If you hold a business-related debt that’s become worthless or uncollectible, a “bad debt” deduction may allow you to cut your losses. But there are a few hoops to jump through.
Taxpayers are often advised to use year-end tax planning to help reduce taxes
Read MoreAs we head toward the gift-giving season, you may be considering giving gifts of cash or securities to your loved ones.
Read MoreAre you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by giving these amounts to charity.
Read MoreMerging with, or acquiring, another company is one of the best ways to grow rapidly.
Read MoreLove and marriage,” goes the old song: “…You can’t have one without the other.” This also holds true for sales and marketing.
Read MoreEvery new company should launch with a business plan and keep it updated
Read MoreRecent legislation will now force employers to convert most of their independent contractors to employees
Read MoreBusiness customers may appreciate your allowing them to buy on credit. But….
Read MoreDon’t wait until next year to start strategic planning. Begin this important effort now.
Read MoreWant to offset the high cost of college?
Read MoreAre you planning to make some improvements around the home? The time is ripe from a tax perspective.
Read MoreIf you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments.
Read MoreIf you’re like many people, you’ve worked hard to accumulate a large nest egg in your traditional IRA
Read MoreFrom a tax perspective, appreciated artwork can make one of the best charitable gifts
Read MoreMany business owners reach a point where managing the financial side of the enterprise becomes overwhelming
Read MoreAmong the fastest ways for a business to fail is because of mismanagement or malfeasance by ownership
Read MoreMany companies now offer Health Reimbursement Arrangements (HRAs) in conjunction with high-deductible health plans (HDHPs).
Read MoreBusiness owners are urged to identify the most important key performance indicators (KPIs) for their companies.
Read MoreAccounting software sells itself as being much more than a simple spreadsheet or ledger. Is your system living up to the hype? If not, make sure you’re taking advantage of its full functionality. An on-staff champion may be able to share his or her knowledge, or you could engage a consultant to retrain employees.
Read More