Money

There are some things in life that go together well and others that definitely do not. Business and personal finances are in the category of items that should not be mixed. Although it may seem like a headache to keep them separate—who wants to manage all those bank accounts?—your life will be...

Since 1986, lawmakers have limited business meal deductions: first to 80 percent, and then to 50 percent (unless an exception applies). But on December 27, 2020, in an effort to help the restaurant industry due to the COVID-19 pandemic, lawmakers enacted a new, temporary 100 percent business meal deduction...

It’s a no-brainer. Everyone wants to be rich, right? Or at least financially independent, not to have to worry about bills or to have to scrimp and save to get by. But if you’re like most people, all those good intentions come up against the sharp, cold reality of paying the mortgage...

Living paycheck to paycheck is exhausting. The money never seems to be there, or if it is, it’s never quite enough. You know there has to be a better way because you can see it. Around you are people, who seem to be doing just fine. What is it they have that...

The first thing you need to do before you create a spending plan or budget is to know where you stand right now. In the last post, we discussed getting everything together so that you know where you stand. Now we’re going to talk about setting up a spending plan or creating...

Start at Part 1 of this 5 part series. So what do you need to do in order to sell your Amazon business? Below, we look at a general overview of what the selling process might look like, and how this works when a good broker is involved.

The world of investing is daunting for many people. There’s so much to learn and a lot of terminology that isn’t part of the everyday lexicon. Dividends, EPS, historical returns… and what exactly is an NFT? But once you’ve mastered the basics and the language of investing, there’s another...

Introduction: What is Traditional Budgeting? Traditional budgeting is a widely used method of managing personal finances that involves setting specific spending limits for various expense categories. It is a systematic approach to money management that helps individuals track their income, plan their expenses, and ensure financial stability.

Introduction Taxation is an integral part of any functioning society, and in the United States, the Internal Revenue Service (IRS) is responsible for managing and enforcing tax laws. Understanding common tax issues and their resolution is crucial for every taxpayer to successfully navigate the complex world of taxes. This...

Introduction Setting financial goals and managing our finances wisely are key elements in achieving financial stability and success. One approach that has gained significant recognition in recent years is goal-based budgeting. This method emphasizes the alignment of one's budget with specific, well-defined financial objectives, enabling individuals to make informed...