Jan 15, 2025 | Finances, Planning
Tax Planning Tips for Your Business As 2024 winds down, here are some ideas to help you prepare your business for filing your upcoming tax return: Informational returns. Identify all vendors who require a 1099-MISC and a 1099-NEC. Obtain tax identification numbers...
Jan 1, 2025 | Planning, Taxes
The 2025 Tax Law Uncertainty With the changes happening in Washington D.C., there is now some uncertainty about what tax policies we may see in 2025 and beyond. During this time of uncertainty, it is challenging to create a workable tax plan. But not to fear. There...
Nov 25, 2024 | Finances, Planning
2025 Social Security Changes 2025 Social Security Find out how your benefits have changed Average Retirement Benefits Starting January 2025 Average Benefits – All Workers 2025: $1,976/mo (+$69) 2024: $1,907/mo Maximum Benefits for Workers Retiring at Full...
Nov 17, 2024 | Business, Planning
Proper Inventory Management Can Lead to Higher Cash Flow Mastering inventory levels is a key to many successful and growing businesses. Here are several reasons why proper inventory management can lead to lower costs and higher cash flow: Less shrink. Shrinkage...
Nov 14, 2024 | Finances, Planning
Taming Monthly Bill Creep You notice one of your monthly expenses just went up from $25 to $28. Six months later and you’re now paying $35. Fast forward another 18 months and now the charge is $50 a month. If you have an expense on autopay, you may go several...