5 QuickBooks Online Tasks You Should Do Before January 1
Small-Business Owners: It’s probably your busiest month of the year. But there are things you can do to make your return from the holidays less stressful.
A 529 Plan Can Help Jump-Start Your College Fund
Building a college fund, even a small one, can help families feel more in control and less stressed during the college research and admission process. Think of a college fund as a down payment.
Donor-Advised Funds Combine Charitable Impact with Tax Benefits
A donor-advised fund is a powerful philanthropic tool that allows you to donate assets when it’s most tax-efficient. When you see a meaningful opportunity, you are able to provide grants to any active, qualified charitable organization.
How Student Loans Impact Your Credit
If you’ve finished college within the last few years, chances are you’re paying off your student loans. What happens with your student loans now that they’ve entered repayment status will have a significant impact — positive or negative — on your credit history and credit score.
Managing Gains and Losses in a Turbulent Year
It’s been a rough Fall for the stock market. So much so that you should probably carefully review your portfolio and other capital transactions to minimize gain or maximize losses for the year.
Research Credit Potentially Doubled By The Inflation Reduction Act
The Inflation Reduction Act that President Biden signed into law back in August, has a lesser-known provision that could benefit many small business startups, allowing them to potentially double the amount of the research and development tax credit they can claim from $250,000 to $500,000 per year against payroll taxes.
Is This an Opportune Time to Convert Your Traditional IRA to a Roth IRA?
If your traditional IRA is invested in stocks and/or mutual funds, the recent substantial downward slide by the stock markets may provide a unique opportunity to convert your traditional IRA to a Roth IRA at a low cost, and then benefit when the markets recover.
Use QuickBooks Online Effectively: 7 Best Practices
It’s easy to maintain QuickBooks files, improve the accuracy of your accounting work, and gain insight on the financial health of your business. Just follow the seven ways you can be safe, compliant, and productive when you’re using QuickBooks Online.
Sectors: Overweight, Underweight, or Just Right?
Many broad-based indexes, including the S&P 500, are weighted based on market capitalization, and that can affect performance when a heavily weighted sector suddenly falls out of favor.
Renters Insurance
Renters insurance is important coverage once you move out on your own because, if your apartment burns down, your landlord’s insurance only covers the structure, not your stuff!