Trusts
The Basics of Trusts A trust is a legal arrangement where one party (the “grantor”) transfers assets to another (the […]
2024 Election Guide
I’ve avoided it for long enough. Let’s talk about the election and what it means for your money. We’re going […]
Important Birthdays After 50
Most children stop being “and-a-half” somewhere around age 12. Kids add “and-a-half” to make sure everyone knows they’re closer to […]
Stock Sectors
In the dynamic world of investing, understanding stock sectors is crucial for making informed financial decisions. Stock sectors represent distinct […]
Business Cycles
Understanding Business Cycles In the realm of economics, the concept of business cycles is both intriguing and crucial. It’s a […]
Capital Gains and Losses
Capital gains result when an individual sells an investment for an amount greater than their purchase price. Capital gains are […]
Incentive Stock Options
Incentive Stock Options (ISOs) are a type of stock option a company grants its employees as compensation. ISOs have specific […]
Rental Property and Their Tax Benefits
Owning a rental property can provide several tax benefits for property owners. It’s important to note that tax laws can […]
Annuities…What Are They?
Annuities are financial products that provide a series of payments made at equal intervals. They are often used as a […]
Making A Charitable Gift
Why sell shares when you can gift them? If you have appreciated stocks in your portfolio, you might want to […]
7 Common Bookkeeping Mistakes (and How to Avoid Them)
As any small business owner will tell you, running a small business is no small feat. Between juggling sales, customer […]
How to Align Your Tax Strategy with Annual Planning
Having a well-thought-out tax strategy for your business is an important step to take in order to make the most […]
Tax Planning for Corporations: Do’s and Don’ts
Proper tax planning for corporations is necessary to ensure the continued financial success of your business. A strong tax plan […]
Creating and Tracking Financial Goals for Business
Setting financial goals for businesses can be a daunting task. However, the benefits of outlining and adhering to financial goals […]
7 Essential Habits in Wealth Management for Entrepreneurs
Wealth management for entrepreneurs is the art of creating wealth by investing in assets, managing finances, and making strategic decisions. […]
Business Planning: How to Connect Your Data to Goals
Data tells the story of your business, and goals give your business a benchmark to strive for. To get the […]
Is Your Tax Plan Proactive or Reactive?
While most people understand the importance of tax planning, many don’t know the difference between a proactive and reactive approach. […]
How to Approach Wealth Management for Business Owners
Wealth management generally includes comprehensive investment management alongside financial advice, tax guidance, estate planning, and even legal assistance. It is […]
Critical Cash Flow metrics to Strengthen your Business
Good cash flow is essential for a successful business; therefore monitoring and working to improve those cash flow metrics is […]
How Profit Growth is Found in Your Accounting
Are you happy with the profit your company is generating and its growth? Or, are you not exactly sure how […]
9 Things to Look For in Your Financial Reporting
You’ve received your financial statements for the year. Now what?
Becoming a Millionaire with $5 per day
Becoming a millionaire doesn’t take a lot of money – just some discipline.
Active vs Passive Investing
What is the difference between active and passive investing? Learn the pros and cons of each strategy.
Year-Round Accounting to Reach Your Goals
How to build a financial system that helps you reach your goals.
Getting an Employer ID Number (EIN)
How to get an EIN and why you should never, ever pay for it.
Qualified Business Income Deduction
Learn what the QBI deduction is and how it’s calculated.
Home Office Deduction
If you own your business and are working out of your home, you may be entitled to the home office deduction.
Business Expenses
Find out which business expenses are – and are not- deductible on your tax return.
S-Corp Conversions
Find out how having your business treated as an S-Corp could save you in self-employment taxes
Dividend Taxation
If you’ve wondered what the difference between ordinary and qualified dividends are, here’s a quick rundown.
1031 Exchanges
If you own an investment property, you should know what a 1031 exchange is and how it might benefit you.
Self Employment Taxes
If you’re self-employed or a freelancer, you need to know how Social Security and Medicare taxes are calculated.
Which legal entity is right for my business?
One of the most common questions I get from people who are thinking about starting their new business is which type of entity they should use.