Financial Planning Insights

Financial forecasting is an important aspect of your business. It is a way of predicting how your company will perform in the future. Forecasting goes hand-in-hand with a budget and is vital to the success of your business. Budgeting determines where the company wants to go and forecasting tells if the company will be able to go in that direction...

Net unrealized appreciation (NUA) is one of those lesser-known IRS retirement fund taxation rules. In fact, NUA is really important for people heading towards retirement and planning to take a lump-sum distribution of their company-sponsored stock sharing plan.

Small business insurance protects your business from financial hardships that may come your way. When looking for business insurance, you should always keep in mind the risks that accompany being a business owner. The risks can be significant, and so can the costs associated with those risks. Not only are you insuring the risks of your business,..

What is the Earned Income Tax Credit?

While another tax season has now passed, it is never too early to start planning for next year's taxes. In particular, as a small business owner, you will want to make sure that you take advantage of all of the tax deductions available to small business owners for business expenses. While the IRS offers a fairlyin-depth guideon deducting..

Whether you are running a small, medium or large business, liability insurance policies are a necessity. There are specific types of liability policies which are designed to protect your business, as well as you personally. In general, most businesses should be reviewing the two most common types of liability policies, professional and general, to..

Are you thinking about filing your own tax return this year? Although it's true you will initially save money by doing them yourself, it may cost you more in the long run than if you had hired a tax professional in the beginning. If your taxes are inaccurate or incomplete, it will take the Internal Revenue Service longer to process your return..

Making your way through paper tax forms is a headache under the best of circumstances. But it also means there is no system in place to make sure you're getting all of the deductions and credits you deserve. While the IRS can make corrections and has systems in place to pick up on likely errors, there is no guarantee that those systems will help..

When you are a small business owner, you have a variety of information to consider. When you can get your business accounting strategies in order in the beginning stages of your business, you will be able to successfully keep track of the tons of paperwork that you will see going in and out of your office.

Many people do not consider estate planning either because they believe it is only for the wealthy, or because it is not something they want to consider. While it may not be fun to consider what will happen to your estate after you are gone, there are many reasons to consider estate planning, and many benefits that doing so can provide you with...