“I’ve got the money—I’ve got credit cards, and I’ll always make more money later” is a statement frequently made by many twenty-somethings. But what they aren’t realizing is that their ...
This article goes over the basics of writing a will. It explains what people need to be identified, what clauses need to be included, and what happens in probate. After reading this article the read ...
You've got a great idea for a small business and want to get started. Before you do, take the time to ask yourself some questions. Think through the answers and then start putting together a busines ...
If you sell your main home, you may be able to exclude up to $250,000 of the gain on the sale ($500,000 if you are married filing jointly). Any gain that is more than those amounts would be taxable a ...
One of the keys to the success of your small business will be not only having sufficient capital and financing, but also properly managing your finances. Some of the principal aspects involved in mana ...
Once you have finished preparing and filing your income tax return, what do you do with your supporting documentation? Which records do you need to keep, how should you file them, and how long do you ...
The first time many people hear the term lupus is when a doctor begins to test for the condition or when a family member or friend is stricken with the disease. In a recent survey conducted by the Lup ...
Managing cash and controlling costs are crucial to any business. There may be times when you have to actually cut costs, either because they are excessive, or because your business is going through a ...
Medical expenses, in order to be claimed as an itemized deduction on a U.S. federal individual income tax return, need to meet the criteria that the Internal Revenue Service (IRS) has established. Pr ...
When you start up a business and set up your accounting, what values do you assign to your assets? Or, when you acquire property by purchase, exchange, conversion, or other means, what value should b ...
Using a pre-defined chart of accounts that you find in a bookkeeping or accounting software package may work fine for your business. Or you may find that you need to adapt or accommodate the chart of ...