If you have children, you may be able to reduce the amount of taxes owed for the year using tax credits and deductions. Here are several tax benefits you might be able to take advantage of when you file your
The Tax Benefits of Owning Real Estate Homeowners are generally aware of the tax benefits they receive from owning their house. Often, having a home is the main reason to itemize your deductions rather than taking the standard deduction. Some
If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it’s a bad credit record or bankruptcy resulting in the loss
Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Not quite. You can’t let your business run on autopilot and expect good results.
In recent years, the economy has shifted rapidly. A growing number of companies are downsizing and hiring subcontractors for dedicated projects. This means more individuals are becoming self-employed and filling the needs many companies have because of their downsized workforce.
The marketplace today is more competitive than at any time in history. On the one hand, the digital age has opened more small business opportunities than ever before. On the other hand, with many of these opportunities, the barrier to
If you paid someone to care for a person in your household last year while you worked or looked for work, then you may be able to take the Child and Dependent Care Tax Credit and reduce the amount of
When people think of tax reduction strategies, life insurance is not often at the top of their list. It is true that term life insurance does not provide any immediate tax benefits, but permanent life insurance is an entirely different
Financial advice for small business owners is everywhere – from seasoned financial experts to individuals who have been running their own companies for years. While there is a wealth of beneficial information to read up on regarding general accounting practice,
The U.S. Department of Labor recently issued new overtime rules that will become effective December 1, 2016. The new rules raise the salary level for workers to be eligible to receive overtime pay by more than double. The current threshold
