Ah, the wonders of investing – interest rates have had a huge impact on all of us these last two years, but as we move through Q4, you might have a few “misses” as far as investments that you’d rather … Read More
Do You Need an S-Corp?
If you operate your business as a sole proprietor or in a group as an LLC, the S-Corp election might be just want you need! Now, if your profit is less than 50,000 a year then the extra complexity is not worth the small amount of tax savings. But, if you gross over 50,000 it is worth running the numbers to see how much you could save and what other tax/ business/ and retirement advantages you could set up.
The Secret to Being a Good Tenant
Among all the many necessities of life, nearly everyone pays rent at some point in their lives, but some don’t realize how important this can be. In the terms of housing, punctuality is more than a virtue – … Read More
Stop Using The Holidays as a Business Roadblock
Ah, the holiday season! time of family, food, and … slacking off in business? While the world gets wrapped up in holiday cheer, some entrepreneurs wrap themselves in a comfy blanket of excuses. But let’s kick that habit to the … Read More
“Unwrap the Gift of Tax Savings: Why Q4 is Retirement Boosting Season 🎁”
Ever heard the saying, “Time flies when you’re having fun?” Well, here we are, cruising into Q4, and if you’re anything like me, you’re probably thinking, “Where did the year go?” But before you hang it up to coast to … Read More
November’s Amusing Tax Convictions
A federal grand jury in Denver returned an indictment charging Timothy McPhee of Colorado man and Larry Conner of Texas man with conspiring to defraud the United States and with assisting in the preparation of false income tax returns. According … Read More
The “Money Fear” Factor—Why It’s Time to Invest in Q4
Do you ever look at your budget and think, “I should wait until next year to invest in that marketing initiative, update that outdated software, or even invest in myself and my education with some additional training?” You’re not alone; … Read More
October’s Real Estate Corner
Qualified mortgages are loans that meet strict guidelines set forth by the Consumer Financial Protection Bureau (CFPB). Lenders assess borrowers’ ability to repay the loan based on their financial information. QMs typically feature standardized terms, limited fees, and are considered … Read More
A Student Loan Debt Snapshot
Americans collectively have more than $1.7 trillion in federal and private student loans. While 54 percent of Americans do not have student loan debt, if you are between the ages of 18 to 23, you probably do. Over 60% in … Read More
Navigate Open Enrollment Like a Pro and Optimize Your Tax Position
Autumn is a season of change, and as we watch the leaves transition into vibrant shades of red and orange, we too should think about beneficial changes in our lives—especially when it comes to health insurance. With many companies launching … Read More
Navigating the Labyrinth of State and Local Taxes
Given how close we are to Halloween, I hope today’s post won’t scare you too bad, yet again and again, I see business owners caught not managing their state and local tax obligations. It’s not just what you earn or … Read More