“Financial wellness” is a term that gets tossed around a lot, but what does it really mean? Financial wellness is often defined as having good overall financial health, both in the immediate present and from a long term perspective. If…
As a business owner, you probably acquire a great many assets. However, in some cases, you may end up paying more for those assets than their book value. When that happens and then the asset’s value is reduced, you are…
Tax planning is an important element that should be part of your financial plan. If paying the least amount of income tax is your goal, then tax planning has to be a part of it and it must be started…
According to the IRS, April 15th is the last day you can file your taxes electronically or postmark your paper taxes. However, unexpected situations and/or bad planning happen in life, so what happens if you’ve missed tax day deadlines? If…
Managing your own finances and books can be an overwhelming and time consuming process, especially when you still have a business to run. Even if you don’t own a business, but still find yourself stressed out everytime tax season comes…