Making Better Financial Decisions

  • Why Should You Hire An Accountant For Your Small Business Accounting Needs?

    16 June 2020

    If you are a small business owner, you are used to doing everything yourself — or at least doing almost everything yourself. This likely includes managing your books and doing your accounting. However, an option that might benefit you is to hire a small business accounting professional or firm to help you with your small business accounting. Get to know some of the main reasons you should hire an accountant to take care of these things for you.

  • Tax-Free Real Estate Transfers To The Next Generation

    20 May 2020

    If you plan to transfer real estate property to your estate, the current lower values provide an opportune time. A larger percent of assets can be gifted without triggering a taxable event. The 2020 federal estate and gift tax exemption reform, moreover, doubles the exemption amount to $11.58 million for individuals.  Real estate transferred to your estate over federal and state exemption amounts will be taxed at 40 percent. Alternatively, you can adeptly deploy tax strategies to allow assets to appreciate outside of taxable structures.

  • Tips For Getting Your Finances In Order And Working With A Planner

    29 February 2020

    When you are trying to really grow your finances to the best of your ability, you would do well to touch base with the right financial advisor to help you. They will lay out a blueprint that can help you take your finances to new levels and also prevent problems that may be eating up your cashflow before you have the chance to properly invest.  Use these tips to match up with the best financial advisor for the job while also working the strategies that will secure your financial life for the future.

  • 3 Reasons You May Want a Payroll Company as a Business Owner

    19 February 2020

    Running a business comes with a lot of responsibilities and things for a business owner to worry about. If your business has multiple employees, ensuring your employees are paid accurately is one of those worries—but it doesn't need to be. Outsourcing your payroll responsibilities has many benefits, no matter the business. Payroll companies will ensure that your payroll is done the right way. They can provide several services for your company, including keeping track of attendance, dealing with taxes and benefits, setting up direct deposit accounts, and making sure your company is following all laws and regulations.

  • 4 Things A CFO Business Advisory Service Can Provide Your Business With

    18 February 2020

    As your business grows, it makes sense to bring in outside assistance to help you with the financial aspect of your business. A CFO advisory service allows you to outsource the job of having a chief financial officer to an organization who has a whole team of financial experts who can work together to help your business grow. Provide Accurate Financial Analysis First, a CFO advisory service can provide you with an accurate financial analysis of how your business is doing.

  • 3 Important Tips For Managing Your Wealth In 2020

    14 February 2020

    2020 is just getting started, which means you still have a chance to get on top of managing your wealth at the start of a brand new decade. The start of a decade is a great time to assess your wealth and finances and make important financial goals for your future. Review Your Investments Start the decade off by reviewing both the personal and retirement investments that you have made in the past.

  • What Can a Broker-Dealer Help With When Getting Into Trading?

    11 February 2020

    If you are hoping to get into trading, you might have heard about just how successful some people can be with it. You might have even been doing some research to learn how to do your own trading, but this doesn't mean that it's not worth it to work with a broker-dealer. These are some of the different things that a national broker-dealer consultant can help you with when you get into trading.

  • 4 Retirement Planning Issues Everyone Should Care About

    10 February 2020

    Putting together retirement plans means dealing with a number of financial issues. Whether retirement is decades away or just around the corner, it's a good idea to address the following four areas of concern. Timing and Taxes A number of retirement accounts are designed to have tax benefits that only kick in if you hold onto the money until a certain point. The classic version of this is being able to withdraw money from certain kinds of 401k accounts at or after the age of 59.

  • 4 Smart Financial Tips For Young Adults

    7 February 2020

    As you enter the working world, it is time to get smart about finances. By making smart financial choices from the start of your working life, you can set yourself up for a great financial future. Smart Tip #1: Protect Your Wealth with the Right Insurance The first thing you need to do as a young adult is to make sure you are protecting your wealth with the right type of insurance.

  • Fee-Based, Commission, Or Fee-Only — Which Financial Planner Should You Use?

    7 February 2020

    Do you want to work with a financial planner? Many Americans underestimate the value of using a trained professional to help manage their investments — even modest ones — to make the most of their money and the time they have to plan. Part of the reason that financial planners are underutilized is the perception that this will cost significant amounts of money.  The reality, though, is that there are a variety of ways to make financial planning services more affordable.