Summary: It can be possible to settle your tax debt for less than you owe, but you have to know how the system works. If you’re suffering from financial hardship, click through to learn how to take advantage of an IRS program. Despite its reputation, the Internal Revenue Service can be flexible in situations where you […]
Summary: You know that an accurate account of expenses is vital to keeping your business in the black, but there’s more than one way to keep your accounts. Click through to learn the pros and cons of the two most common accounting methods. Every business has to keep track of money flow, but there’s more than […]
Summary: Need money for college? Loans are available, but your options can get confusing. Which programs are out there, and are they right for you? Click through to learn about borrowing options so you can make informed choices about financing college. Planning for college for yourself or a child? If you can’t pay cash for your […]
Summary: There are many things you must do when you close a business. One is to make things right with the IRS. Click through for an overview of your tax responsibilities as a business owner when you’re ready to move on. The decision to close a business’s doors for good is never an easy one. However, […]
Summary: Defined benefit plans offer guaranteed retirement benefits for employees. How do these time-honored plans work? Click through to see advantages, disadvantages and tax considerations for employers and employees. Defined benefit plans are retirement plans that are largely funded by employers, with payouts based on a set formula that considers employees’ salary, age and tenure with […]
Summary: Everyone talks about making workplaces more inclusionary for employees with disabilities, but what are they really doing? Click through for some insights into how to make your business more welcoming to the disabled. How do you get the best employees to work at your company? Start by making your company more inclusive. Even though you […]
Summary: If you’ve inherited an individual retirement account, you need to learn the complex rules that govern how you must handle it. Click through to learn how to avoid making decisions that can result in very expensive consequences. Have you inherited an IRA following the death of the owner? Are you the spouse of the original […]
Summary: The depreciation tax break can be nice, but it’s one of the more complicated parts of the tax code. It’s easy to make a mistake, as the IRS draws some fine lines. Click through for the details so you neither violate the rules nor leave money on the table. Depreciation is an annual tax deduction […]
Summary: Escrow accounts allow homeowners to set aside money each month to cover insurance premiums and property taxes. Click through for some thoughts on the pluses and minuses so you can find out whether an escrow account makes sense for you. With the flexibility offered by an outsourced chief financial officer, you’ll have access to expertise […]