Every dollar that you can rescue from taxes can be put to use to grow your wealth; here is a concept to create the most beneficial deductions.
Create Tax Savings And Transfer Wealth To Your Child With A Roth IRA
Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on a tax-free basis.
Tips to Avoid Identity Theft
What is rampant, spreading like wildfire and can kill life as you know it? No, not a deadly virus (but close). Answer: Identity theft.
Pay yourself first
Schools do not teach thrift: college, high school, junior highour system doesnt place a high priority on frugality. And what a shame. We should put money aside regularly using a simple systempay yourself first.
Emergencies-Are you prepared?
A young man got into a car accident resulting in many bedridden months in the hospital and $100,000 of debt in hospital bills.
Hybrid Vehicles and Tax Benefits
You have to love car dealers. With the passage of the Energy Policy Act of 2005, car dealers are screaming about the tax benefits of buying these vehicles. Heres the scoop.
A Love/Hate Relationship: How your credit score can open and slam doors for you
Manage yourself and your money. Money is like food; we dont eat only when were hungry, and we certainly dont spend only when we need something.
Quickbooks Tips
QuickBooks is a great accounting program for home-based businesses to track their income and expenses. It is easy to learn and simple to use. It has a great Help file. You do not need an accounting background to be able to generate reports such as a Profit and Loss and Balance Sheet needed for tax preparation and managing your business. I have listed a few key points to consider when using QuickBooks.
Cash or Accrual Basis of Accounting? The first step in setting up your c…
5 Reasons Why Recordkeeping Is So Important
When you decided to start your business, was your first priority concerned with setting up your filing system for recording your expenses? I seriously doubt it. This simple task (yes it is simple) is usually the item that is the last thing on the new business owners mind. The more important issues of what product to sell, how am I going to advertise, how much money is it going to cost me, and how much money can I make are the first questions we consider when going into bus…
Top 5 Benefits of Having a Home Based Business
Top 5 Benefits of Having a Home Based Business