Do you feel like you’ve missed the boat when it comes to educating your kids about finances? It’s not too late to teach them these four basic principles.
Congress’ recent move to retroactively make a portion of 2020 unemployment income tax-free is creating havoc during this year’s tax filing season. Here is what you need to know.
Here is a recap of market performance for the month of March and year-to-date. Stocks increased during the month of March, with US large cap and international stocks leading the way. US small stocks were positive, but lagged for the month. Year to date, small cap is the clear leader, while large cap and international have also posted impressive returns. Bonds continued to struggle for both the month and the year, having negative returns over both timeframes.
The same factors that we’ve been dealing with for the past 12 months during the pandemic can also create an opportunity if you are considering starting a small business.
Tax challenges can be VERY expensive. As a small business owner, you may face the issue of whether to classify workers as employees or as independent contractors. Classifying your workers as independent contractors generally saves you money. That’s because you avoid paying employment taxes and benefits on their behalf.
Here’s a look at the new world of bank reconciliations and some ideas to use to ensure your bank account is accurate.
With the April 15 tax filing deadline right around the corner, here are answers to some common tax questions.
We hope you are doing well. Here is a recap of market performance for the month of February and year-to-date: Stocks increased during the month of February. US small stocks performed best, followed by US large cap and international stocks. Bonds, however, have lost money both for the month and the year, as interest rates continued to rise.
Many business owners hire their children, their spouse, or other family members to work in their business. Sometimes this works out well. Other times it causes problems. Let’s look at the pros and cons of putting family members on your payroll.
