Before you can turn a profit, you first have to break even. Be conscious of the areas in which losses are occurring and have a plan for steering your company into the black.
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Ten Tips for Creating an Effective Estate Plan
Whether your estate plan is simple or complicated, many details can undermine the effectiveness of your plan. But, there are also ways to ensure the effectiveness of your plan.
Justifying Late Tax Return Filings
It is obviously important to any financial plan that tax returns be filed on time. However, the IRS will accept certain reasons for failure to file returns on time.
S Corporations vs. LLCs: Which Entity Is Right For You?
The LLC is quickly becoming the entity-type of choice among many small and medium-sized businesses. However, some business owners are still more comfortable with the more traditional S corporation, which provides many of the same benefits as an LLC.
Advance Directives: Quality of Life Issues
Advance directives can provide instructions for how an individual wishes to have their affairs handled in the event of an untimely contingency.
Which Filing Status Makes Sense for Me
While choosing a tax filing status may seem straightforward, the decision to file as single, married, married filing separately, or head of a household can become surprisingly difficult,.
Help Protect Your Business with Disability Income Insurance
How long would you be able to cover your personal and business expenses if your income and revenue were to stop suddenly due to a disability?
Important Steps in Preserving Your Estate
Timely planning is necessary to preserve the assets you have worked so hard to accumulate and to protect your loved ones. The key to successful estate preservation is planning. So, don’t put it off. Consider taking these important steps now.
Claiming a Deduction for Your Home Office
If you have an office in your home, you may be able to deduct a portion of the costs of owning and operating your home (including depreciation) as a business expense.
Retiring Business Owners - Plan for Succession
It may be difficult to imagine your eventual transition into retirement. Yet, if you want to build personal financial security and ensure business continuation, it is important to plan ahead.