Video: Organizing Your Data To Save Time, Cost And Tax Dollars
Misty Aschenbach, CPA, presents at the Fostering Entrepreneurial Business Education Networking Group (FEBE). FEBE was launched by a partnership of innovation Organizations at Lorain County Community College to help entrepreneurs of Northeast Ohio expand their...
Boost Employee Productivity with Paid Time Off
A good employee is a valuable company asset, and no doubt you want your employees to be as productive as possible – which is why a suggestion to boost productivity with time off might sound counterintuitive. Paid time off (PTO) can be a critical component of your...
Simple Ways to Establish Good Credit
A good credit history is nearly indispensable. Without it, you'll have trouble buying a car, renting an apartment, and perhaps even getting a job, since some employers order job applicants' credit reports. Here are ways to establish a good record. Start by ordering...
Use Your Computer To Improve Your Bottom Line
Regardless of the current economic outlook or the size of your organization, as an astute business manager, you're always searching for ways to reduce expenses and increase the bottom line. Here are suggestions for using your computer to reduce marketing and...
Real Estate Matters: Know The Tax Rules
Taxes are an important part of the decision to own real estate. Here's a brief overview of tax benefits you can realize while you own real property, as well as when you sell or otherwise dispose of the property. Current expenses. As a rental property owner, you can...
Speak Up About Your Finances
How often do you take time to talk about your finances? Once a year while preparing your tax return? Only when a financial emergency pops up? Or are money matters a topic you avoid entirely? If discussing financial goals makes you uncomfortable, you're certainly not...
Tax News – 2016 Changes To Note
Effective beginning with 2016 taxable years, the de minimis tangible property safe harbor has increased to $2,500 per invoice or item. The change affects regulations issued in 2013 that clarified when your business could expense tangible real and personal...
Look Into The Tax Breaks For Supporting Adult Relatives
If you helped support your parents or other adult relatives in 2015, tax breaks are available that could lower your taxes. You may be able to claim your relative as a dependent, deduct extra medical expenses, or use a more beneficial tax bracket. Claiming a relative...
Improve Your Financial Well-Being With An Annual Review
You’re slogging through paperwork, gathering and organizing information to prepare your tax return. Take heart – you can make your hard work do double duty by using those same records to improve your financial well-being. Here are suggestions to get you...
These 2015 Tax Laws Can Affect Your 2016 Planning
The late-year 2015 tax extenders law grabbed headlines, but two other federal laws enacted in 2015 may also have an impact on your tax planning. Here’s an overview of selected provisions of the Bipartisan Budget Act and the Fixing America’s Surface...