Managing Gains and Losses in a Turbulent Year
It’s been a rough Fall for the stock market. So much so that you should probably carefully review your portfolio and other capital transactions to minimize gain or maximize losses for the year.
Research Credit Potentially Doubled By The Inflation Reduction Act
The Inflation Reduction Act that President Biden signed into law back in August, has a lesser-known provision that could benefit many small business startups, allowing them to potentially double the amount of the research and development tax credit they can claim from $250,000 to $500,000 per year against payroll taxes.
Is This an Opportune Time to Convert Your Traditional IRA to a Roth IRA?
If your traditional IRA is invested in stocks and/or mutual funds, the recent substantial downward slide by the stock markets may provide a unique opportunity to convert your traditional IRA to a Roth IRA at a low cost, and then benefit when the markets recover.
Use QuickBooks Online Effectively: 7 Best Practices
It’s easy to maintain QuickBooks files, improve the accuracy of your accounting work, and gain insight on the financial health of your business. Just follow the seven ways you can be safe, compliant, and productive when you’re using QuickBooks Online.
Sectors: Overweight, Underweight, or Just Right?
Many broad-based indexes, including the S&P 500, are weighted based on market capitalization, and that can affect performance when a heavily weighted sector suddenly falls out of favor.
Renters Insurance
Renters insurance is important coverage once you move out on your own because, if your apartment burns down, your landlord’s insurance only covers the structure, not your stuff!
What Is an Offer in Compromise?
Long-term debt can be debilitating–especially when the money is owed to the government. Because bankruptcy will not discharge tax debts, one of your few options available for settling tax debt is an IRS program called an Offer in Compromise, or OIC.
Small Businesses Are Short-Staffed and Overwhelmed
In August 2022, 49% of small businesses reported having job openings they could not fill. What’s a small business to do? We explore three options.
Personal Finance Tips from Warren Buffett
There are a lot of seasoned investors out there who have made a lot of money on things like the stock market over the years. There’s a lot to be learned from Warren Buffett that you can put to good use moving forward.
Best Practices for Avoiding Cash Flow Problems With Your Business
If you had to make a list of some of the biggest issues that plague small business owners on a regular basis, cash flow problems would undoubtedly be right at the top.