Featured Post

More Ideas On Avoiding Travel Taxes

Saving on travel taxes is one of the things you can actively do to help reduce your business’ costs. As with other deductions, you must be aware of the basic rules and plan in advance to make it...

Blog Posts

How to Setup Accountant User For Your Bank of America Account

You might be wondering how to give your accountant access to your bank. If you use Bank of America, you can setup different levels of access for your team. Everyone can have their login ID and...

Why Invest In Gold And Silver And Why Now? 3: Money Mayhem in France

We now go to France to continue our series on money experiments in history. As usual we’ll be relying on Michael Maloney’s book Guide To Investing in Gold & Silver.1  For more articles...

Tax-Free Investing. Is it Possible?

Is tax-free investing a myth or is it possible? In this article we will answer that questions and put the controversy to rest. One of the big things a lot of investors miss when analyzing their...

Why Invest in Gold and Silver and Why Now? 2: Echoes From Rome

We’re coming out of being subjected to all kinds of restrictions, lock – downs and medical mandates for nearly 3 years. In some rare cases this is still ongoing – no wonder the world...

Investment Returns – Why Before and After Tax Matters

You’ve made a 50% ROI over a two year period on your stock portfolio and sold to realize your profits. Good for you! You’ve done a great job and you put in the work in your research! But...

Why Invest in Gold and Silver and Why Now? 1: Repeating A Money Pattern From The Past

In the face of recent bank runs, bank failures and closures, it’s a good time to consider if we ought to modify our investment portfolios to truly be able to adapt to the changing economic...

How to Take a Larger depreciation deduction using the Double-Declining Balance Method

Accelerated depreciation methods are one of the many ways you can take advantage of tax deductions. They’ll lower your taxable income and ultimately help you lower your tax bill...

Overcoming Obstacles During 1099 Season -Dealing with Obstinate Vendors

It’s 1099 season and the January 31st deadline this 2023 draws close! In a previous article we went over the 3 easy keys to navigate the 1099 season. In particular we talked about who to send...

3 Easy Keys to Understand the 1099-NEC Requirements in 2023

If you are a small business and are unsure about who you are required to send 1099’s and 1099-NEC to this January 31st deadline, read on. Since 2020, form 1099-NEC (non-employee compensation)...