As a business owner, you should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally,...

In the most simplest of terms, Accounting is keeping track of your business transactions in a systematic manner using a certain method....

The Section 162 of the Tax Code defines a business expense as anything ordinary and necessary. This means that any expenses you've...

The government encourages us to save for retirement by allowing us to not pay tax on the income we've used to put money into our...

Tax planning is critical to effective wealth building, not paying unnecessary tax, as well as avoiding surprises at tax time. Tax...

When you sell stock, there are tax implications. Stock is considered a capital asset and when you sell it, you are taxed on any money...