Starting A Business? 3 Steps To Avoiding A Surprise Income Tax Bill
14 April 2017
Starting a new small business venture comes with some new challenges and responsibilities. Dealing with the income taxes involved is one of those aspects that no one looks forward to. But, with a little advance understanding of how taxes will work and some planning, you can successfully meet the challenge. Here are 3 steps to doing so.
Meet With a Tax Preparer. To understand how your new business income will affect your income tax filings, you should begin by meeting with a qualified professional with experience in tax preparation early.
Not Enough Money In Your Small Business? 4 Ways To Improve Cash Flow
11 April 2017
Small business owners often struggle with cash flow. Keeping the money coming in and going out at a pace that they can handle is vital for any business, but it's something that tiny businesses often find challenging. If you want to improve your cash flow, here are 4 steps to success.
Price Things Right. Simply selling goods or services doesn't help generate sufficient cash if you're not making a profit on them.
Tips For Choosing A Trustee
5 April 2017
When you set up a trust, you will also need to decide who will manage the trust. The responsibilities involved with managing a trust includes investing the money, making sure the applicable taxes are paid, and doling out the payments as scheduled to the beneficiaries. As you can see, who you choose to manage the trust, known as the trustee, should be an extremely well thought-out decision. Here is what you should know before you choose a trustee.
What To Do If You Can't Afford To Pay All Of Your Bills
27 February 2017
Ideally, you should pay all of your bills on time every month. This can help you remain in good standing with your creditors and can help you avoid late fees, hits on your credit, disconnections, and other negative things. However, things can happen, and you could find yourself in a situation in which you just do not have enough money to pay all of your bills. If you do find yourself in this situation, following these three steps can help.