Tax-advantaged retirement plans can help you avoid taxes and save for your retirement. Contributing to a 401(k) or a Roth is if your employer offers one can save you a lot of money. To start, you should increase your contribution rates to the maximum allowed. Because compounding is tax-free in Roth accounts and tax-deferred otherwise,…

People work their whole lives to build their estates, and passing this wealth on to the next generation is a top priority for many. The key to making this happen is teaching your children about money management to keep your legacy alive . How to educate your children about wealth management The best way to…

Written by Henry Rinder, CPA CFE ABV CFF CGMA Unfortunately, many businesses have experienced collection problems during the COVID-19 pandemic. Accounts receivable are a significant item on most companies’ balance sheets. Slow-paying or nonpaying customers/clients adversely affect the company’s cash flow. Cash is the bloodline of the business. Proactive measures can help identify and remedy…

  The latest stimulus package has a number of implications for businesses. Find out what exactly is included and what it means for businesses, as well as you – and your taxes, in our upcoming webinar.  Here’s an example of just some of the items included in the package: Additional PPP loan funds Deductibility of…

Imagine this: one of your employees accesses your records without authorization, then uses stolen customer lists to start his own business. It’s not that far-fetched! In fact, this happened at one mortgage company where the perpetrator stole protected records by sending malware to a coworker. In this case, the employee was caught in the act—but…