4 Ways To Offer Employee Benefits And Get Tax Credits Too

As an employer, you want to build employee loyalty while still turning a healthy profit. One way to do this is to make use of benefits for which your company can get tax credits. What type of credit-worthy benefits should you provide? Here are a few options you may want to consider. Health Insurance. Health care coverage is one of the top priorities of many American workers. As a small employer, you may not be obligated to provide health insurance, but doing so provides benefits to everyone. [Read More]

Want to Extend Credit to Your Customers? 3 Things You Need to Know

One of the ways you can make more money as a small business owner is by extending credit to your customers. Extending credit to your customers is one way to allow your customers to purchase goods and services and pay you off over time. This can be a great service to offer your customers, and it can really help you expand your business. However, offering credit can be a complicated process that requires a little more business accounting knowledge than just sending out regular invoices. [Read More]

Five Mistakes To Avoid If You're Undergoing An IRS Audit

Audits initiated by the IRS can cost you a lot of money if you don't handle them properly. For many people, facing an audit can cause stress and provoke feelings of dread. However, dealing with an audit isn't nearly as complicated or costly as most people assume. You can get through your audit as smoothly as possible by avoiding the following five mistakes: Trying to rush through the audit While you might be eager to get your audit over with, you're probably better off if you take your time with it and delay whenever possible. [Read More]

3 Important Actions To Take Before Drafting Your Estate Plan

Every responsible adult should have an estate plan. An estate plan ensures that when you die, all of your belongings go to the appropriate party. Once you have any assets to speak of, or children to look after, you should have an estate plan. Here are four important steps you should take in preparing your estate plan. #1 Create an Inventory Before you head to the lawyer's office, you need to spend some time making an inventory of your assets as well as your liabilities. [Read More]