Certificates of deposit (CDs) are one of the investment options that people have when deciding how to manage their money. They are essentially savings accounts that gain interest, but require that the money be in there for a specific period of time. If the money is withdrawn too early, then the person withdrawing the money will lose some of it as a result of having to pay penalty fees. Commonly, CDs are offered for anywhere from three months to more than five years. [Read More]
Could Uncle Sam Help Pay For Your RV?
Tax time – is it a time that you dread or a second Christmas for your family? For some, the hefty tax bill that comes due makes tax time the worst time of the year, but for others, the return can make it wonderful. Did you buy an RV last year, or are you considering buying one this year? Well, it is possible that Uncle Sam will make the dream of owning an RV come true. [Read More]
The Importance Of Income Statements For Your Small Business
Running a small business requires a lot of effort, time, and knowledge, and there will be certain tasks that you cannot handle yourself. One of these is the bookkeeping services of the business, but you can hire this out. Hiring a company to handle your bookkeeping tasks offers a lot of great benefits, and one of these is that they will handle creating financial statements for you. An income statement is one of these, and here are two things to understand about income statements: [Read More]
Are You Making These 3 Payroll Mistakes With Your Small Business?
If you're like many small business owners, you are always looking for ways to save money. That might be one of the reasons you're doing your own payroll services. However, you may be making some errors that can end up costing you money or getting you into hot water with the IRS and your state tax office. Here are three common errors to avoid with your payroll. Not Knowing about Changes in Law [Read More]