The Small Business Administration estimates that in 2021, there were 32.5 million small businesses in the U.S., and that those businesses make up more than one third of their owner’s non-financial assets. The questions that every small business owner must…
Investing doesn't have to be rocket science. The basic idea, is to put your money to work so it grows into a lot more. Of course, in practice, investing is much more complicated, and the tax bill can be daunting…
The biggest threat to the average investor’s gains isn’t risk or even a sudden downturn — it’s the tax man. Whether you barely break even, or make a killing investing in the top dividend-paying stocks, you’ll have to give the…
Colorado overhauled its state tax code in 2021, and many of the changes will have an impact on investors. Additionally, the federal government has adjusted various tax laws in response to inflation and the pandemic, so the tax landscape may…
Like all Americans, I am incredibly sad and scared for both the Ukrainian people and, quite frankly, the Russian people. Russian President Vladimir Putin’s unprovoked, full-scale invasion of Ukraine has rocked the globe and has resulted in needless death and…
Whether you’ve already built an investment portfolio or are just getting started, it’s important to understand your investment goals and track your progress along the way. Keeping an investment journal is a simple and effective way to monitor your journey.…
Running a small business can be fulfilling — you make major decisions, you can make an adaptable timetable for yourself, and as a rule, you're accomplishing something you're passionate about. However, it’s additionally accompanied by its reasonable share of difficulties.…
This tax season may come with more questions and complications than ever before for some families and small business owners. Here’s an overview of items that solo attorneys and small law firm owners may not know they can deduct when filing their taxes.
This is a concern for many small businesses, especially in today’s economy while the world continues to recover from the effect of COVID-19 and supply chain issues which are impacting all industries.
Higher interest rates, inflation, continuing issues with COVID-19, and the pandemic’s potential impact on the economy will make 2022 difficult from a financial perspective. However, if you have a game plan, it will seem less daunting, particularly when it comes to your financial picture.
Navigating financial matters can be challenging. Your financial goals and priorities can shift over your lifetime. Retaining a financial advisor provides you with the necessary experience to handle this critical area of your life.
While it’s true that debit and credit cards will likely be around for some time, it’s clear that technological innovation is introducing other convenient and useful payment methods. Businesses seeking growth would be wise to pay attention to these emerging payment solutions and devise strategies on how to adopt them to best meet the needs and desires of customers.
Many financial advisors and other economic experts advise that most Americans will need between 55 and 80 percent of their pre-retirement income when they retire if they want to keep their current lifestyle.
A recent study found that over half of all Americans carry a credit card balance from month to month, and that since the beginning of the pandemic in March 2020, 44% of Americans have taken on more credit card debt. Here are some tips to get out from under your credit card debt.
Here’s a question for all Accounts Payable (AP) managers and treasury professionals: How often do you think about payments after you’ve made them? The fact is, analyzing your company’s AP spend is the best way to find out where you can save time, money and where you can earn new revenue.
From automating invoicing and payment collections to managing risk and providing a safe, secure customer experience, digital payment solutions add value, in the post-COVID environment and beyond.
A fringe benefit is a form of compensation, cash or noncash, for the performance of service. Here's an overview of both nontaxable and taxable fringe benefits and how to account for them.
A lot has changed in the financial industry in the past two years. If you are a current or potential small business owner looking to apply for a commercial loan, here are some expert tips that you should keep in mind throughout the process.
Diversification is an essential technique used to reduce the risk of investing by spreading investments over different financial industries, instruments, and in other categories. The key is to diversify allocations so that each reacts differently to the same type of event
Parents who encourage their teens to start investing early on in life can help them get a head start on retirement and instill good financial practices. Here are some helpful tips to teach your teens about the basics of investing.
As more economic stimulus has been poured into the economy over the last year in an attempt to stave off the worst effects of the pandemic, an increasing number of economic professionals have warned against a coming spike in inflation. Finding ways to creatively cope with a potential loss in the real value of company holdings is something every business should consider.
Small Business Administration (SBA) loans are one avenue to assist business owners with growth plans, including business purchases, partner buyouts, business expansions, owner-occupied real estate purchases, construction, renovations, buildouts, refinancing business debt, start-up franchising and working capital needs.
Capital can be hard to come by, particularly in uncertain economic times. However, one option many people overlook is the potential of their retirement savings. Let’s review some tips that can put you on the most positive road to utilizing your retirement assets, along with some key aspects that it’s important to consider.
Teaching your kids about finances from a young age can help them build a healthy relationship with money and give them a head start on saving and establishing wealth.
