Spending money can be fun. But you also need to realize that your spending habits are very important and in some ways determine your financial success. It is just as important as saving...
Posted by The Accounting and Tax on 09/07/2017
For many small businesses, the ability to spend large amounts of capital for upgrades or replacing equipment might be limited. Therefore, a business owner might look for capital at...
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
When opening a restaurant, you have multiple items on your mind. This can include setting up the equipment, choosing a menu and of course, handling the administration and bookkeeping....
Investing in rental properties can be a significant income stream or provide an income supplement throughout the year. However, this investment also comes with potential tax implications,...
Investing in rental properties can be a significant income stream or provide an income supplement. However, this investment also comes with potential tax implications. Working with...
Many people who receive a tax refund thanks to the student loan interest deduction will go and spend the money on a fun trip or something that is frivolous but that they have wanted...
Posted by Shabnam Merali on 03/02/2016
Most likely, living in Miami, Florida, you have considered the possibility of buying property for the purpose of renting it out. Rental property can be a great source of income,...