Summer is usually considered to be a time for fun and relaxation. For those who are lucky enough to get the summer months off, it can also be a time to add to job skills, credentials or even the household coffers. For that, a summer job can’t be beat.
Throughout history, there have been times when the economy has gotten so bad that we dipped into a recession. A recession isn’t as bad as a depression. Even younger generations will have heard of The Great Depression, thanks in part to shows like The Waltons, and stories passed down from grandparents.
People talk about saving money like it’s a piece of cake. And for a lot of people—mainly those with a lot of disposable income—it is easy to stockpile cash. But for the rest of us with very little disposable income, or who struggle more with finances, saving is a challenge.
Few things create as much anxiety among taxpayers as the possibility of an IRS audit. However, the reality of audits is often far less alarming than you might assume.
Self-employment offers flexibility, independence and the potential for unlimited earnings, but it also comes with important financial responsibilities—one of the most significant being taxes, as your CPA can attest to.
Every business owner aims to maximize profits, yet many overlook hidden expenses that quietly drain resources. These costs may seem insignificant, but over time, they add up, reducing profitability and restricting growth.
Managing payroll is one of the most important responsibilities for business owners. Ensuring employees are paid correctly and on time is essential not only for maintaining morale and compliance but also for avoiding payroll tax issues that could lead to audits, penalties, or even legal trouble.