Defining Burn Rate, Gross Burn and Net Burn

April 1, 2024 12:00 am Published by

đź–¨ Print⏱ 3 min readWhen it comes to any business, but especially for a start-up, it’s essential to determine how long a company can survive before it must declare bankruptcy and/or close its doors. The biggest metric, especially for a... View Article

Reduce Your Taxes by Putting the Right Assets in Your IRA

April 1, 2024 12:00 am Published by

🖨 Print⏱ 5 min read Most people know the basic concept that certain types of investment accounts are tax sheltered while others are not. Think 401(k), 403(b), IRA and Roth IRA accounts, for example. What most people are not aware... View Article

Actions Lottery Winners Should Consider

March 1, 2024 12:00 am Published by

🖨 Print⏱ 4 min readWe all have those days when we dream of striking it rich with a winning lottery ticket. Never having to work again while living a life of luxury. While your chance of finding a four-leaf clover... View Article

U.S. Beneficial Ownership Information Reporting Begins

March 1, 2024 12:00 am Published by

🖨 Print⏱ 4 min read The U.S. Treasury recently enacted a new reporting requirement aimed at quashing illicit financial transactions. The agency believes that corporate anonymity is enabling money laundering, terrorism, and drug trafficking. As part of the 2021 Corporate... View Article

End of Covid Emergency Declarations Put Work from Home Benefits at Risk

June 1, 2023 12:00 am Published by

🖨 Print⏱ 3 min readThe end of the federal emergency declaration for Covid-19 came on May 11. As a result, there are various public health policy changes. For example, vaccines and treatments will remain available, but at-home tests may no... View Article

IRS Questions and Answers on COVID-19 IRA and 401(k) Loans & Distributions

June 1, 2020 12:00 am Published by

🖨 Print⏱ 3 min readThe CARES Act stimulus package substantially relaxed the rules around certain retirement account loan and distribution requirements, but with much confusion. As a result, the IRS recently put out a FAQ document to address the COVID-19... View Article

Social Security Ground Zero: 16 Years to Impact

July 1, 2018 12:00 am Published by

🖨 Print⏱ 4 min readEvery year, the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (OASDI) issues its annual report on the Social Security system. The report details the current financial status... View Article

Summer Jobs and Taxes

August 1, 2018 12:00 am Published by

đź–¨ Print⏱ 4 min readSummer is in full swing and, with school out, lots of high school and college kids are working seasonal jobs before they return to their studies. It doesn’t matter if it’s mowing lawns, checking out groceries,... View Article

Help Reduce Call Reluctance Among Sales Professionals

September 1, 2018 12:00 am Published by

đź–¨ Print⏱ 3 min readWhen it comes to selling, there are a lot of challenges in the industry. According to a 2016 report by Accenture and CSO Insights, 55 percent of sales professionals believe that their organization’s sales tools make... View Article

Common Errors and Oversights When Evaluating a Business to Buy

October 1, 2018 12:00 am Published by

đź–¨ Print⏱ 3 min readWhen it comes to selling a business, it’s never a bad thing to be too careful. In fact, according to Forbes’ contributor Richard Parker, 50 percent of business acquisitions fall apart during the “due diligence” phase,... View Article

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