Even experienced business owners or investors can benefit from using a Strategic Plan. It is truly an integral part of a successful investment strategy or business operation. A Strategic Plan is not a Investment or Business Plan. A Strategic Plan sets forth a timeline...
Over the past few years there have been a number of changes and updates regarding the reporting rules for the mysterious 1099-Misc Forms. I say “mysterious” because many business owners simply guess as to what the rules are and oftentimes get exasperated and just...
Many entrepreneurs don’t realize it but as small-business owners we have more options to save on healthcare costs than any other group of Americans. The tax-planning and cost-saving strategies can be phenomenal. It simply takes a little bit of research and consulting...
Ok…so the real name of an IRA that can be used for education expenses is called a Coverdell Education Savings Account (Coverdell ESA). However, for simplicity sake, we in the accounting world generally refer to these powerful little gems as the “Education...
Believe it or not, it could actually be a really smart move to buy your parent’s home and rent it back to them. In fact, there are several ways to handle a parent’s home depending on their particular health or financial situation. But a bare minimum, even if you...
Student loans cause a great deal of stress in the lives of many Americans. From keeping track of payment deadlines or living in constant fear of not being able to make their next payment, the whole process can be overwhelming. The bottom line is even if you are making...
