Everyone can use some help getting their financial affairs in order, but especially senior citizens who may face special challenges and decisions involving money management later in life
Business Banking Professional Advice
At the beginning, you will be offered plenty of advice and support to set up your business enterprise schemes often run seminars and give out free software to help you manage your accounting, for example.
Children’s Bank Accounts – Planning Your Family’s Future
Everybody wants to give their children the best possible start in life, and make their future as secure as possible. Two ways of helping them, money-wise, are by encouraging them to save with their own bank account, and by making investments on their behalf.
1031 Tax Exchange Frequently Asked Questions
After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transaction
Equity and Gain
Is my tax based on my equity or my taxable gain?
Tax is calculated upon the taxable gain. Gain and equity are two separate and distinct items. To determine your gain, identify your original purchase price, deduct any depreciation which has been previously reported, then add the va…
All About Personal Accounting
If you have a checking account, of course you balance it periodically to account for any differences between what’s in your statement and what you wrote down for checks and deposits.
Questions and Answers on Home Foreclosure and Debt Cancellation
The Mortgage Forgiveness Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence.
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.
When Is The Best Time To Incorporate Your Small Business?
If you’re a sole proprietor, perhaps you’ve considered incorporating your small business or self-employment activity.
And so maybe you’ve been wondering, “When is the best time to incorporate?”
From a legal standpoint, any time is the best time. The sooner you incorporate, the sooner you make the move from the world of unlimited liability to the world of limited liability.
From a tax savings standpoint, any time is the best time. The sooner you incorporate, the soone…
10 Ways To Reduce Tax Burden For Your Small Business
An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases your life, future, money or property will be in his hands.
What To Say: How to Find Material To Fill Your Seminar or Small Business Management Course
Seminar marketing is one of the most productive and cost-effective ways to build your financial practice! Sponsored seminars are expected to grow 10 to 15% annually for the next decade. Sponsored seminar marketing provides you with a repeatable, systematic marketing process where you can leverage your knowledge.
How To Market Your Seminar to Your Local Market
Learn how to get started marketing seminars to promote your local professional business. This article is thrid in a series available on this website or from the author.
Tax Benefits of Operating A Home Based Business
A big advantage of working from home is the tax benefits of operating a home based business. Working from home allows you to deduct portions of bills that you are already paying to live there.