How safe is your data? It’s more important than ever for business owners to protect themselves against data breaches and attacks. All it takes is one incident and confidential company data, financial records or client details could be released into the hands of criminals. Given how devastating a data breach can be for a company’s [...]
Do you follow a monthly budget? For many, the idea of budgeting and saving seems like a daunting task. But, with the right strategies in place, anyone can easily take control of their money which is why we’ve come up with the ultimate budgeting cheat sheet below. 1. Define Your Goals Before forming a budget, [...]
Without a solid plan, your retirement dreams could be at risk. Planning is a crucial aspect of retirement. Without it, you might not be able to afford the lifestyle you envisioned. So, ensure your retirement isn’t ruined by following the six saving strategies below. 1. Define Your Goals Begin planning for retirement by defining exactly [...]
Which method of accounting do you use? As a small business owner, you should understand the difference between cash and accrual accounting. If you don’t, your company’s financial health could suffer. That's why we’ve outlined the two methods below by explaining how its methods could affect you. Defining Cash Accounting Cash accounting is defined as [...]
Being a landlord is expensive. Whether you’re completing maintenance on a property, collecting rent, or advertising a vacancy; there is no shortage of tasks to complete as a landlord. But, if tax preparation is not on your ‘to-do’ list, it can cost you. That's because there are a number of tax deductions that landlords like [...]
Owners don’t have time to waste on paperwork. As a busy business owner, outsourcing tasks should be common practice. Outsourcing frees up valuable time and can save companies money by ensuring the task is done right the first time. Given all the benefits of outsourcing, we think owners need outside help with their finances. Please [...]
The best time to plan for your future is now. Many people don’t create an estate plan because they think they don’t have anything worth protecting. But, without a plan, an unexpected death or illness can leave your family in ruins. We’ve witnessed first-hand the turmoil that is left behind if there is no guidance. [...]
Most Americans don’t get excited about tax season. Given the amount of work that goes into taxes, it should be no surprise that Americans avoid it. Whether it’s collecting all the documents, filling out the forms, or sending money back; tax season is not fun. That’s why we’re trying to make it simpler with five [...]
Being selected for an audit is a stressful experience. If you’ve been selected by the IRS for an audit you could be in serious trouble. Not only could you owe them more in taxes, but failing to claim correctly could leave you susceptible to future investigations or prosecution for tax evasion and tax fraud if [...]
Tuition can be one of the biggest purchases of your life. With ever-rising college and university rates, it should come as no surprise that parents all over the USA are struggling to save for their child’s future. If you’re a parent who feels this strain, continue reading the article below where we’ve outlined three crucial [...]
