Money coming in, money going out — that’s what gives life to any business. But effectively managing cash inflows and outflows doesn’t happen without strong intent and conscious planning. Let’s look at the most important considerations for creating and maintaining…
Making charitable donations is a high priority for many individuals and families. Doing so enables them to support charitable organizations and causes they believe in financially and may lower their income taxes. Under current tax law, donations made to qualified…
It’s probably safe to say that your goal as a business owner is to make, not lose, money. But there are situations in which your company might be able to benefit from business losses. If your company’s tax-deductible expenses exceed…
Roth IRAs are a popular choice for many individuals wanting to enjoy tax-free growth and distributions of their retirement savings. In addition, many 401(k) plan participants create separate designated Roth accounts within their plan to hold their designated Roth contributions.…
