. When it comes to charitable giving, we have the knowledge and resources to help you make informative decisions with confidence.

 

Items We Address

  • Charitable giving overview

  • Rules for deducting charitable contributions

  • Gift of life insurance policy

  • The capital-replacement technique in which life insurance replaces assets committed to charity (AKA wealth replacement)

  • Income tax charitable deduction

  • Charitable remainder annuity trust vs. unitrust

  • Charitable pooled income funds

 

  • Charitable gifts of remainder interest in personal residences and farms

  • Charitable gift annuities

  • Charitable lead trusts

  • Charitable giving and retirement assets

  • Converting an asset to an income stream with a CRT

  • Supplementing retirement income with a CRT

  • Charitable gifts to public charities and private foundations

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