Building a startup is like building a house; the stronger the foundation, the better chance it will remain standing for years. And mastering the tax fundamentals of your new business is a big part of building that foundation. That’s why today’s blog post is so important for new business owners. We’ll review those fundamentals and… Read More

This blog often discusses business investment strategies, focusing on traditional vehicles like stocks and acquisitions. But you may not have the capital to think in those terms if you’re just starting a business. So, today’s post will focus on some non-traditional investment ideas that can potentially reduce your tax burden and help you reach your… Read More

Between 2010 and 2022, annual college tuition was up 12% on average. That gives higher education the dubious distinction of being one of the highest inflation sectors in the U.S. economy. And there seems to be no end in sight. Fortunately, there’s a silver lining: 529 plans. These plans let you save for your child… Read More

So much investment advice centers around raw returns. Most rates of return you see on standard investments are before the IRS takes its share. The impact of taxes on overall returns is often glossed over or ignored altogether. However, ignoring tax considerations can lead to lower returns and lost opportunities. So, today’s blog post will… Read More

So, your small business is in a place where you can begin thinking about reinvesting profits. Congrats! Now, all you need is a business investment strategy. In today’s post, we’ll look at five steps to develop that strategy and make your profits work harder. Assess your financial situation and business goals The foundation of any… Read More

Happy New Year! If you’re expecting a tax refund this year, a question is probably brewing in your mind. That is, what do you do with the money? The average refund in 2023 was $2,753. If 2024 is anywhere close, your refund could go a long way to paying off debt or adding to your… Read More

December 26th may seem like the worst time ever to start talking about a holiday budget. But if you’re like millions of other Americans, it won’t be long before the Christmas bills arrive and the regret sets in. So, that makes today a great time to prepare for next year. In this blog post, we’ll… Read More

The last two blog posts have been about overcoming objections to starting a personal budget and strategies to use. This week, we’ll delve into how often you should review your budget, the technology to implement one, and a handful of other resources to help you gain financial stability. Let’s go! How often should you look… Read More

Last week’s post on overcoming budget objections touched briefly on types of personal budgets. Today, we’ll dig deeper into these strategies so you can find the one that fits your personality and lifestyle. Let’s go! Traditional Budget The traditional budget is the most basic type. It involves tracking all your income and expenses over a… Read More

It’s the holiday season, a time to be festive, enjoy life, and think about creating a personal budget. A personal budget?! Okay, that record scratch you just heard in your head was real. No one (not even a CPA) wants to think about personal budgeting at this time of year. The fact is, we ought… Read More