Summary: When you hire diverse people, you demonstrate inclusion, which helps both employees and employers. Click through to see how you can increase workplace diversity by acknowledging bias and taking strong action to create a company that respects and celebrates differences. When you hire people of different ethnicities, cultural backgrounds, sexual orientations and genders, […]
Summary: Are you part of a blended family? You will have special estate planning challenges, both financial and emotional. Click through for some tips on creating a plan that is equitable and makes sense for your situation. If you’re in a second marriage, you and your spouse may both have children from previous relationships. You don’t […]
Summary: Everyone knows standard paychecks are subject to tax withholding, but other kinds of payments may be subject to withholding as well. Click through for an introduction to withholding rules that affect both payer and payee. Payments such as fees to an independent contractor — as opposed to an employee — are not typically subject to […]
Summary: Few business tax issues are as confusing or as subject to misunderstanding as what you can deduct. Mistakes can lead to wasted money and serious legal trouble. Click through for an introduction to what is and what is not deductible. When you’re filing your tax returns, what expenses can you deduct from business income? It’s […]
Summary: IRAs are tax-favored personal savings accounts that set aside money for retirement. Most people have heard of them, but not everyone knows the tax details. Click through to make sure you understand how the tax advantages work. IRAs — individual retirement arrangements — are among the most popular retirement savings vehicles. They can be used […]
Summary: Tax years are based on annual accounting periods in which you keep records and report income and expenses. A tax year may not be a calendar year. Click through to discover the myriad annual accounting periods you may or may not adopt. A tax year is an annual accounting period for keeping records and reporting […]
Summary: You can refinance a home to save money or make it easier to pay your monthly bills. But it can be tricky to figure out when a refi makes sense. Click through for details that will help you make the right financing decision. When you refinance, you get a new mortgage to pay off your […]
Summary: Is the lure of taking your company public becoming irresistible? Maybe it’s time, but there’s a lot to think about first. Click through to read an introduction to this complex and risky step so you know what you’re getting into. If you own a business, you may find yourself imagining that moment when […]
Wills and trusts are two of the most versatile and powerful tools you’ll have when making long-term plans for your estate. But what are the differences, and which one should you use? Click through for a review of wills and trusts. A will is a written document expressing your wishes for disposal of your estate […]
Whether your firm is experiencing rapid growth or struggling financially, you can turn to expert advice without expanding head count. Click through for information on hiring a CFO for a set period to get yourself on track. Your business is off and running, but you don’t feel you have a handle on the finances. What […]