by Accent452023 | Dec 30, 2016 | Business, Retirement Planning, Taxes
Even the most dedicated small business owners eventually want to retire. But succession planning can be tricky. If a transfer to an outside party isn’t feasible, an alternative is to consider selling your business to your employees. The big question is How? One...
by Accent452023 | Dec 22, 2016 | Business, Security, Taxes
Though you may have thought bank safe deposit boxes no longer existed, these secure containers are still around, and can be useful for storing difficult to replace items, such as deeds, contracts, and your home inventory. Should you have one? Here’s what to...
by Accent452023 | Dec 15, 2016 | Business, Taxes
When your business makes money, you pay income tax on the profit. What happens when your business deductions are greater than the income in a particular year? In that case, the result is what’s called a net operating loss, or NOL, and you may be able to benefit...
by Accent452023 | Dec 8, 2016 | Business, Taxes
Rising business receivables can be a sign of a growing, prosperous company – or of troubles ahead. How can you know if your receivables are right-sized for your business? Start by breaking down the numbers. A report of your receivables listed by age will give you the...
by Accent452023 | Dec 1, 2016 | Business, Retirement Planning, Taxes
As the end of another year approaches, you’re looking for ways to reduce your tax bill. You have a handful of stocks in loss positions. You like the stocks and expect the prices to rebound. Should you sell now at a loss to offset other capital gains, then buy...
by Accent452023 | Nov 25, 2016 | Business, News, Taxes
Security breaches of confidential data capture the global news headlines on a daily basis. Identity theft has become so commonplace that credit card companies and banks market their protection efforts as free services to their customers. The IRS is at risk too, with...
