Summary: Is there an activity you enjoy so much that you’d like to turn it into a business? This can be the start of a new, great chapter in your life. Click through for some financial advice on your road to living your dream. Maybe you see how an off-hours activity can become a profitable […]
Summary: Investments in real estate are not without risks, but can be one of the safest bets. Owning a vacation rental home can be a great way to do this, but you must understand the financial implications. Click through for a review of the tax issues. Purchasing a vacation home and renting it when you […]
Summary: You know that taking out a life insurance policy is the best way to provide financial protection for your loved ones. Now is the best time to get life insurance. Click through to learn how much life insurance you need. Your goal when taking out a life insurance policy is to provide enough financial […]
Summary: Artificial intelligence is a hot topic. Some think it will revolutionize businesses, while others say it’s the end of civilization. But in reality, AI — properly used — can be an enormous help in your business. Click through for an introduction to an exciting, controversial world. It is too late to ban your employees […]
Summary: Do you need to improve your three-digit FICO credit score this year? Applying for a secured credit card can actually help. Click through for the details on this important but little-known option. A secured credit card acts much like a traditional credit card. You can use a secured credit card to make purchases. You […]
Summary: Diversity and inclusion initiatives address a spectrum of minority and disadvantaged groups, but sadly those with either visible or invisible disabilities are often forgotten. Click through for some advice on how to keep them in mind at your business. Despite diversity initiatives, at least one important cohort still trails in corporate practices — those […]
Summary: Facing an IRS tax audit can feel overwhelming, but with the right preparation, you can navigate the process confidently. Click through for practical advice on how to respond to IRS requests, protect your rights and minimize stress. If you’ve been selected for an IRS audit, don’t panic — preparation is key. Start by carefully […]
Summary: The Fair Labor Standards Act provides that unless exempt, employees covered by FLSA must receive overtime pay at established rates. But that’s just the basic outline of an important series of rules. Click through for an introduction to the details and exemptions. Before we can fully understand what overtime is, we need to understand […]
Summary: Filing taxes for your business can be complicated, with even small mistakes leading to missed deductions or higher tax bills. Ever-changing tax rules only add to the challenge. Click through for practical advice on avoiding the most common business tax pitfalls. Staying proactive and detail-oriented can help you avoid the most common inaccuracies on […]
Summary: No homeowner enjoys paying for private mortgage insurance (PMI), which protects your lender in case you default. But how much can you save by coming up with a down payment that is large enough to eliminate PMI from your loan? Click through for the details. Your lender is taking a risk by loaning you […]
