There’s an IRA for everyone. Planning for retirement is not complete without an IRA. It’s one of, if not the, most recommended to have. But, not all IRA’s are the same. Whether you’re just beginning your investment journey or are interested in exploring other options, we’ve got you covered. We’ve outlined some of the different [...]
International taxes can be tricky. If it’s not already on your mind, international taxes should be. Whether you work, earn, or live abroad, international taxation rules apply to you. But, you’re not alone in trying to understand them. That’s why we’re here. We understand how confusing international tax planning is. The Rules Change We believe [...]
Retirement should be relaxing – not stressful. Starting to save later in life isn’t something to be ashamed of. We see it all the time! But, people in their 40s can be anxious, stressed, and worried that they won’t have time to get their savings in check. In reality, retirement planning in your 40s is [...]
Taking care of aging parents means more than their physical health. When someone gets older, the only thing at risk isn’t their health. Their finances are in jeopardy too. As unfortunate as it seems, with age often comes mental decline. This can lead to trouble with day to day, poor planning, and vulnerability. That’s why [...]
A 401(k) withdrawal may not be as detrimental as you think. Despite what some may think, making an early 401(k) withdrawal can be a sensible decision. That’s why we’ve come up with the helpful list below of some scenarios where a 401(k) withdrawal makes sense. Allows for Quick Access There are a number of situations [...]
Small errors can result in huge inconsistencies. Though unintentional, accounting errors can cause you a great deal of stress, time, and money. These small inconsistencies result in distorted projections, incorrect statements, and bad financial records. That’s why we’ve outlined the top 4 accounting errors below and how you can prevent them from impacting your books. [...]
Have you been keeping track of how much you owe in taxes this year? Do you know how much you owe in quarterly tax payments? Or, do you even know how to calculate it? If not, that’s alright! Most people are unsure. This is why we’ve compiled our best tips into the checklist below. Learn [...]
Do you have a recession-proof business strategy? Hardships are unavoidable. There’s no industry, company, or owner that is immune to difficult times. But, preparing for a downturn isn’t about the ‘worst-case scenario’. Rather, it’s about building a strong foundation when things are at their best. That’s why we’ve come up with 4 ways that you [...]
Non-profit owners should be focused on their endeavors. When you started your non-profit, you likely didn’t envision yourself sitting behind a computer all day. Nor did you picture yourself filing, scouring, and inputting numbers into spreadsheets all day. But, you aren’t exempt from accounting principles. In fact, your financial status is a critical part of [...]
Merging two businesses is not easy. Merging two small businesses is no easy feat. Not only will you have to navigate the sale, prepare staff, and re-structure your model, but you’ll need to examine its tax implications. And, having to navigate the IRS rules can be difficult. Especially given that there is no clear answer [...]
