Summary: Job seekers want to work for companies with a reputation for being a good place to work. Many companies such as Apple, Eli Lilly and American Express are highly regarded for their corporate culture, leadership and performance because they prioritize employer branding. Click through for ideas on how you can develop your employer branding. […]
Summary: Many tax rules can limit your deductions from a business or other income-producing activity. One of them is the at-risk rules, under which your losses from an activity are limited to your amount at risk in that activity. Click through to learn how to recognize these. The at-risk limitations are the result of Congress’ […]
Summary: Would you enjoy joining, or even launching, a club for like-minded fellow investors where you can meet to discuss your financial ideas and discover opportunities? Click through to find out more about investment clubs. Groups generally make better decisions than lone individuals. They can amass more information and diverse points of view. That can […]
Summary: Members of the U.S. armed forces, veterans and their families may qualify for special tax benefits. The IRS provides information to make filing taxes easier to understand for those sacrificing so much for our country. Click through to read the details. Whether you have a simple or complicated tax situation, it’s worth knowing what […]
Summary: In 2023, the IRS issued a rule stating those assets in an irrevocable trust that are not included in the grantor’s taxable estate cannot receive a step-up in basis. Click through to see the effects of this ruling on your current irrevocable or planned irrevocable trust. Revenue Ruling 2023-2, issued in March 2023, made […]
Summary: Sales tax compliance can be a daunting task for small business owners, with rules and rates varying widely across state and local jurisdictions. Click through for an introduction to your sales tax responsibilities and a summary of common misconceptions. Sales taxes are levied by percentage on finished products at the point of sale, but […]
Summary: When it comes to investing, keeping more of your money matters. Tax-loss harvesting is a strategy that can help reduce your taxes by using investment losses to offset gains or even ordinary income. It can also carry unused losses into future years, providing long-term tax benefits. Click through for an overview. Tax-loss harvesting involves […]
Summary: Companies generally look for certain attributes in employees: knowledge, skills, abilities or a mix. What is best at your company? How do you navigate through the choices? Click through for tips on sound hiring practices. The various qualities you look for in new staff may be referenced interchangeably, but actually embody different traits. Ideally, […]
Retirement Plan Options for the Self-Employed Summary: The earlier you start saving for retirement, the more financially secure you will be when you reach retirement age — and that’s true for the self-employed. Click through for some valuable tips on how to work toward a comfortable retirement. Working for someone else will not necessarily guarantee […]
Summary: If you own a business, it’s important to correctly classify individuals working for you as either an employee or an independent contractor. This sounds simple, but it can get complicated quickly. Click through to learn how to avoid classification pitfalls. Before you can determine whether an individual providing services should be treated as an […]