Boost your return with tax smart investments
Tax-advantaged investments, such as a 401(k) or an IRA, are a great way to increase your long-term returns. However, you have to invest in the...
Author: Emil
Maximize deductions for self-employed individuals
If you’re self-employed and pay for your own health insurance and/or work-related expenses, be sure to maximize your deductions. Here are some key points: Regarding...
Reduce taxes and maximize your investments, don’t leave money on the table
A very successful businesswoman told me that she once asked her accountant why he did not take advantage of tax breaks for investing in new...
Financial Reporting: Have hard facts at hand
When I was a kid, my parents used to tell me to make sure I had "hard facts" at hand. What they meant was that...
Financial Controller: Have all your facts available so you can make informed decisions
The most important thing is to have all the facts available so you can make informed decisions. When people ask you what you do, they...
What to look for in an accountant based on level of expertise required
If you are looking for an accountant, the level of expertise required is one good way to distinguish between them. If you are starting a...
Keep your books in order, know what is happening with your money
I believe that accountants are the unsung heroes of civilization. Accountants are the people who know how the money works. If you have an accountant,...
Factor in all your business’s expenses
The accountant's advice is obvious: on your balance sheet, you need to list all your business's assets and liabilities on the right and left sides...
Track every penny for a better life
Remember, your income is an estimate. Your expenses are facts. If you have a discrepancy between them, it's a fact that your income is wrong....
You can’t really make sound business decisions when you don’t have access to financial data
One of the most basic principles in business is that it is important to be able to compare profitability and productivity for different products, different...