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money habits that keep you poor

7 Common Bad Money Habits that Keep You Poor

Today, we’re diving into a critical topic that affects so many of us: bad money habits. Over the last 25 years, while consulting with clients from all walks of life, I have learned a lot about myself and my clients’…

avoid the middle class rate race

Middle Class Habits Keeping You in the Rat Race

I’ve spent over 25 years in the world of finance as a accountant and licensed CPA, working with middle-income individuals, and many high income earners. And through the years, I’ve identified the mistakes people consistently make in their day-to-day lives…

important 2024 tax change

Most Important 2024 Tax Change for the Middle Aged

Attention savvy taxpayers! If you’re part of Generation X or age 50 or above, buckle up because we’ve got some exciting updates on the 2024 tax law changes tailored just for you. Now, these tax modifications have the potential to…

What the New 2024 IRS Adjusted Tax Brackets Mean for You

What the New 2024 IRS Adjusted Tax Brackets Mean for You

Inflation has been soaring and your money can not buy what it used to, but take heart Americans the IRS has taken notice. In response to high inflation, the IRS has recently adjusted all of the income tax brackets for…

understanding construction and contractor taxes

3 Things to Consider When Starting a Construction Company

Are you starting your new construction company or general contractor business? Today, Sonia Narvaez – Licensed CPA, shares 3 Things to Consider when Starting a Construction Company. Sonia has 25 plus years of accounting experience. And by now, she has…

Expat Tax Filing

What Expats Need to Consider When Filing Taxes

The Foreign Earned Income Exclusion and Foreign Tax Credit benefits usually alleviates the need for most expats to pay US expat taxes. However, expats still need to file taxes annually if their gross worldwide income is over the filing threshold,…

tax tips

How to Start a Business When Your Financial History Isn’t Perfect

If you dream of becoming a successful entrepreneur, you’ll have to invest some money and energy into making your vision a reality. Business News Daily reveals that even starting a small micro-business costs about $3,000. If you have a subpar…

finances

Top Tax Tips for New Freelancers Who Want to Avoid IRS Issues

Working as a freelancer can give you so much flexibility and freedom. If you’ve just started as an independent contractor or freelancer and haven’t given any thought to your taxes by now, you could be making a big mistake. Taxes…

tax questions

Common Small Business Tax Questions

While all businesses must file an income tax return each year, simply determining what your business owes the government and what deductions your business may be entitled to can leave some business owners confused and not maximizing their potential for…

PPP Loan Forgiveness

PPP Loan Forgiveness Terms Made Simple

Thousands of small business owners applied for and received Paycheck Protection Program (PPP) funds. The SBA-backed loans were designed to help businesses keep their workforce employed during the COVID-19 pandemic. Borrowers can apply for forgiveness once all loan proceeds for…

Cost Increases Causing Lunchflation
business metrics

Cost Increases Causing Lunchflation

  • July 1, 2022
  • by Staff Writer
  • No Comments

Due to increased costs, restaurant owners are being forced to increase their prices, which is affecting business lunch eaters. Lunchflation is a newly coined term that refers to the increase in food prices at lunchtime. With labor and ingredients becoming…

Why economies crash
business analysis

Why economies crash

  • June 26, 2022
  • by Staff Writer
  • No Comments

In his new book The Illusion of Control, Jon Danielsson is about our love-hate relationship with finance. For an economy to grow, banks need to accept the right amount of risk. The problem is, no one knows what that level…