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5 pending changes that could impact year-end small business tax planning
Congress has been debating a number of big bills that contain tax changes. Some of the proposed changes are favorable; many are not. All of them may
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5 Things to Do as Your Retirement Date Approaches
If you're among the nearly 5.6 million Americans who retire every year, here are five ways to make retirement easier.
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6 Practical Tips to Manage Your Small Business Finances
stevepb / Pixabay Even experienced business owners can benefit from improving the way they manage their finances. This is especially true if your expertise in your product or service doesn’t extend to managing business finance. It would be a shame not to realize the full potential of your company, so we’ve assembled s
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Make These 3 Moves Before You Start Investing
Investing money is a great way to grow wealth over time. Over the past 50 years, the stock market has delivered an average annual 10% return (before inflation), based on the performance of the S&P 500 index.
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Moving to a New State? 3 Financial Factors You Need to Consider
The pandemic changed work patterns for many Americans. Due to the ability for many to work remotely, a new report from Upwork found that 2.4% of people, or 4.9 million Americans, have already moved because of remote work since 2020.
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How Parents & Grandparents Can Help Fund A Child IRA
Congratulations! Your child has a job! Now what? How about a Child IRA? Your child won’t be thinking of this, but you should.
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Using A Solo 401(k) For The Soon-To-Retire Entrepreneur
The Roth IRA Peter Thiel used to amass billions in tax-free dollars has renewed interest in using tax-advantaged retirement plans as a means for accumulating wealth. What hangs up entrepreneurs is they don’t want to set aside wealth only to have it be taxed away. Whether you think of this as greed or good business, tax
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Want To Leave Your Kids An Inheritance? They May Only Have 10 Years To Take It.
The Secure Act, which was signed into law in December 2019, brings about several major changes to the retirement system. One such shift marks the end of so-called “stretch IRAs” for non-spouse beneficiaries who inherit a retirement account after 2019. Although there are a couple of exceptions, starting in 2020, most ad
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Why Every Business Should Be Built To Sell (Even If You Never Plan To Sell)
Preparing your business to be sellable isn’t about planning an exit. It’s about building a stronger, more valuable company that gives you options.
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Keeping Your Retirement Savings On Track Amid The Great Resignation
In May 2021, psychologist Anthony Klotz coined the phrase “The Great Resignation” to describe the record amounts of workers quitting their jobs after