Selling a small business or company means income, and income denotes taxes. But how you structure your business can make a big difference in how much of the money gotten from the sale...
Posted by BEST FINANCIAL GROUP LTD on 05/22/2022
For many workers close to retirement, the desire to settle somewhere cozy and quiet, away from the hustle and bustle of their working years, is real. If the idea is to enjoy retirement,...
Posted by Income Taxes and Bookkeeping LLC on 05/10/2022
Borrowing money from family members can be a risky business. And while all debt is risky, family loans come with all kinds of dangers.In spite of the fact that family lenders don't...
Posted by Abundant Wealth Planning LLC on 04/26/2022
There is no such thing as free money, but dividend reinvestments come pretty close.You will likely see assets classified as dividends in your accounts during your investment journey....
Posted by Taxes Made EZ Inc on 04/09/2022
Charitable life insurance donations offer a way to raise funds to increase donations and reduce taxes.This is a less common strategy. There are a variety of tax considerations and...
Posted by James Financial Services Inc on 02/28/2022
The idea of offering or receiving cryptocurrency would have been unheard of some years ago. Now, this is completely normal. According to a recent BlockFi poll, one in 10 people donated...
Posted by Dennis Jao on 01/21/2022
It is never an easy ordeal, losing your job, whether emotionally or financially. Regardless, it is crucial to continue to be proactive regarding your finances and tax status....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/09/2022
After the death of any property owner, their property must be accounted for and distributed based on their wish. As a result, there should be a will, which should name parties executors...
Posted by CORE PERFORMANCE on 12/18/2021
Starting a new business comes with many upfront tax issues. Let's take a look at some of the tax considerations you need as an entrepreneur when starting a business, including...
Posted by James Financial Services Inc on 11/21/2021
