When the Tax Cuts and Jobs Act (TCJA) was signed into law in late 2017, it set in motion the most dramatic overhaul of the federal income tax system since the 1980s. The new law generated many headlines about reduced…
The new federal tax legislation signed into law in late December 2017 triggers a massive overhaul of the U.S. tax regime. The Tax Cuts and Jobs Act (TCJA) has been widely heralded as business-friendly, and that description is no joke.…
Do you truly understand your company’s financial statement? If you have a good handle on its three components — the balance sheet, income statement and statement of cash flows — you should be equipped to make wise business decisions. Behold…
If you manage your finances well, you might have extra cash after you’ve paid your monthly bills. What should you do with this extra money? You could spend it, of course, or invest it for the future. But there’s another…