Kiddie Tax Rate Hike Rolled Back
Parents of young children will always have plenty to worry about. New tax legislation passed at the end of 2019 eliminates at least one of these worries. The new law […]
Make the Most of Recent Retirement Rule Changes
Recent legislation makes changes to popular retirement savings plans like IRAs and 401(k)s. Here are the major changes and how you can benefit from the new rules. You now have […]
Increase Cash Flow in Partnership with Suppliers
Too often, suppliers help manage your cash only when you cannot pay them. Why not use them to help manage it? Here are some ideas to help slow down cash […]
Cyber Security Starts with Your Employees
When identity thieves trick employees, businesses pay a steep price. Consider the case of the Oregon Department of Human Resources. In January 2019, the personal information of over 645,000 applicants […]
5 ways to withdraw cash from your corporation while avoiding dividend treatment
Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as a dividend. However, a dividend distribution […]
The key to retirement security is picking the right plan for your business
If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and any employees. Several types of […]
Tax breaks for adult students
Kids aren’t the only ones heading back to school this fall. Many adults are also taking courses to pursue a new career or improve their current job skills. Fortunately, adult […]
Lower this year’s tax obligation
Now is a good time to assess your current situation and address those lingering tax moves that may improve your tax picture for 2019. Here are five things to consider: […]
Employee or contractor: know the difference!
Are some of your worker’s independent contractors instead of employees? Correctly classifying your workers will preserve the tax breaks that come with hiring independent contractors — and help you avoid […]
3 warning signs your cash flow is at risk
Here are three warning signs you may be headed for a cash crunch, and tips to avoid them: Receivables aren’t being collected fast enough. When customers don’t pay on time, your […]