Understanding IRAs for You and Your Employees IRA stands for Individual Retirement Account, which is a type of retirement account in the US that provides tax incentives and is helpful for providing financial security for their retirement. They can be set up with a bank or other financial institution, a life insurance company, mutual fund, […]
Excellent record keeping is like building a house: without a good foundation, your house will collapse. You can avoid most problems that arise from not having up-to-date records with good record keeping. This will help you keep the proper documentation of the company, which is necessary for important decisions. How to keep your records Keeping […]
After the pandemic hit, I think most of us are working at home much more frequently. Remodelers are busy with a lot of types of home renovations, a lot of them for home offices. Is this a legitimate business deduction? Yes, actually it’s a pretty good one as long as you follow certain criteria. Listed […]
As an entrepreneur, it only makes sense for you to keep one eye on your business, and the other on situations that could cause trouble for your company. While there are many reasons why small businesses fail – or turn less than the healthy profit they deserve – research suggests that one of the main […]