4 Retirement Investing Tips

If you’re investing during retirement, you’ll likely be placing a premium on immediate income generation. Investing during retirement doesn’t provide the same luxury of time or alternative income sources as pre-retirement investing. This means that the investments themselves must yield consistent income. Suppose you’re retired or will retire soon. In that case, you also have… Continue reading 4 Retirement Investing Tips

Accounting Outsourcing Do’s and Dont’s

Given the approaching tax season, are you dreading clearing the accounting and bookkeeping work piled on your desk? Opt for accounting outsourcing to deal with the issue quickly and perfectly. This is the simplest way for accounting firms and CPAs to deal with a heavy workload to meet customer demand during the peak tax season.… Continue reading Accounting Outsourcing Do’s and Dont’s

Wage Garnishment – What You Need To Know

Understanding Your Wage Garnishment Are your wages being garnished? Wage garnishment can occur because of a court order or judgment. It can also happen because of unpaid taxes, defaulted student loans, child support, and other issues. The key idea is that a portion of your paycheck is held back to make these payments. Learn the… Continue reading Wage Garnishment – What You Need To Know

Understanding Employee Taxes

Employee taxes can be among the most difficult to understand when running a business and hiring employees. If you don’t understand the complexities involving employee payroll tax, it can also get you into a heap of trouble. The first employee tax factor you should understand is what taxes you are responsible for as an employer.… Continue reading Understanding Employee Taxes

Accounting Method – Cash or Accrual – What’s The Difference?

When starting a business, you must determine your method for accounting and paying taxes. The two choices are the cash method and the accrual method. Cash Method The cash method is probably your best accounting choice if you want simplicity. Generally, income and deductions can be claimed when payment is received or made. This is… Continue reading Accounting Method – Cash or Accrual – What’s The Difference?

7 Inflation Tips

Inflation can eat up your savings and plans for the future. However, you can take steps to protect yourself from inflation. Consider these tips to protect your finances:   Understand purchasing power. Purchasing power refers to your ability to buy items such as necessities and luxuries. One of the main issues with inflation is that your purchasing… Continue reading 7 Inflation Tips

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