Hire a Pro or Do it Yourself – the Best Way to File Taxes
Does it feel like you just finished last year’s taxes? Well, believe it or not it’s almost time to do it again. Every year the tax laws and policies change, so each year you will have to be aware of these changes and additions. However, there are some things that never seem to change. With that in mind let’s review some of the top tax tips for year-end tax planning.
The Research and Development Tax Credit: Claim What You Deserve
The Research and Development Tax Credit: Claim What You Deserve By Shane T. Frank Many manufacturers are not aware that federal and state research and development (R&D) tax credit programs exist that may reward their day-to-day efforts aimed at producing a more efficient product. The Research and Development Tax Credit is a government-sponsored benefit that…
8 Rules of Building Wealth
8 Rules of Building Wealth Forget Performance; look at fees! Remember that it’s not what you make, it’s what you keep. When evaluating an investment evaluate the cost to generate an investment return. If you are using an investment manager compare the performance of the investment net of fees. Be careful when entering into non-tradition…
Is Accounting Boring?
Is Accounting Boring? By William Brighenti I’ve noticed on Twitter a bunch of tweets from younger people complaining that accounting is boring. This may very well be true for those who are not accountants. Non-accountants include those individuals who once loved accounting until they took intermediate accounting in college and then switched their major to…
Business Plan
Business Plan A business plan precisely defines your business, identifies your goals, and serves as your firm’s resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific…