Posts Tagged ‘savings plans’
The Benefits of Being a Sole Proprietor
Many start-up businesses move from hobby status to a business when they start to make a profit. The tax entity typically used is a sole proprietorship. Taxes on this business activity type flow through your personal tax return on a Schedule C. Here are some benefits to consider if you’re trying to decide if being…
Read MoreRetirement Plan Options for Small Business Owners
Offering a retirement plan can be a powerful tool when you’re competing to attract the best employees. And if you’re a sole proprietor, a retirement account can help you save even more money for the future. Here are some of the most popular retirement options for small business owners, along with ways to help with…
Read MoreBudgeting Basics
During inflationary periods, it is harder to balance your income with the rising cost of housing, food, fuel, health care and insurance. One of the biggest tools to fight raising costs is creating a budget and measuring it throughout the year. Here are some suggestions to help create a budget that actually works. Keep it…
Read MoreMake Your Cash Worth More
Banking tips to help you cash in One of the side benefits of inflation is that banks are finally beginning to pay interest on your savings. Here are some ideas to help you make the most of your banked cash: Understand your bank accounts. Not all bank accounts are created equal. Interest rates, monthly fees,…
Read MoreEveryone Wants a Piece of Your Income
There is an old wisdom: Put a live frog in hot water and he’ll jump out. Put a live frog in cold water, turn the burner on and you’ll have frog legs for dinner. This wisdom is not lost on some businesses as they know it’s easier to sell you a service once and then…
Read MoreMake Your Cash Worth More!
Banking tips to help you cash in Your cash is parked in a bank account. Do you know if it’s making or losing you money? Here are some ideas to help you make the most of your banked cash: Understand your bank accounts. Not all bank accounts are created equal. Interest rates, monthly fees, minimum balances,…
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