Slow paying customers, seasonal revenue variations, an unexpected downturn in sales, higher expenses — any number of business conditions can contribute to a cash flow crunch. If you own a small business, you may find the suggestions that follow helpful in minimizing cash flow problems. Billing and collections. Your employees need to work with clear guidelines. […]
The Family Foundation: Sharing Wealth and Values
A family foundation can be a tax-efficient way to share some of your estate with causes that are important to you. Donating to charities whose work is important to you can be a satisfying way of sharing the fruits of your financial success. But finding the most effective vehicle for charitable giving can be challenging. […]
How Mutual Fund Investments Are Taxed
Do you invest in mutual funds? Unless you hold your investment in a tax-deferred account, you’ll want to consider taxes when you look at a fund’s returns. After all, it’s not what your fund earns but what you keep that counts. Distributions of Fund Income Mutual funds are required to distribute almost all of their […]
Look Into the Future
You don’t have a crystal ball, so you can’t say for sure what your retirement will look like. What you can do, however, is lay the groundwork now for the type of retirement you want. And that starts with determining where you are in your planning for retirement. It can be helpful to complete these […]
To Own or Not To Own: The Benefits of Being A Property Owner
Are you debating on whether or not to buy a home? There are some substantial benefits of being a property owner that goes beyond not having a landlord. Here, seven of those benefits are revealed. There are some standard deductions involved in home ownership that apply to all homeowners. Let’s look at the top four: […]
What Is Your Most Valuable Asset?
Your most valuable asset isn’t your real estate or the tech stocks you bought in the 90s that have done well. It isn’t even your business per se. Your most valuable asset is you — specifically your ability to run a profitable company and make money. Are you protecting that asset from the risk that […]