Tag: income

October 12, 2022

It’s an eternal problem: whether we should suit our life and household to the demands our job dictates, or should we accommodate our job to the desired lifestyle? People always put one’s life or work as their priority: they either […]

May 26, 2022

In this inflationary environment, many businesses must raise their prices to continue paying higher wages, taxes, and expenses and at least stay even in terms of profitability. NFIB reports that 70% of small businesses have raised prices, especially in such […]

May 25, 2022

Under normal circumstances, or at least any time before the spring of 2020, the short answer to that question would have been “Not really.” Then COVID-19 happened, and with it, trillions in federal government aid and financial protection affected the […]

March 30, 2022

Tax season is upon us! It’s time to start thinking about your income tax bracket for 2021, so you can get a jump on preparing your tax return for the internal revenue service. There will be seven federal income tax […]

December 3, 2021

In hindsight, it makes sense that at the height of the COVID-19 pandemic Americans hoarded more money than ever. In fact, the U.S. Bureau of Economic Analysis (BEA) reported that the personal savings rate hit a historic 33% in April […]

January 27, 2020

Filing a tax return for your business each year is something you must do. But you don’t want to make mistakes that can result in higher taxes than you really owe, draw IRS attention to your return, or cost you […]

August 26, 2019

No matter how much your company makes, you can’t grow if you fritter away your revenue. Small businesses, especially startups running lean, must make the most of every dollar. Businesses don’t waste money the same way consumers do. While irresponsible […]

April 30, 2019

When you’re self-employed, increasing business is a constant effort. Normally, you’ll do this by growing your main business. But you can also do it by adding income streams, from sources not directly related to your main business. Usually those income […]

December 27, 2018

The holidays puts everyone in a celebratory mood — or almost everyone. For small business owners, the celebration may be tempered by stress over unpaid invoices. My business is lucky: Lots of our clients are scrambling to issue payments before […]

June 11, 2018

Entrepreneurship is an amazing opportunity to create a business which allows you to be in control of your life. You can create financial security and not deal with the stress of living paycheck-to-paycheck. You can experience true time freedom in […]